CoinTelegraph News

Bitcoin inheritance tool to use cloud service by Russian Sberbank

A new project in Russia aims to enable secure storage of inherited digital possessions like Bitcoin using a cloud-based service of state-owned Sberbank. A group of Russian experts is working on a new blockchain-based service to allow users to bequeath their...

EU entrusts $30M to new blockchain and digital assets fund

The European Investment Fund invested $30 million in a new $120 million blockchain and digital assets fund, highlighting the sector’s “strategic importance” for the EU. Analysts have long decried the European Union’s lack of homegrown tech giants, pointing to the gulf...

Cointelegraph Consulting: Rarible’s daily transactions see a rapid decline

The daily transaction volume on NFT auction site Rarible has dropped significantly since peaking in April 2021 and has not recovered since. Nonfungible token (NFT) sales tapering off is nothing new, and since their May peak, they have gone down by about 90%. However,...

US–Japan digital trade deal should include crypto: American think tank

Analysts at the Rand Corporation say crypto as part of the bilateral digital trade could lay the groundwork for cryptocurrency adoption in international trade. Sale Lilly and Scott W. Harold of the American policy think tank Rand Corporation have called on the United...

Israeli gov’t seeks to track crypto holdings above $61K

Framed as a "war against black capital," Israel's Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax. The Israeli government is ratcheting up its efforts to deter tax evasion and close loopholes for...

EY aims to simplify cross-border withholding tax process with blockchain

EY expects that its new blockchain-based withholding tax solution can lay a foundation for the European Commission’s withholding tax relief system. Global professional services firm Ernst & Young (EY) continues exploring the potential of blockchain technology to...

Record 57K BTC leave exchanges in one day dropping Bitcoin reserves to pre-crash levels

57,000 BTC leaves exchanges in a single day as demand returns with Bitcoin at the upper end of its multi-month trading corridor. Bitcoin (BTC) demanded a $40,000 resistance flip on July as on-chain data revealed large withdrawals from exchanges.BTC/USD 1-hour candle...

Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors

Mutual funds provider ProFund aims to enable crypto exposure for investors without actually buying Bitcoin. The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual...

Solana based cross-chain exchange Saber raises $7.7M to expand team and tokens

Saber has raised $7.7 million in a seeding fund round, and is rated as the second platform on Solana in terms of total locked value (TVL) with $185.77 million. Solana-based cross-chain exchange Saber raised $7.7 million in a seed funding round. The platform launched...

Nano seeks $700K in costs from plaintiff who dropped class action with ‘absurd’ claims

The ongoing Nano saga has taken another twist with a token holder dropping his case. An ongoing lawsuit involving crypto project Nano has taken another turn this week when the developers sought a sanction after the plaintiff dropped the case.The Nano team is after...

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