We’re thrilled to announce that we have added seven new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade. After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can continue to build the NFT collection of your dreams with zero gas fees.* We will…
Month: February 2023
Top 7 blockchain courses and certifications for beginners
Blockchain courses and certifications can play an important role in helping individuals gain a comprehensive understanding of blockchain technology and its applications. By completing these courses, individuals can develop technical skills, stay current with industry developments, enhance their career opportunities and increase their earning potential. Here are seven blockchain courses and certifications for beginners. INE’s Blockchain Security INE’s Blockchain Security…
Developers seek solutions for Web3-related scams from internet browsers
A big concern for users in decentralized finance (DeFi) is its susceptibility to exploits. A report from Privacy Affairs revealed hackers stole $4.3 billion worth of cryptocurrency from January to November 2022 — a 37% increase from the previous year. Such exploits harm the integrity of companies and fuel skeptics from outside of the space in their case against cryptocurrencies. However, in…
What crypto hodlers should keep in mind as tax season approaches
Filing taxes for cryptocurrency can be a confusing and daunting task for many individuals. The United States Internal Revenue Service (IRS) treats cryptocurrency as property subject to capital gains taxes. Knowing this appears to make filing crypto taxes simple, but crypto’s unique nature means there are many unanswered questions. Accurately reporting gains and losses can be a nightmare. While everyone…
PleasrHouse Auctioning Couch from Original Doge Meme
Degens and lovers of internet memes, this one is for you. On Thursday, PleasrDAO announced that the next episode of PleasrHouse will be all about the doge. Beginning February 7, 2023, PleasrHouse will host a 24-hour NFT auction that will give the winner ownership of the couch from the original doge meme. Yes, the couch. NFTs related to oddities and…
What is crypto tax-loss harvesting, and how does it work?
Crypto tax planning can help optimize taxes by identifying opportunities to minimize tax liability on cryptocurrency transactions. For instance, donating cryptocurrency to a charitable organization can provide a tax deduction and also avoid capital gains tax on the donated assets. Crypto tax-loss harvesting is another strategy that cryptocurrency investors use to reduce their overall tax liabilities. This article will discuss…
Member of St. Maarten’s Parliament Launches Bid to Adopt Tron as Legal Tender
Tron-based cryptocurrency could become legal tender in the Caribbean nation of St Maarten, after pro-crypto member of parliament Rolando Brison initiated legislation to begin the process earlier this month, according to local news outlet SMN-N. The move to adopt Tron as legal tender in the Dutch-governed part of the territory, Sint Maarten, “marks another achievement for our push [toward] worldwide…
BTC Jumps to 6-Month High Above $24,000 – Market Updates Bitcoin News
Bitcoin surged above $24,000 on Feb. 02, as markets continued to react to the latest U.S. Federal Reserve policy decision. On Wednesday, the central bank moved to increase rates by 25 basis points, while signaling that further hikes could be on the cards. Ethereum also rallied, with prices nearing $1,700. Bitcoin Bitcoin (BTC) rose to a six-month high on Thursday,…
Tether CTO Paolo Ardoino on taking the bull by the horn
Stablecoins have been under much scrutiny after the implosion of the third-largest stablecoin by market cap, TerraUSD (UST), in May 2022. The UST saga led to a lot of skepticism that caused consumers to question the safety of stablecoins. In the seventh episode of Hashing It Out, Cointelegraph’s Elisha Owusu Akyaw (GhCryptoGuy) interviewed Paolo Ardoino, Tether’s chief technology officer, about…
Chainalysis Says It’s ‘Well Capitalized’ Amid Latest Workforce Cut
Crypto forensics firm Chainalysis is set to lay off just under 5% of its workforce of roughly 900 employees. The firm’s senior director of communications Maddie Kennedy told Decrypt that the layoffs are set to mainly impact those working as part of its “go-to-market team,” usually meant to mean employees working in sales and marketing. Many of those impacted will…