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MakerDAO proposal eyes new DAI savings rate of 3.33%

MakerDAO is considering a proposal to raise the Dai savings rate (DSR). This follows the last change that saw DSR increase to 1%, attracting over 35 million DAI deposits in…

Kenya eyes 3% tax on cryptocurrency transfers

Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023. The 3% crypto tax will target cryptocurrencies and NFT transfers on exchanges and…

FIL jumps 24% as Filecoin community eyes major network upgrade

Filecoin’s native token FIL spiked 24% to around $6.44 on Monday. The launch of the Filecoin Virtual Machine (FVM), expected on 14 March, has the community buzzing. FVM brings smart…

Tencent eyes support for Web3 growth with Ankr, Avalanche partnerships

Tencent Cloud has signed an MoU with Web3 blockchain infrastructure platform Ankr. The company also revealed partnerships with Avalanche, Ethereum scaling solution Scroll and Mysten Labs’ Sui blockchain. Tencent Cloud…

BNB And Solana in Green as Big Eyes Coin Reaches $26M in Pre-ICO

February seems to get tougher and tougher for crypto investors and traders as the market continues to decline, approaching the halfway mark of February. Bitcoin remains below the $22K level,…

Deutsche Bank eyes investment in 2 German crypto firms: report

German bank Deutsche Bank AG is said to be negotiating minority stakes in Deutsche Digital Assets and Tradias. A Bloomberg report on Wednesday claimed the deals are being led by…

January recap: Bulls back on top, but all eyes on the Federal Reserve

Key Takeaways Crypto banks best January in nearly a decade 68% of the Bitcoin supply in profit, compared to 50% at the start of January Correlation between Bitcoin and risk…

Eyes on Shiba Inu as it readies for Bugatti Group partnership

Bugatti Group Company designs and creates briefcases, handbags, and other accessories. Bugatti Group is expected to host a special event soon, in partnership with Shiba Inu. The event is scheduled…

Ethereum Classic eyes the $20 resistance level after its latest rally

Ethereum Classic is the best performer amongst the top 50 cryptocurrencies by market cap today. ETC is up by more than 4% today and has added 21% to its value…

XRP eyes a breakout as lawyer makes a prediction on Ripple case with SEC

Crypto lawyer expects a sweeping ruling in Ripple case with SEC XRP has met resistance at $0.40 The cryptocurrency is bullish but needs a breakout for further gains Ripple (XRP/USD)…