Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had the best year on record. Ripple’s $15 Billion Valuation and ‘Best Year on Record’…
In brief The Sandbox, an Ethereum metaverse game, has launched a $50 million accelerator program with Animoca Brands and Brinc. The program will invest in up to 100 startups across the wider crypto ecosystem over the next three years. As hype around the coming metaverse builds, Ethereum-based crypto game The Sandbox has emerged as one of the early contenders in…
Starting and operating a DAO can require stitching together dozens of single-feature solutions. Superdao wants to change that, announcing today that it has raised $10.5 million in a funding round led by VC firm SignalFire to help it achieve its goal of building an all-in-one DAO protocol. Decentralized autonomous organizations, or DAOs, are a popular way to build Web3 startups,…
Virtual world project The Sandbox announced its metaverse accelerator program that will push the development of the open metaverse by investing $50 million in startups. The Animoca Brands subsidiary is partnering with the venture accelerator firm Brinc to target 30 to 40 blockchain startups a year for the program. The Sandbox Metaverse Accelerator Program will allocate up to $250,000 in…
In brief MakerDAO transitioned to decentralized governance in 2021. The Maker Protocol is now governed by people who hold MKR tokens. A successful December proposal called for the “offloading” of the content team. In July 2021, one of the first decentralized projects to take hold on Ethereum fundamentally changed the way it did business: Instead of managing development and channeling…
The number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com. “Nations can no longer afford to ignore the growing push to crypto by the public. We may in many cases expect a friendlier stance towards the crypto industry,” the company said. There Will Be More Than…
Source: greentradertax.com. Yes, it’s that time of year again. The new year is upon us and we all need to start gathering tax documents. Fun stuff, right? And if you’ve invested in bitcoin or sold bitcoin, then things get really fun. The below list of items is meant to help you understand the most critical aspects for tax filing when…
In March 2019, an anonymous individual by the pseudonym “PlanB” astonished investors when he published “Modeling Bitcoin Value with Scarcity,” and introduced his now famous Stock-to-Flow (S2F) model. The model predicted exponential growth of the bitcoin market value, with what purported to be sound scientific methods. A year later, he introduced the Stock-to-Flow Cross Asset (S2FX) model, which includes gold,…
The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the U.S. Federal Reserve that interest rates will remain near 0% for the time being. After the Fed announcement from, prices across the cryptocurrency market began to rise with…
Real Bedford FC partnered with OpenNode to accept bitcoin payments.The club will accept BTC for game tickets, merchandise, sponsorships, and concessions.Real Bedford will also soon start paying players and staff with bitcoin. Real Bedford, the world’s first football club to operate on a Bitcoin standard, has formed a partnership with payment processing company OpenNode to further empower its goal of…
