The prices of graphics processing units (GPUs), also known as graphics cards, are undoubtedly still a far cry from the manufacturer’s suggested retail price (MSRP). However, they aren’t what they used to be either, especially considering what GPU prices looked like just a year ago. For instance, the price of a GPU from Nvidia GeForce RTX 30-series is 14% over…
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. The crypto market is in a downward spiral, with Bitcoin (BTC) plunging over 50% below its peak price. In an even more dramatic slump…
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce VAT Exemption for Crypto Trading in Thailand Investors moving cryptocurrencies and digital tokens through exchanges in…
Andreessen Horowitz (a16z), the Silicon Valley-based venture capital firm, today announced it raised a whopping $4.5 billion for a new crypto fund, the firm’s fourth and the biggest so far. Crypto Fund 4 doubles the size of a16z’s previous crypto fund raised in June last year, showcasing that despite the turmoil in the crypto market, the firm’s partners are increasingly…
gm Podcast, Episode 10: DraftKings Goes Crypto Crypto and sports continue to converge, and one of the best examples is DraftKings. CEO Jason Robins joins Dan Roberts and Jeff Roberts to talk about how DraftKings is embracing NFTs as prizes, when the company might accept crypto for entry fees and bets, and how his experience dealing with regulators and lawmakers…
Terra’s “proposal 1623,” outlining plans to revive the collapsed Terra ecosystem, has been approved by the community. On May 16, Do Kwon, the creator of the Terra ecosystem, proposed revival plans which included the creation of a new blockchain and issuing new LUNA tokens. According to data from Terra Station, 65.50% of all voters support the proposal. More than 20%…
What happened in El Salvador to encourage 44 different countries to send representatives from 32 central banks and 12 other financial institutions? The short answer is that last week the country hosted an economic summit to learn about El Salvador’s strategies and experience in financial inclusion. And while the event was not a Bitcoin-specific gathering, the participants, many of whom…
The regulation of cryptocurrencies across the world is a constant battle for investors in a rapidly expanding and constantly changing ecosystem. Various regulatory agencies around the world view digital assets in a different light that vary significantly from one another. Recently, executive board member of the European Central Bank (ECB) Fabio Panetta mentioned in a written statement for a speech…
Bitcoin was lower for a second consecutive session, as bears maintained recent pressure on crypto markets. This pressure also saw ETH move lower, as it continued to trade under $2,000 during hump-day. Bitcoin The world’s largest cryptocurrency once again traded below $30,000, as bears continue to maintain a chokehold on prices. As of writing, BTC/USD is trading at $29,502.71, which…
On day four of the World Economic Forum 2022, presentations on nonfungible tokens (NFTs) have taken place with speakers sharing their takes on NFT use cases and adoption. At the Blockchain Hub Davos, speakers Veritic CEO Stephan Holzer and Seal Storage Technology CEO Alex Altman spoke on the importance of NFTs, their role in society, and how the community can…
