Newsletter Jul 27, 2022
Parallel Chooses Anchorage Digital For Keeping NFTs Safe For Its Players - Exclusive

"At a time of market volatility and high-profile hacks, brands like ours need to take a long-term approach to protecting assets and users," Parallel CEO Sascha Mojatahedi said.

Multiple Biconomy Users Accuse Crypto Exchange Of Not Allowing Full Withdrawal Of Their Funds

As helpless investors reel from a shockwave of implosions in the crypto space and regulators watch nonchalantly, a high-profile crypto exchange in Canada is facing complaints about holding back investor funds.

New Bill To Make Small Crypto Transactions Tax-Free

The new bill would free Americans from taxes when they engage in cryptocurrency transactions of up to $50 or trades with a net gain of up to $50.

Crypto On Wednesday: Market Drops Pace

The crypto market turned sluggish as trading volume dropped for Bitcoin (BTC) after the cryptocurrency lost the $22,000 price region.

Institutional Money Flowing Into Bitcoin, Cardano And Ether: Report

BTC saw a weekly inflow of $16 million over the past week while witnessing an inflow of $206 million the week before that, marking the largest inflow in Bitcoin since May, a report said.

Regulation Once Punished Innovation; Now It Will Drive Web3 Beyond Our Wildest Expectations

Innovation is often accompanied by accelerated growth and development.

The Group Of NFT Hackers Targeting Discord Channels Is Bigger Than Previously Thought

The increasing number of attacks on NFT projects might be coming from the same group of hackers, a report said.

Crypto Exchange Kraken Is Being Investigated For Sanctions Violation: Report

The Treasury Department’s Office of Foreign Assets Control has been investigating Kraken since 2019 and a fine might be imposed soon, according to a report.

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