The UAE Exempts Crypto Transactions from VAT
The UAE updated its tax laws to exempt crypto transactions from value-added tax. The change will take effect on November 15 but retroactively apply to transactions from January 1, 2018.…
Cardano (ADA) on the spot amid mysterious transactions as ecosystem registers growth
ADA’s price has rebounded to $0.343 after a low of $0.3054 amid market volatility. Mysterious transactions involving large ADA amounts stir speculation and concern. The Cardano ecosystem grows with increased…
Devs demonstrate AI to AI crypto transactions on Coinbase Developer Platform
Coinbase saw its first AI-to-AI crypto transaction using AI tokens on its developer platform. The AI agents used crypto wallets to transact with AI tokens, bypassing traditional finance. This marks…
PlayFi to Launch Genesis Node Sale Early After 70K Transactions in One Week
New York City, New York, 12th August 2024, Chainwire The post PlayFi to Launch Genesis Node Sale Early After 70K Transactions in One Week appeared first on CoinJournal.
LightLink: A B2B-Focused Layer 2 For Fast and Gasless Transactions
What Is LightLink? LightLink is an Ethereum Layer 2 blockchain designed to provide faster, cheaper, and more scalable transactions than the Ethereum mainnet (Layer 1). LightLink is a Layer 2…
Nigerian Kucoin users to pay 7.5% VAT on all transactions
Starting Monday, July 8th, Kucoin will charge a 7.5% tax on all transactions made by users registered in Nigeria. This decision comes from a regulatory update from the Nigerian SEC.…
Mastercard launches crypto credentials P2P pilot program to simplify transactions
The Mastercard crypto pilot program uses aliases to simplify and secure transactions. The initiative involves partners like Bit2Me, Lirium, Mercado, and FoxBit. Concerns, however, persist about centralization and data security…
Bitget Wallet Supercharges User Experience with Instant Swap Mode and Prioritized Solana Transactions
Victoria, Seychelles, May 10th, 2024, Chainwire Bitget Wallet, a prominent Web3 wallet and DeFi gateway, has announced two groundbreaking updates set to significantly enhance overall user trading experience: a Instant…
Solana devs target April 15 to fix failed transactions bug
Solana developers target TX bug fix, with a patch expected on April 15. Helius Labs CEO says issues are a result of “an implementation bug, not design flaw.” Solana developers…
Bitget Wallet Secures the Top Spot Globally in Swap Transactions, Surpassing MetaMask
Victoria, Seychelles, March 29th, 2024, Chainwire This week, Bitget Wallet recorded unprecedented highs in its weekly Swap order volume, with 388,757 transactions processed — almost 68,000 more than Metamask —…