Chain Reaction: The Insanity of L1 Bridges (Cross-Chain Chaos)
The Wormhole hack at about $320M could be classified as a counterfeit operation and a bank robbery at the same time. This makes it both the most successful counterfeiting operation…
Freedom Convoy Continues, Trudeau Begs Protestors to Stop, Fundraiser Raises $542K in Bitcoin
During the last week, a large number of truckers are still occupying the streets of Ottawa protesting the vaccine mandates. On Monday, Canadian Prime Minister Justin Trudeau begged protestors to…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate After Monday’s Surge
Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to multi-week highs. BTC climbed to $45,000, with ETH moving to $3,200. Bitcoin…
Spanish Treasury Postpones the Definition of Crypto Tax Declaration Models Until Next Year
The Spanish treasury ministry has announced it will postpone the establishment of the complete framework for declaring taxes related to cryptocurrency assets until 2023. While the Spanish government has advanced…
Cappasity to Present 3D NFT for E-Commerce in March 2022
PRESS RELEASE. Cappasity’s platform will allow retailers to create immersive NFTs easily and quickly. The proprietary utility token CAPP will be used in the provision of NFT services. Cappasity lets…
Charity hack fixes your crypto CGT bill: Endaoment
Robbie Heegers Endaoment has facilitated the donation of over $30 million of cryptocurrency to 243 different charities. These donations come from altruistic cryptocurrency investors who are also partly motivated by…
No precedent: IRS court settlement doesn’t clarify crypto staking taxes
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression. In May 2021, a Nashville couple known…
4 key takeaways from KPMG Pulse of Fintech Report
New Pulse of Fintech report by KPMG revealed that over $30 billion in investments flowed into the crypto and blockchain sectors in 2021. As Bitcoin (BTC) and altcoins took a…
Alchemy joins Web3 decacorns club following $200M funding
The Web3 development platform’s valuation saw a massive jump of $6.7 billion in just three months since Oct. 2021. Web3 development platform Alchemy announced a fresh round of $200 million…
Will Shiba Inu go up in 2022? SHIB Price Prediction
From its previous bull market top of approximately $0.0000885 in October 2021, the Shiba Inu price has since corrected 80% to around $0.0000175. Then it put in a 100% bounce…
Avalanche correction risk rises after AVAX price soars 80% from January lows
Strong network growth underpins AVAX’s recent price gains, but a multi-month technical pattern continues to pose downside risks for the Avalanche token. Avalanche (AVAX) recovery extended into its third week,…
Trader builds Bitcoin ‘buy the dip’ bot, outperforms DCA
A Redditor has created an automated dip-buying bot that beats dollar-cost averaging into Bitcoin by roughly 10%. While a bullish backdrop emerges in February, spare a thought for the traders…
Polygon stablecoin QiDAO exploited for $13M on Superfluid vested contract
Early information suggested that the stolen funds belonged to some of the early backers of the project and included team vested tokens. Polygon’s native stablecoin protocol QiDAO faced an exploit…
From Morgan Stanley to crypto world: in a conversation with Phemex founder
Running a crypto business is no easy job. And running a crypto exchange might seem like an impossible job to do. Founded in 2019 in Singapore, Phemex has been operating…
Colombia Registers First Real Estate Purchase With Bitcoin
The first real estate purchase with Bitcoin has been registered in Colombia last week. The company, called La Haus, sold one property in Santa Marta to a buyer that was…