Merge: Ether Volatility Continues
In a research note, the bank told clients that investors want to know more about The Ether Merge and its meaning. Bank of America said in a note on Friday that the rise in the price of Ether (ETH) from mid-July to mid-August may continue to fade as investors try to figure out what the […]
DeFi Protocols, Stablecoins To Be Affected By Merger
DappRadar says that switching to proof-of-stake could lower the value of stablecoins and reduce the size of lending pools if the Merger should go through. A new DappRadar report released on Friday says that Ethereum’s upcoming Merger could greatly affect how DeFi protocols work on crypto’s most popular decentralized finance chain. The study focuses on […]
Web3 Web Service Set To Lose Its Domain Address
GoDaddy says that Web3 Web Service ran out of time on July 26 and will be up for grabs on September 5. When members of the ENS DAO community go to the Web3 Web Service website, they will see a blank page with a green banner at the top saying that the domain has expired. […]
Crypto Hedge Fund’s Liquidators Receive Backlash
Su Zhu, who helped start Three Arrows Capital, said Teneo lied to the High Court of Singapore. This week, the High Court of Singapore gave permission for the liquidator to look into the Crypto Hedge Fund’s local assets. The co-founder of Three Arrows Capital, Su Zhu, said in a notarized document that the crypto hedge […]
Japan Entice Startups With Corporate Crypto Tax Consideration
Two crypto lobby groups recently asked the government to change the country’s Corporate Crypto Tax laws. Currently, investors can pay up to 55% on capital gains when they sell crypto. On Wednesday, Yomiuri, a local newspaper, said that Japan would look at its current corporate crypto tax rates to keep startups in the country. Japan’s […]