Cryptocurrency Analysis and News Portal
Republican Rep. Tom Emmer has called for more precise tax guidelines regarding cryptocurrency earnings, after a report he commissioned from the Law Library of Congress showed a stark disparity between regulatory approaches taken by various tax authorities around the world.The 128-page study examines cryptocurrency tax laws in 31 nations, paying
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Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Ethereum – the two largest cryptocurrencies by market capitalization – Ethereum has plans to migrate to proof-of-stake to
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Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Ethereum – the two largest cryptocurrencies by market capitalization – Ethereum has plans to migrate to proof-of-stake to
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In just a single year, staking has gone from an academic exercise to a dominant force in crypto. The biggest staking story of 2020 is, of course, the launch of Ethereum 2.0. But beyond that, the past year has seen a tremendous flowering of proof-of-stake (PoS) networks. Four of the top
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Swisscom Blockchain, a distributed ledger technology startup owned by telco giant Swisscom, has been awarded a grant from the Web3 Foundation to build a cloud-based protection layer for stakers on the Polkadot network. Announced Thursday, the grant will help build Swisscom Blockchain’s Kubernetes Operator for Polkadot, a way of protecting participants
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Liquidity mining is coming to proof-of-stake (PoS) blockchains. Anchor, the new decentralized finance (DeFi) platform from Terra, Cosmos, Web3 Foundation and Solana, is being designed to launch with a governance-token reward. Version 1 is going live in October, according to a Terra co-founder. Anchor is a two-pronged platform for PoS token holders.
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The Hashing It Out podcast recently hosted Ethereum co-founder, Vitalik Buterin. During the show, he explained how he would handle Ethereum’s creation differently if he were building it now. Buterin acknowledged the presence of a number of changes, both large and small, such as putting more thought into gas costs for
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[sociallocker id="55298"] The price of Cardano (ADA) has increased 60% in the week following Cardano co-founder Charles Hoskinson revealing the roadmap for the Shelley upgrade in a YouTube podcast with Lark Davis, aka Cryptolark. Shelley will see the network upgraded from a centralized network to a distributed one through the Shelley
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Cryptocurrency mining company Hive Blockchain Technologies announced a two-phase plan to expand its Ether (ETH) mining operations at the company’s flagship GPU-based facility in Sweden by more than 20%.In a press release, Hive describes the current moment as “an opportune time” to expand its ETH mining capacity. Hive’s Swedish
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The Steem blockchain reportedly experienced a troubling episode recently, whereby the blockchain’s entire governance system was disturbed. Tron founder Justin Sun, new owner of the Steemit social network based on the Steem token, appears to have successfully executed a takeover of Steem by leveraging not only tokens directly controlled,
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