Swiss city of Lugano to pay taxes in crypto via Tether partnership
The ultimate goal is to accept crypto for payment of all goods and services in the city of Lugano, the city administration said. The city of Lugano, the economic capital…
Terra’s Anchor Protocol erases ‘crypto winter’ losses, ANC price rebounds 300% in a month
ANC price risks becoming overheated, however, after a major rally. Anchor Protocol (ANC), the decentralized finance (DeFi) platform built on the Terra blockchain protocol, rebounded nearly 300% in over a…
Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to…
Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles
On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars.…
Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says
Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive…
Celestials Stellar Club Announces NFT Collection Minting Date March 14 2022
PRESS RELEASE. Looking for an exciting new NFT collection to be a part of? Look no further than Celestials Stellar Club. We are pleased to announce the public mint date…
The Sandbox Metaverse hits 2M users, begins K-Pop partnership
There are 200 quests in which players can complete to earn a chance of getting an Alpha Pass NFT, which will reward the owners up to 1,000 SAND worth roughly…
City-building startup Praxis secures $15M in Series A Funding
“A more vital future” — Praxis is one step closer to building a crypto-powered city utopia, after a funding round from leading crypto VCs. Peter Thiel-backed city-building startup Praxis has…
How are cryptocurrency taxes reported?
Cryptocurrencies and NFTs are viewed differently than other investments by the IRS, making for a complex tax landscape. How can I simplify the tax submission process for myself or my…
Former ENS director of operations may remain at foundation after voting against his own removal
“We can’t let someone who is bigoted about a marginalized community stay the figurehead of a large web3 organization,” said ENS user healingvisions.eth. Many members of the Ethereum Name Service’s…
LUNA flips Ethereum becoming second largest network for staked value
Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value. According to…
New York Bitcoin mining moratorium bill garners more support
The bill to suspend crypto mining for 3 years is gaining steam in New York State, while the state’s environmental agency determines how much mining impacts the environment. A New…
Russian crypto volume across major exchanges plunges by 50%
Despite an increase in economic sanctions on Russia, the amount of crypto being purchased in rubles across major exchanges continues to fall. Data from blockchain-analysis firms show that Russian denominated…
NFT infrastructure startup Rarify raises $10M from Pantera Capital
Rarify’s valuation has shot up to $100 million following the latest funding round, as the firm works to provide scalable NFT APIs for the commercial sector. NFT infrastructure startup Rarify…
Malaysia’s Deputy Finance Minister: Crypto Not Suitable as Means of Payment or Store of Value
Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment or a store of value. While digital assets are not…