Cryptocurrency Analysis and News Portal
Lummis, who sits on the Senate Banking committee, wants nothing short of full normalization for digital assets in the U.S., the aide said. Her upcoming bill will propose doing just that with federal rules for stablecoins, consumer protection provisions and updated taxation guidance, as well as a new watchdog: a
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Other promising projects also made appearances. Feiyu, a social media platform built around meme and GIF sharing through NFTs, already had over 1.5 million users before NEAR|CON, so none was needed to confirm creatives were interested. The team from Reality Chain announced its plans to offer an entire metaverse landscape
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Animoca-owned metaverse The Sandbox is heralding the arrival of the suits: in this instance, consulting firm PwC Hong Kong.The Sandbox team said Thursday that the business consultancy bought some LAND, virtual real estate represented as a non-fungible token (NFT). A PwC Hong Kong representative wouldn’t specify which plot it bought
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Adam White, the president of cryptocurrency firm Bakkt, is leaving the company he helped build from scratch as a founding executive.White spent the last three years at Bakkt, a company that launched in 2018 with the ambitious aim of making institutional crypto adoption a reality before pivoting to a suite
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CoinDesk’s annual “Most Influential” list recognizes the extraordinary people who defined the year in crypto. And to do their stories justice, we illustrate them with a range of striking original portraits.Each December we pick the subjects of these profiles through a reader survey and editorial deliberations, hoping to represent the
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Burning BNB, which involves sending tokens to an inaccessible wallet, effectively removes them from circulation forever. It was initially introduced as a mechanism to accrue value and grow Binance. But as the broader crypto market grew and Binance Smart Chain was launched, BNB found uses beyond simply being an exchange
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Even if you suffered losses on your crypto investments this year, there’s still some good news. The IRS allows investors to claim deductions on cryptocurrency losses that can lessen tax liabilities or even result in a tax refund. There are also investment strategies you can use throughout the year to
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The contretemps highlights important questions about what a truly decentralized internet would really look like, and what role different stakeholders have in building it. Dorsey, a longtime Bitcoin aficionado, appears to have aligned himself with the so-called maximalists, a camp highly suspicious of any rival to the original cryptocurrency and
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Hello, Market Wrap readers! During the final two weeks of 2021, we’re using this space to recap the year’s most dramatic moments in cryptocurrency markets – and highlight the key lessons from this fast-evolving corner of global finance. Over a series of eight posts starting on Dec. 20 and running
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Popular decentralized exchange Uniswap and Ethereum scaling solution Polygon announced that all Uniswap V3 contracts are officially deployed to the Polygon mainnet on Wednesday, a few days after UNI holders voted to pass a governance proposal to do so.Amid the latest development, prices of MATIC and UNI were both in
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