Airdrop culture could pose integral threat to DeFi industry
The sobering fallout of rug-pulled YEAR token has provided an acrimonious ending to a commendable 12 months of growth for decentralized finance. Go to Source Powered by WPeMatico
Month: December 2021
Price analysis 12/31: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin and most major altcoins are attempting a recovery from their strong support levels, indicating that traders continue to buy on dips. Go to Source Powered by WPeMatico
Bitcoin holds $48K as final Wall Street session caps 60% YTD gains for BTC
There’s plenty to celebrate in “up only” Bitcoin beyond short timeframes, analysts conclude on the last day of the year. Go to Source Powered by WPeMatico
100 NFT Collections Surpass $20 Billion in Volume — Cryptopunks, Bored Apes Capture Top Volumes
Non-fungible token (NFT) assets were extremely popular this year and to date, there’s been more than $20 billion in volume recorded in terms of NFT sales among 100 collections. While many single NFTs sold for millions of dollars a number of NFT projects and collections saw hundreds of millions and even billions in all-time volume. … Read more
Going meta: Paris Hilton, Times Square, and ETFs
Decentraland and Paris Hilton plan competing virtual New Year’s Eve celebrations, while ProShares plans to launch an ETF tracking the performance of metaverse-focused firms. Go to Source Powered by WPeMatico
Will US regulators shake stablecoins into high-tech banks?
U.S. stablecoin issuers might soon face liquidity, customer protection and asset reserve rules — and maybe even a deposit-insurance mandate like banks. Go to Source Powered by WPeMatico
Centralized systems are here to stay, says Binance CEO CZ
Binance CEO CZ debates Ponzi schemes, DeFi and how Binance chooses coins for listing in a new year video. Go to Source Powered by WPeMatico
Donated or Inherited Virtual Assets to Be Taxed by South Korea’s NTS
Starting in the year 2022, donated or inherited virtual assets will be assessed and taxed accordingly, South Korea’s National Tax Service has said. Dunamu, Bithumb Korea, Korbit, and Coinone are the new virtual asset service providers (VASPs) tasked with evaluating digital assets for such tax purposes. Virtual Asset Service Providers Tasked With Evaluating Crypto Gifts … Read more
Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge
The agreement is an essential step toward creating a fully regulated link between the fiat and crypto worlds, said Valereum. Go to Source Powered by WPeMatico
Bitcoin gains $1.5K in under an hour as BTC price erases days of downtrend
Bitcoin rises above $48,500 in a show of strength as over $6 billion of options expires. Go to Source Powered by WPeMatico
