Artist Damien Hirst will burn 4,851 artworks in NFT project
Damien Hirst, reputedly the wealthiest living artist in the UK, plans to burn hundreds of his works as part of “The Currency,” a one-year non-fungible token (NFT) initiative. The NFT version was preferred by nearly half of the purchasers of Hirst’s “The Currency” collection. Visitors to Hirst’s private London museum will be able to see […]
Japanese crypto group demand that paper gains no longer be taxed
Leading crypto advocacy organizations in Japan want to present a proposal to the country’s financial regulatory body to address its high crypto taxes, which, according to experts, reduce Japan’s competitiveness as a center for the cryptocurrency industry. According to Danny Talwar of the crypto tax platform Koinly , the legislative framework in Japan makes it […]
Experts yet to explain surge in ETH active addresses
Many people have made assumptions regarding the origin of the abrupt, jarring increase of active addresses on the network. Santiment, an on-chain measurement company, said it is still looking into what caused the unexpected rise of ETH active addresses, which has outpaced the previous ATH by a staggering 48 percent. The analytics company tweeted on […]
Backlash after Harmony suggests issuing 4.97 billion tokens to pay victims
Harmony plans to refund either 100% of 4.97 billion new ONE tokens or a 50% reimbursement of 2.48 billion ONE tokens. The Harmony blockchain project team has suggested that victims of the $100 million Horizon Bridge hack in June receive compensation in the form of up to 4.97 billion of its native currency ONE. Members […]