BlockSol Media

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported.

The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community.

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China Fines Bitmain $3.6 Million for Tax Violations, Report – Mining Bitcoin News Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income T...

Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple.

The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency.

🔗 https://buff.ly/43ta2yx

Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple – Finance Bitcoin News Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary Author...

After a March surge in user activity, Polygon became the second-largest blockchain gaming network by unique active wallets (UAWs). The DappRadar "Blockchain Games Report" found that 138,081 UAWs played Polygon games in March, up 53% from February. Hive and BNB Chain, with 84,000 and 80,000 UAWs, behind Polygon. Wax leads with 314,000 UAWs.

BNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such scams in the entire crypto ecosystem happening on the network, according to an April 4 report from blockchain security firm Immunefi.

The report, titled “Crypto Losses in Q1 2023,” investigated a variety of crypto hacks and scams in the first quarter of the year. It found that Ethereum and BNB Chain were the two largest targets for hackers and scammers, with 68.8% of total losses from these networks combined. BNB Chain, in particular, made up 41.3% of total losses from hacks and scams.

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73.3% of Q1 rug pulls happened on BNB Chain: Immunefi BNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such scams in the entire crypto ecosystem happening on the network, according to an April 4 report from blockchain security firm Immunefi. The report, titled “Crypto Losses in Q1 2023,” investigated a variety of...

Accelerator teams earn $200,000. At the end of the four-to-six-month program, Delphi will present project teams to its investor network.

A core team of engineers, economists, designers, lawyers, and entrepreneurs will provide hands-on advise on product development, legal advice, and go-to-market strategies.