Philippine regulator tells Axie Infinity players they must pay tax on income from game
The Philippine government is yet to determine whether Axie’s in-game NFTs should be classified as securities or currency. Go to Source Powered by WPeMatico
DIGIT
Bitcoin hashrate triples since June 28 in recovery from China syndrome
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown. Go to Source Powered by WPeMatico
OnlyFans boss explains how ‘aggressive’ banks forced it to drop adult content
Speaking on OnlyFans’ ban on adult content, founder and CEO Tim Stokely explained the banks were the only reason behind the policy change. Go to Source Powered by WPeMatico
Infrastructure bill set for a vote by Sept. 27 with no changes to crypto tax provisions
The House of Representatives will vote on the controversial infrastructure bill without amendments to its cryptocurrency provisions by Sept. 27. Go to Source Powered by WPeMatico
Powers On… Broker disintermediation and unregulated crypto exchanges cause major concerns
As interest in and use of blockchain accelerates this year, so do regulators’ fears, making them pay more attention to crypto exchanges. Go to Source Powered by WPeMatico
Derivatives data shows Ethereum traders positioned to extend the ETH rally
Derivatives data and strong fundamentals back retail and professional traders’ bullish stance on ETH price. Go to Source Powered by WPeMatico
Dogecoin going to help real dogs — Chicago animal shelter now accepts crypto
“We are eager to connect with the growing cryptocurrency community, who can help sustain the future of animal welfare in Chicago and save animals’ lives,” said PAWS Chicago CEO Susanna Homan. Go to Source Powered by WPeMatico
Here’s why Bitcoin bulls might trample $50K ahead of Friday’s $2B BTC options expiry
Bitcoin has lost the $50,000 level but derivatives data lays out a few good reasons why bulls might march on the resistance level ahead of Friday’s $2 billion BTC options expiry. Go to Source Powered by WPeMatico
Number of Cardano millionaires rises by 173% after ADA price hit new highs
The total number of Cardano wallets with at least a $1 million balance has surged from 3,625 on July 20 to 9,830 on Aug. 24. Go to Source Powered by WPeMatico
Fetch.ai launches NFT platform for AI-generated art
Artificial intelligence could provide nonfungible token creators with a more streamlined approach for creating and selling their digital art. Go to Source Powered by WPeMatico
