admin, Author at Prophit

South Korea to give a legal structure to Crypto by 2024

South Korea reportedly has plans to roll out legislation for cryptocurrencies by 2023 with plans to institutionalise the sector as soon as 2024.

SHIBA INU Metaverse land sales garner $20 million in ETH

Public land sales went live this month and it is being reported that sales have garnered $20 million worth of Ethereum.

$162.7 billion in gains made by crypto investors in 2021

Blockchain analytics firm Chainanalysis has confirmed that crypto traders and investors in 2021 made a total of $162.7 billion in realised gains in 2021.

Australia’s first Bitcoin ETF to list on CBOE exchange

…

Confident about USDT retaining #1 stablecoin status: Tether CTO

USDT (Tether) has always been regarded as the most popular stablecoin in the cryptocurrency world, although tokens like USDC and UST have been picking pace.

Kazakhstan announces new tax laws for crypto miners

Minister of National Economy Alibek Kuantyrov has confirmed that the Kazakh government is working on new tax laws that will link tax collection to prices of tokens such as Bitcoin.

Emirates Airline launches NFTs, unveils Metaverse plan

UAE’s biggest airline carrier, Emirates Airline joins the long list of multinational corporations to bring out official non-fungible tokens (NFTs).

One-third of all Nigerians bought crypto in the last year

Owing to high inflation and economic instability in the country, citizens are looking towards effective alternatives as a store of wealth and as a way to compound their assets.

Shiba Inu now accepted on Mexico’s delivery app Rappi

Major Mexican food delivery app Rappi has announced that memecoin Shiba Inu will be an acceptable mode of payment for users ordering food through the app.

SHIB Layer 2 Shibarium public testnet to launch in next few months

SHIB layer 2 is all set to launch the public testnet.

Stay ahead of the curve