The Russian Federal Taxation Service (FTS) is actively monitoring the cryptocurrency market to prevent tax evasion, FTS head Daniil Egorov said. Cryptocurrencies can potentially cause “significant erosion” to Russia’s tax base, Egorov argued in a Monday interview with the local publication RBC. But cryptocurrency transactions are still traceable and should be reported, the official said, …
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A panel of thought leaders and blockchain visionaries from around the globe converged in Glasgow, Scotland on Nov. 11 for the United Nations Climate Change Conference (COP26) summit to announce the finalists and winners of an illustrious display of artistic entries to the DigitalArt4Climate competition. DigitalArt4Climate is a multi-faceted crypto climate initiative, organized by IAAI …
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Bitcoin (BTC) begins a new week with a rare disappointment for its Q4 bull run — failing to crack previous support. After a promising weekend, BTC/USD ultimately saw rejection at $60,000 twice and has since headed below $57,000 as market momentum wanes. The stakes are high: Some believe that sky-high Bitcoin price targets can still …
Continue reading “$60K becomes resistance — 5 things to watch in Bitcoin this week”
Web3 (also known as Web 3.0) is the idea of a version of the Internet that is decentralized and based on public blockchains. The concept has gained immense popularity in 2020 and 2021, with interest from cryptocurrency enthusiasts and investments from high-profile technologists and companies. Now we get to see how things unfold, and what …
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An Innovation Offered By Alfprotocol, Making Full Use Of Bonding Curves Alfprotocol is a Solana protocol for the capital deployment of liquidity provision and yield farming, with and without leverage. The protocol includes implementing an invariant-based Automated Market Maker protocol and a money market for short-term loans for exchange activities. The Solana ecosystem’s most important …
Continue reading “Capital Efficiency Using Arbitrary Curves On Solana’s ALFPROTOCOL”
The Asian stock market is one of the biggest in the world, creating billions of dollars in wealth for those who understand how the system operates. Users no longer need to trust third parties or get blocked based on jurisdiction, as there is finally a one-size-fits-all solution for everyone’s needs. NASDEX, the premiere decentralized cryptocurrency …
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CEO and founder of hedge fund Three Arrows Capital (3AC) Zhu Su tweeted that he has “abandoned Ethereum despite supporting it in the past,” before making a U-turn on the statement. In the Nov. 21 thread, Su claimed that Ethereum culture “suffers massively from the Founders’ Dilemma,” and that “everyone is already far too rich …
Continue reading “Three Arrows Capital CEO backtracks on Ethereum abandonment comments”
The total value locked (TVL) on Ethereum layer two (L2) networks has surged to a new peak as gas fees continue to steadily rise driving further adoption. Layer 2 analytics platform L2beat currently reports that the total amount of value locked across various L2 protocols and networks has reached an all-time high of $5.64 billion. …
Continue reading “Ethereum layer two TVL reaches all-time high”
Ethereum failed to clear $4,400 and started a fresh decline against the US Dollar. ETH must stay above $4,120 to start a fresh increase in the near term. Ethereum started a fresh decline from the $4,440 resistance zone. The price is now trading below $4,250 and the 100 hourly simple moving average. There was a …
Continue reading “TA: Ethereum Trims Gains, Why This Level Is The Key For Fresh Increase”
Polemos, a play-to-earn (P2E) gaming guild specialized in NFT games, has raised $2 million in a strategic funding round to focus on its open-world role-playing game. Soon-to-be-launched as an open beta in Q1 2022, Illuvium is an open-world RPG adventure game built on the Ethereum blockchain. Players collect creatures called Illuvials that are represented as …
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Moonriver Blockchain and 123swap announce that 123swap is unique decentralized, non-custodial cross-chain architecture integrated with Avalanche. In addition, the two market leaders work together to accelerate the development of genuinely decentralized cross-chain apps that will feed the future of DeFi. The innovative, decentralized, non-custodial cross-chain infrastructure of 123swap is combined in this collaboration with Moonriver …
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The American theater chain has announced that customers can spend cryptocurrency on tickets and concessions. Adam Aron, CEO of AMC Entertainment, confirmed this week that his chain of theaters is now accepting cryptocurrency as payment. AMC Will Accept Four Crypto Coins On Nov. 11, Aron revealed that his company now supports four leading cryptocurrencies. “We …
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Bitcoin failed to clear the $60,000 resistance zone against the US Dollar. BTC is moving lower, and it could extend losses towards $55,000 in the near term. Bitcoin struggled to recover above the $60,000 and $60,500 resistance levels. The price is now trading below $58,500 and the 100 hourly simple moving average. There was a …
Continue reading “TA: Bitcoin Starts Fresh Decrease, Why BTC Could Test $55k”
CEO and founder of hedge fund Three Arrows Capital (3AC) Zhu Su tweeted that he has “abandoned Ethereum despite supporting it in the past,” before making a U-turn on the statement. In the Nov. 21 thread, Su claimed that Ethereum culture “suffers massively from the Founders’ Dilemma,” and that “everyone is already far too rich …
Continue reading “Three Arrows Capital CEO backtracks on Ethereum abandonment comments”
The total value locked (TVL) on Ethereum layer two (L2) networks has surged to a new peak as gas fees continue to steadily rise driving further adoption. Layer 2 analytics platform L2beat currently reports that the total amount of value locked across various L2 protocols and networks has reached an all-time high of $5.64 billion. …
Continue reading “Ethereum layer two TVL reaches all-time high”
