The United States Government Accountability Office (GAO) has published a report detailing how cryptocurrencies—and crypto kiosks—may be used to facilitate human and drug trafficking. A crypto kiosk is another term for popular crypto ATMs springing up around the country. The report lays out two principal reasons why these kiosks or ATMs may be helping facilitate criminal activity. “While kiosk operators…
Watch This Episode On YouTube Listen To This Episode: In a perfect universe, energy could be stored with zero degradation over time, creating a perfect battery. While the laws of thermodynamics deny this possibility, Bitcoin is the best representation of an entropy-resistant monetary system that humans have ever seen. Few explain this as well as Mark Goodwin can, and he…
Binance Labs, the venture capital (VC) arm of the Binance cryptocurrency exchange, announced Tuesday that it will contribute to Oasis Foundation’s $200 million ecosystem development fund, sending a strong signal that major investors were still keen to back emerging projects on alternative blockchain networks. With the investment, Binance Labs joins other prominent VC firms in supporting the Oasis Network, an…
This article first appeared in Bitcoin Magazine’s El Salvador print edition. To get this piece of Bitcoin history sent directly to you, subscribe now. There’s nothing inherent about Bitcoin that necessitates in-person gatherings. In fact, much of the success of the open-source software project can be attributed to the fact that it’s natively digital, decentralized and accessible by anyone, anywhere…
intermediate Ethereum, alongside Bitcoin and Dogecoin, is one of those cryptocurrencies that are well-known even outside of the crypto community. And it is for a good reason — Ethereum is one of the most feature-rich and interesting blockchains out there. Besides being an incredibly innovative technology, Ethereum is also a great asset for investment. Unlike small altcoins, it has less…
Digital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencies that tapped ATHs last year are currently down a great deal in value, as numerous cryptocurrencies have lost 30% or more since 2021’s price highs. Crypto Values Are Lower…
Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial Forum, an event organized by Hong Kong’s government to highlight new opportunities within the region’s economic landscape. The businessman pointed out that instead of focusing on determining whether assets are securities or not, regulators must…
LinksDAO is a new DAO looking to finance the creation of a physical golf course and club by selling NFTs, blockchain-based deeds linked to digital or real assets. In this case, the NFTs represent the right to purchase actual memberships to the future country club. The floor price of the LinksDAO NFT collection jumped today after Golden State Warriors Stephen…
press release PRESS RELEASE. Tortola, BVI, 10 Jan 2022: Anyone who has been paying attention to the world of NFTs (non-fungible tokens) will know that people love investing in cartoon-themed initiatives. Whether it be the immensely popular canine-oriented cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB), or perhaps even well-known NFT collections like The Bored Ape Yacht Club (TBAYC), the…
Crypto tax compliance firm TaxBit is working to unite major industry companies like Coinbase and Binance.US within one network to enable free 2021 tax forms for users. The crypto tax software provider on Tuesday launched the TaxBit Network, a certified network aiming to democratize crypto tax calculations and tax forms by providing necessary tax reporting data to all network users…
