ZenLedger Raises $15M to Expand Crypto Tax Products
ZenLedger, a tax software company, is planning new products that push into institutional markets. Source
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Bitcoin News
Defining Cryptocurrency Regulation Important for the Industry to Grow: Morgan Stanley
According to the bank’s public policy analysts, legislation concerning tech regulation, cryptocurrency, pricing of prescription drugs, tax increases and China competition will have varying chances of passage by the end of 2023, depending on the outcome of the November elections. Source
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As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable
Miners that use hardware in the same category as Bitmain s9s with energy prices over 5 cents are likely to capitulate, Denis Rusinovich, co-founder of CMG Cryptocurrency Mining Group and Maverick Group, told CryptoX. That might entail powering off their machines or selling them. Ethan Vera, chief economist and operating
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'Does Radio Ring a Bell?': How the Metaverse Will Change Society
The metaverse is the latest technological evolution to be scoffed at – but it will change everything. Source
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After Armstrong Tweet, India’s Crypto Policy Body Says No Contempt of Court Challenge vs. RBI
Procedurally, legal sources say a contempt of court challenge is technically best filed by the original petitioner in the Supreme Court, which in this case would be the IAMAI. If it is not the original petitioner, then an individual entity seeking to file a contempt of court is required to
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Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility
Bitcoin (BTC) and other cryptos were mixed on Wednesday. Although, some metaverse tokens such as MANA and SAND outperformed. Analysts expect higher volatility if a breakout or breakdown in BTC occurs. Source
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The New Ways of Making Money in the Metaverse
Some traditional internet business models, like advertising, are likely to persist in the metaverse. However, with blockchain-adjacent technologies such as decentralized identity and zero-knowledge proofs (ZKP), one’s privacy can actually be preserved in the metaverse, if we construct the foundations just right. Nonetheless, leveraging these kinds of privacy and identity
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How to Make It in the Metaverse
In this work of fiction, a woman buys metaverse land because New York City rent is just too high. But virtual worlds exact their own cost of living. Source
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Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar
“A host of companies, including Circle, have leveraged blockchain technology to support trillions of dollars of economic activity with fiat-referenced stablecoins,” the company told the Fed in a letter released Wednesday, meant to respond to the Fed’s invitation to comment on a January report. “The introduction of a CBDC by
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Golf Brand Callaway Joins LinksDAO as Equity Investor, ‘Strategic Partner’
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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