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NFT and DeFi enthusiasts worldwide may be wondering why Tomi Heroes have been popping off on OpenSea in recent days. These non-fungible tokens grant access to Tomi’s token presale soon, so the limited-edition sets are in high demand. With 395 Ether (or roughly $1.37m) in traded volume, it is evident
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A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts to close down a big crypto tax
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Democrats in the U.S. House of Representatives have proposed tax initiatives to fund a $3.5 trillion spending package which could potentially affect crypto users. According to a document released by the House Committee on Ways and Means on Monday, the proposal would increase the tax rate on long-term capital gains from
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The play-to-earn model is a new mainstream on the marketplace of blockchain games. Crypto enthusiasts are given ownership over in-game assets. Those who are active enough might make these assets more valuable in terms of the in-game economy. This model is beneficial for both sides of this business – players
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After an abysmal July, the world of DeFi is once again picking up speed – with Cardano ahead of the pack. As the price of Cardano soars to new heights, its widespread community is looking for projects that will accelerate the seismic reorientation of the DeFi industry away from Ethereum. KICK.IO,
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Have you ever experienced situations when you couldn’t find a specialist to do some job for you? If your answer is “yes”, then you know that excellent services may cost a lot due to the lack of good specialists. But such a cost might not be a guarantee of quality. And
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Helium Inc., a provider of decentralized wireless infrastructure, has concluded a $111 million token sale led by some of the biggest venture firms in the blockchain industry. The sale, which centered around Helium’s native token, HNT, was scooped up by several venture capital firms, including Andreessen Horowitz. Alameda Research, Multicoin Capital
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Last week, a similar incident occured when another NFT project, called the Stoner Cats mini-series resultet in users losing $790,000 in failed Ethereum transactions.In a recent NFT drop on the Ethereum Network, hundreds of users lost around 174 ETH while fiercely causing congestion on the Network. The new collections of
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