Bookmarking Crypto Insights
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through a third-party payment network. US Residents Think … Read more
The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it may not mean decentralized governance is catching on. Go to Source Powered by WPeMatico
Bitcoin, like the internet and social media, benefits from “network effects”, where more adoption spurs higher value and incentive for additional take-up, says Blockware Intelligence. Go to Source Powered by WPeMatico
Mattel plans to use its intellectual property featuring brands such as Barbie and Hot Wheels to create playable avatars sold as non-fungible tokens (NFTs) in an upcoming metaverse. Go to Source Powered by WPeMatico
PRESS RELEASE. EverRise, a leading web3 security and infrastructure platform, has released EverRevoke. The newest addition to the EverRise Ecosystem is a utility to review and revoke token and NFT approvals from a single place across multiple blockchains. EverRevoke supports five blockchains: Ethereum, BNB Chain, Polygon, Avalanche, and Fantom. Token approvals are an often overlooked … Read more
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities and investment product rules.” SEC Launches Investigation of Terraform Labs and UST The U.S. SEC is investigating Terraform Labs and its algorithmic stablecoin terrausd (UST), … Read more
Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about movements within the market. Go to Source Powered by WPeMatico
Miners feel that the New York legislature’s efforts to get Bitcoin miners out of their state will backfire in the long run as other states invite miners to help improve their energy grid. Go to Source Powered by WPeMatico
The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results. Go to Source Powered by WPeMatico
The host of Mad Money, Jim Cramer, has some advice for cryptocurrency investors. “I would never discourage you from buying crypto,” he said, adding that he himself owns ethereum. Jim Cramer’s Advice on Crypto Investing Jim Cramer, the host of Mad Money, gave some advice regarding cryptocurrency investing on CNBC Make It Wednesday. Cramer is … Read more
