In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. At the end of 2021 — a year in which Bitcoin (BTC) and Ether (ETH) rose 100% and 300%, respectively — global…
Decentralized finance (DeFi) has had a rough go so far in 2022, and data from Messari shows the top ten-ranked DeFi assets currently down between 10% to 50% since the start of the year. Top ten DeFi tokens by market capitalization. Source: Messari A positive is, the situation may change soon as funds have began to flow back into the…
Let us consider the nations of the world, their standing as monetary powers, as followers, victims, and outcasts. How will these nations use Bitcoin strategically? There Are Four Kinds Of Countries Today Monetary Hegemons These are countries with massive sway over others. Other nations hold their currency as foreign reserves. They control the primary unit of account in global trade.…
The Ethereum (ETH) Arrow Glacier upgrade is a relatively simple modification implemented in block number 13,773,000 on December 9, 2021. So, is Ethereum proof-of-stake (PoS) now? No, with the Arrow Glacier upgrade, the Ethereum blockchain gets updated to keep it on track. This means that the Ethereum blockchain is yet to upgrade to the PoS model. Moreover, the Arrow Glacier…
100% of sales profits will go to the “Bitcoin For Truckers” fundraising campaign. You can purchase the red and black Canadian hat here, and the regular black Bitcoin hat here. How often can you truly say that a trucker hat is the right choice? But when a peaceful protest gets its funds frozen by the state, the need for such an…
The rise of blockchain-based play-to-earn (P2E) gaming was one of the leading stories in 2021 as games such as Axie Infinity exploded in popularity and players realized that they could make life-changing amounts of money while also having fun. Weekly number of games by blockchain. Source: Footprint Analytics According to data from Footprint Analytics, the Ethereum network remains the leader…
Cryptocurrency markets dropped late Friday—along with U.S. stocks—as investors dumped riskier assets amid fears Russia could invade Ukraine. Bitcoin, the largest cryptocurrency by market cap, was down nearly 4% in the past 24 hours, according to CoinMarketCap. It was trading for $42,469.06 at the time of writing. But the altcoin market was what took the biggest beating. Solana, the eighth…
Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the cryptocurrencies like bitcoin, such as “the exchange mechanism is expensive, [and] it’s not great for the environment.” Uber CEO Says Firm Will Likely Accept Cryptocurrencies at Some Point, Company Converses…
In brief Axie Infinity will add free in-game “starter monsters” so that new users can play without buying NFTs. The feature will launch alongside a new battle system in a gradual rollout beginning by the end of Q1 2022. Axie Infinity is the biggest play-to-earn game on the market, with more than 2 million daily active users, but it requires…
press release PRESS RELEASE. Universe Island – the name in itself gives away a major hint of what the game beholds, that is, a whole metaverse offering a wide range of features! Universe Island is a play-to-earn game that offers a classic third-person, 1vs1 shooting theme experience. However, a key factor that adds dimension to it and takes your gaming…
