Digital tenge implementation project presented in Kazakhstan
In Kazakhstan, the National Bank has officially started considering a project to introduce digital tenge. So far, this proposal is under development, and a report on this issue is posted on the main official website.
PayPal representatives organized negotiations on the issue of stablecoin
The world-famous PayPal payment system is becoming a new platform for the release of the well-known cryptocurrency - stablecoin. These are virtual assets, the main task of which is to imitate the rate of real currencies: the dollar, the euro. With its help, two people can exchange currency, being in different parts of the world.
South Korea conducted a survey on the introduction of a tax on income from operations with cryptocurrencies
Realmeter conducted a survey among residents of South Korea, on the agenda was the introduction of a tax on profits from transactions with cryptocurrency assets. Earlier it was reported that the new tax will take effect from the first day of the new 2022. As an experiment, 500 adult respondents (aged 18 and over) were interviewed.
Ethereum surpasses Bitcoin in terms of active addresses growth
The Ethereum network reportedly bypassed Bitcoin in terms of active addresses. Since the beginning of this year, this figure has grown by 145 percent. During the same time, the number of active addresses of the BTC payment system increased by only 13 percent.
A new sidechain has been introduced into the Ethereum payment system to carry out transactions up to 2000 per second
Using the new zkRollup technology, which has a throughput of more than two thousand operations per second and an average commission amount of about $ 0.01, Startup Matter Labs has implemented a beta version of the second level of zkSync based on this technology.
Ethereum is predicted to rally with 100 million e-wallets
The founder of Mythos Capital, who is also an investor in the cryptocurrency market, Mr. Ryan Sean Adams noted that over the past five years, for the first time in the entire existence of a cryptocurrency, the number of registered electronic wallets on the Ethereum platform has exceeded one hundred million.
Japan introduces blockchain-based banking transaction system
EOS Inflation Reduced
The EOS network owners have approved the decision to reduce inflation.
Speed up EOS - Dan Larimers solution
The EOS.IO protocol will be updated.
South Korean ATMs to support litecoin
South Koreas ATMs will be equipped with Litecoin cryptocurrency.
New Zealand plans to abolish double tax on cryptocurrencies
New Zealand authorities have put forward a proposal to waive the application of the tax on cryptocurrencies.
The TNETA project could well revolutionize the video broadcasting industry. It will be something similar to what the Youtube platform once implemented with the delivery of regular video content back in 2005
Stablecoin USD Coin
The introduction of a stable digital currency with an artificially regulated rate could correct the situation in the cryptocurrency market. One of the possible solutions is stablecoins. The stable cryptocurrency USD Coin is able to replace the dollar in the digital asset market, increase the attractiveness of the blockchain industry and reduce user costs for trading.
To stabilize the cryptocurrency market, a multifunctional platform is needed that can combine the functionality of the exchange and various applications. The NXT developers started to create such a project in 2014. The resulting product was named Waves.