3 things every NFT investor should know to avoid a tax nightmare
Breaking down what we know (and don’t know) about nonfungible tokens and their current (and possible) taxations. 2021 will be remembered as the year of nonfungible tokens (NFTs). In a…
Indian couple celebrates blockchain wedding with NFT vows, digital priest
Anil Narasipuram, the husband, was initially motivated by blockchain marriages done in other countries. A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other…
Bitcoin stays higher after stocks propel BTC price toward $42K
“Fear” is in the air on crypto markets as the weekend begins with an eerie lack of volatility — or significant Bitcoin price corrections. Bitcoin (BTC) held above $41,000 into…
A DAO Created to Free Julian Assange Has Raised $7.5 Million in Ethereum
A group of cypherpunks recently initiated a decentralized autonomous organization (DAO) in order to try and free the incarcerated Wikileaks founder and activist Julian Assange. So far, the DAO has…
Konami to Keep Selling NFTs to ‘Preserve Content’
Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial results meeting, Konami touched briefly on the subject of NFTs, and…
Belarus Moves to Allow Investment Funds to Acquire Crypto Assets
The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal…
Jack Dorsey on UBI: Bitcoin encourages transparency, long-term thinking
Dorsey’s Start Small initiative has invested over $55 million across the United States and overseas to experiment on universal basic income. Twitter co-founder and Block (previously Square) CEO Jack Dorsey…
DAOs are meant to be completely autonomous and decentralized, but are they?
Are decentralized autonomous organizations really decentralized? Find out why they’re struggling to become fully autonomous. While the organizational structure of a decentralized autonomous organization (DAO) is fundamentally meant to be…
These tokens saw the biggest trading volume pumps last week. How could traders benefit?
Dramatic increases in trading volume can alert crypto investors to price highs that are yet to come. An uptick in trading volume is one of the key components of a…
NFT battles: Nike takes seller of unlicensed NFT sneakers to court
StockX is an online reseller estimated to be worth $3.8 billion, and its NFT sneakers in dispute are still online. Popular sneaker maker Nike has started the “licensed NFT” wars…
Metaverse Real Estate Sales Expected to Reach $1 Billion This Year
Real estate sales in the metaverse are expected to reach a billion dollars this year, according to a metaverse analytics firm. The company expects real estate sales on four major…
US Lawmaker: Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure
U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.” The lawmaker added that he has a “very simple” investing…
Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published…
Gas-free transactions will revolutionize Web3
The next wave of DeFi will see users utilizing L2 chains, interacting freely or at near-zero cost with newer DeFi applications. Scalability is one of the main hindrances within decentralized…
Ted Cruz buys the Bitcoin dip
Texas Senator who talks a big game actually has something to show for it. Rafael ‘Ted’ Cruz, the junior Republican senator from Texas, is putting his money where his mouth…