On August 31, D.C. Attorney General Karl A. Racine said his office is taking legal action against Michael Saylor and MicroStrategy for tax fraud and seeks to recover over $100 million in unpaid taxes and penalties. Since then, Saylor has released a statement claiming he resides in Miami Beach, Florida, and has no tax liability …
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OpenSea, the world’s largest non-fungible tokens (NFTs) marketplace, announced it will commit to exclusively support NFTs based on the proof-of-stake version of the Ethereum blockchain once the Merge is complete. 3/ While we won’t speculate on potential forks–to the extent forked NFTs on ETHPoW exist–they won’t be supported or reflected on OpenSea. — OpenSea (@opensea) …
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The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported on Aug. 31, citing sources. According to the report, the FASB rule will cover digital assets that are intangible, fungible, and don’t carry any contractual rights to cash flow or ownership of …
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DeFi asset management protocol Babylon Finance will shut down its services on Nov. 15, according to an announcement by its founder Ramon Recuero on Aug. 31. 1/ Babylon Finance is Shutting Down Despite our efforts, we haven’t been able to revert the negative momentum caused by the Rari hack. 🐻 Market hasn’t helped.https://t.co/Qgb5XM33ZX 🧵 TLDR …
Continue reading “Babylon Finance to shut down Nov. 15 after failing to recover from Rari/FEI hack”
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement Nitro Update The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told fellow Arbinauts (the …
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The Federal Bureau of Investigation (FBI) profiled the Onecoin cryptocurrency scam and its co-founder Ruja Ignatova, aka “Crypto Queen,” in a new podcast. Onecoin was one of the world’s biggest crypto scams and Ignatova was recently added to the FBI’s 10 most wanted fugitives list. FBI on Onecoin Crypto Scam and Ruja Ignatova The Federal …
After breaking above the moving averages, the Synthetix price prediction moves to cross above the upper boundary of the channel. Synthetix Prediction Statistics Data: Synthetix price now – $3.1 Synthetix market cap – $736.1 million Synthetix circulating supply – 236.5 million Synthetix total supply – 249.8 million Synthetix Coinmarketcap ranking – #56 SNX/USD Market Key …
Continue reading “SNX Crosses Above $3.0 Resistance, Massive Gains on TAMA”
DOGE continues to retrace lower support. Furthermore, signs from indicators portray that this crypto is almost reaching its lowest possible level. If this is so, then it is ok for us to anticipate an upside correction soon enough. Dogecoin’s Forecast Statistics Data: Dogecoin’s current price: is $ 0.06154 Dogecoin’s market capitalization: $8.2 billion Dogecoin’s Circulating …
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Lucky Block: September 1st, 2022 Over the past 24 hours, LBLOCK has surpassed forecast, as its value rose beyond the predicted $0.002500 price level. And, after facing some rejection higher resistance, this crypto has been able to recover strong support above $0.002120. And, at the time of writing, indicators portray that this crypto has resumed …
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A crypto whale just transferred 64,000 Ethereum (ETH) worth over a hundred million dollars to an unknown wallet. According to blockchain tracking platform Whale Alert, the deep-pocketed crypto holder transferred $102,134,766 worth of ETH to an unknown address that still holds the transferred assets at time of writing. Ethereum network explorer Etherscan reveals that the …
The music industry has been a major adopter of Web3 integration, with use cases ranging from song rights, blockchain-based streaming and new forms of digital releases. Genres like pop, EDM and hip hop have represented nonfungible tokens (NFTs) in the music industry so far. However, classical music, and specifically opera, just found its entrance. Living …
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As the date for the Ethereum Merge approaches, nonfungible token (NFT) marketplace OpenSea has announced that it will focus on supporting only the NFTs that are on the upgraded proof-of-stake (PoS) blockchain. In an announcement on Twitter, the NFT marketplace said that while their team is not speculating on any potential forks, it clarified that …
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Ethereum (ETH) hodlers that don’t play their cards right following the Ethereum Merge may be in for a hefty bill come tax time, according to tax experts. Around Sept.15, the Ethereum blockchain is set to transition from its current proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS), aimed at improving the network’s impact on the environment. …
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A group of hacktivists called the Belarusian Cyber Partisans have been attempting to sell a nonfungible token (NFT) featuring the purported passport info of Belarus president Alexander Lukashenko. The Belarusian Cyber Partisans say the move is part of a grassroots fundraising campaign to fight “bloody regimes in Minsk and Moscow.” The members claim to have …
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Battle Infinity Price Prediction for Today, 1st of September: IBAT/USD, having finished the downward correction the coin might likely resume the upside move if all the current support holds. Further increase in the bulls’ pressure may break up the $0.005510 supply level and this may swing the price up to a $0.2000 high level. Key …
Continue reading “IBATUSD: Price Heading Towards $0.2000 Supply Level”
