On Nov. 23, one of the most popular singers in Asia, JJ Lin, announced on Twitter he bought three virtual plots of land on Decentraland. Almost immediately, promotions claiming to sell plots beside Lin popped up on Sina’s website. “Buy a plot of land around JJ Lin at a low price!” Someone replied in a …
Continue reading “I tried becoming a pop star’s neighbor in Decentraland. Here’s what I learned.”
The privacy-centric crypto asset monero has seen significant gains during the last two weeks, jumping 36% in value against the U.S. dollar. Despite the negative press from the “Spider-Man: No Way Home” torrents with monero mining malware, seven-day statistics indicate the crypto asset has gained more than 21%. Monero Sees Double-Digit Gains Amid Mining Malware …
India’s Directorate General of GST Intelligence (DGGI) reportedly raided major cryptocurrency exchanges Saturday. Their offices were searched and “massive goods and services tax (GST) evasion has been detected by DGGI.” Tax Authorities Say Cryptocurrency Exchanges Have Been Evading GST Tax India’s Directorate General of GST Intelligence (DGGI) reportedly raided major cryptocurrency exchanges across the country …
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Former chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has since returned to Russia while court proceedings against him in Poland are still ongoing. Polish Court Rejects Extradition of Wex Executive to Kazakhstan Authorities in …
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Popular cryptocurrency analyst and trader Michaël van de Poppe thinks one decentralized finance (DeFi) altcoin built on Ethereum (ETH) is primed for a breakout at the beginning of 2022. Eight Global, Van de Poppe’s crypto education platform, notes in a new tweet that the Curve DAO Token (CRV) is currently printing a bullish market structure. …
New data from a whale-surveilling website reveals which crypto assets are being devoured by the top 1,000 Avalanche (AVAX) whales. According to WhaleStats, which recently began keeping track of the smart contract platform and Ethereum (ETH) competitor, deep-pocketed AVAX investors are, on average, snapping up thousands of dollars worth of stablecoins and other altcoins. The …
Sandra is CEO of the Global Blockchain Business Council, an industry association for the blockchain technology ecosystem. “​​In 2022, it will be ‘corporate career risk’ to not have a baseline understanding of cryptocurrencies and blockchain technology. From bankers to corporate executives to politicians, it is imperative that they get on board and seriously consider the …
Continue reading “What’s ahead for crypto and blockchain in 2022? Experts answer, Part 1”
Decentralized autonomous organizations (DAOs) started out as a simple concept envisioned as organizations, created by an idea and fueled by developers, that automate business functions and processes by leveraging smart contracts and all the fundamental tenets of blockchain. The core idea was to flatten the complex business process that various organizations are mired in and …
Continue reading “DAOs are the foundation of Web3, the creator economy and the future of work”
As 2022 is kicking off, America nears the first anniversary of Joe Biden’s presidency. Following the tenure’s ambitious start, the last few months witnessed some serious tumult around the overall health of the United States economy, the administration’s handling of the COVID-19 pandemic, and the tense debate around Biden’s opus magnum — the $1.7 trillion …
Continue reading “How the Democratic Party didn’t stop worrying and fearing crypto in 2021”
WazirX, one of India’s leading crypto exchange platforms, has paid more than $6.6 million for failure to pay the Goods and Services Tax (GST) on trade commissions. The money paid by the exchange will cater for the pending tax, interest accrued and penalties. Officials from the Central GST and the Central Excise Committee (CGST) have …
Bank of Mexico announced it would be rolling out a central bank digital currency (CBDC) by the end of 2024. The country will join others such as China and Indonesia closer to a public rollout of a CBDC. In the announcement, Banco de Mexico stated that it “will have a digital currency of its own …
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Shiba Inu is in the first stages of launching Doggy DAO. The team has announced it will be launching the DAO on a testing phase to boost the token’s growth and remain true to the mission of decentralization. The purpose behind the Doggy DAO is to ensure developers do not have total control over specific …
Continue reading “Shiba Inu announces plans to launch Doggy DAO in the Beta version”
The crypto market was bearish during the last few weeks of 2021. However, some coins outperformed the rest of the market, and they have moved to 2022, maintaining a slightly bullish trend. Fantom has made notable gains in terms of network adoption and FTM prices. Fantom is trading at $2.36 at the time of writing …
Continue reading “Fantom at $2.36 after 11.2% gains –How to buy FTM”
CNBC contributor and CEO of digital currency investment firm BKCM Brian Kelly is naming three metaverse altcoins that he believes possess high potential in 2022. In a new episode of Fast Money, Kelly says that the three altcoins will appreciate as their respective virtual worlds become more popular. In the case of Decentraland (MANA), a …
In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem while clarifying the concerns raised by other members of the crypto community over the past year. “We live in a world where arbitrary groups of people get to be fact-checkers and decide what’s legitimate,” said Hoskinson while speaking about …
Continue reading “VCs don’t understand that Cardano has a community: Charles Hoskinson”
