Major Cryptos Remain Unstirred by Inflation Data, Ethereum Shanghai Fork

Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at about $29,900, down the better part of a percentage point over the past 24 hours. Ether, the second largest crypto in market value, was hovering around $1,905, up almost a percentage point. Many investors had been looking for both cryptos to react more strongly to Wednesday’s events, particularly the Ethereum “hard fork,” a continuation of the platform’s transformation from a proof-of-work to a faster, more efficient proof-of-stake protocol. Author: James Rubin, Jocelyn Yang, Glenn Williams Source link

Companies Behind Azuki NFTs and LINE FRIENDS Characters Join Forces For Web3 Expansion

“We are excited to collaborate with IPX, who is a global leader in building innovative character IP brands beloved by millions of fans around the world,” Zagabond, the pseudonymous founder and CEO of Chiru Labs, said in a press release. “IP is evolving, and we see the web3 community as an integral part of this next wave. We can’t wait to bring the world of BEANZ together with LINE FRIENDS.” Author: Toby Bochan Source link

Spanish tax agency to send over 328K notices to crypto holders

The Spanish Tax Administration Agency (AEAT) is increasing its efforts to charge the local holders of crypto assets. The AEAT intends to dispatch 328,000 warning notices to those who should pay their taxes on crypto for the 2022 fiscal year. According to the local newspaper El Mundo, the number of notices increased by 40% in a year, with 150,000 warnings in 2022. However, the fiscal authorities appear to be taking the matter seriously only recently, with just 15,000 notifications in 2021. However, such activity isn’t focused solely on crypto, with…