Fears tend to mount whenever an OG crypto whale starts shifting funds, but this one used it to double down on the blockchain network. Read More at https://cointelegraph.com/news/ethereum-ico-wallet-moves-120m-after-a-decade-throws-it-into-staking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
BitMine buys $70M ETH while Tom Lee revises Bitcoin prediction
BitMine now holds over $10 billion in Ether, doubling down on its strategy to accumulate 5% of the supply despite being underwater on its total position. Read More at https://cointelegraph.com/news/bitmine-buys-eth-tom-lee-shifts-bitcoin-all-time-high-prediction-january?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum devs work on ‘Secret Santa’ protocol to power privacy
A Solidity engineer proposed a protocol earlier this year using zero-knowledge proofs and transaction relayers to enable a Secret Santa-like feature on Ethereum. Read More at https://cointelegraph.com/news/ethereum-protocol-allows-onchain-secret-santa-with-zk-proofs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CZ’s YZi Labs moves to take over board of flatlining BNB treasury
YZi Labs has asked CEA Industries shareholders to support its move to shake up the BNB treasury company’s board and install its pick of directors. Read More at https://cointelegraph.com/news/cz-yzi-labs-eyes-takeover-cea-industries-board?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Japan government backs 20% tax on crypto profits, on par with stocks
Japan has taken another step to reform its crypto taxation, replacing its tiered system that can reach as high as 55%. Read More at https://cointelegraph.com/news/japan-gov-backs-flat-tax-crypto-profits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vanguard’s 50M+ clients will soon have access to crypto ETFs
Vanguard CEO Salim Ramji ruled out crypto ETFs on its platform in August, but consistent demand for crypto has seemingly changed his firm’s tune. Read More at https://cointelegraph.com/news/vanguard-to-allow-clients-trade-crypto-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound