UK Tax Authority Seizes NFTs in VAT Fraud Case
The alleged suspects also reportedly used prepaid unregistered mobile phones, VPNs as well as fake company invoices in their quest to evade millions in tax.
Blockchain news category covers the foundational technology powering the crypto world. Discover updates on scalability solutions, layer‑1 and layer‑2 protocols, decentralized apps (dApps), enterprise adoption, and how blockchain is reshaping sectors from finance to supply chain. A must‑read for understanding the infrastructure behind the headlines.
The alleged suspects also reportedly used prepaid unregistered mobile phones, VPNs as well as fake company invoices in their quest to evade millions in tax.
The recently-launched Bud Light Next beer variant debuts on the Super Bowl commercial slate and hints at NFTs and the metaverse.
SundaeSwap is aiming to embody the true meaning of decentralization by democratizing profits across the board for all of its users.
Semiconductor heavyweight Intel says it will debut a new crypto mining chip that will perform much better than its rivals.
The average transaction fee in the Ethereum ecosystem has proportionally dropped with the network activity and the market price historically.
As mainstream adoption of crypto and NFTs increased in 2021, so did the demand for CryptoPunks.
The Bitcoin network hashrate has touched a new all-time high registering a 31% jump in a single day. This suggests higher miner participation and the growing security of the Bitcoin blockchain.
According to Giga Energy’s co-founder, using flare gas to mine Bitcoin has turned out to be a successful idea. This startup has already signed deals with over 20 oil and gas companies. Besides, the company is planning to expand its staff with six more people this month.
AAX says its initiative with Pyth will lead to a smooth, and seamless trading experience for users interested in crypto market data.
Ami Gan, who is currently Chief Executive Officer at OnlyFans, said that the latest feature on the platform is the initial step into expanding the company’s horizons with NFTs at play.
An analysis of the company’s statement indicated that the GAL token can perform and play multiple roles.
The ECB is looking to accelerate its plans with the issuance of Digital Euro as other economies and central banks are gearing up with similar plans.
This news comes less than a month after YouTube CEO Susan Wojcicki hinted that the platform was looking to integrate emerging technologies like NFTs to increase creator revenue.
FlamingoDAO has made popular previously unknown artists just by including their art in its collection.
Now when the second phase of the sale is completed, the team behind the Dvision Network is all hands on deck in ensuring that the protocol supports multiple mainnet.