Boa, a new Uniswap token created by the well-known pseudonymous Ether whale Bill Drummond, briefly hit $100,000. On Aug. 25, the creator of the well-known Uniswap tokens Antiample (XAMP) and Tokens of Babel (TOB) launched Boa. The Ether whale’s projects have seen growing interest within the niche Uniswap market. A common theme among the projects […]
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The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact. The nation of Qatar is a World Bank “high-income economy,” backed by the world’s third-largest natural gas and oil reserves. It has the third-highest GDP per capita in the world (by purchasing power parity), […]
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Cryptocurrencies and politics are intertwined. Here’s what the top politicians in the U.S. elections think about cryptocurrencies. In the cryptocurrency and blockchain sphere, it’s difficult to do away with politicians and vice versa. With the presidential election in the United States slated for later this year, interested parties are doing all they can to sell […]
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The crypto market as a whole has made tremendous strides monetarily, even though Bitcoin’s price has so far failed to meet the lofty expectations. As whispers of Bitcoin’s (BTC) promised financial breakthrough failing to materialize over the last few months have continued to garner steam, the price of the premier crypto asset recently surged above […]
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Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency. On Aug. 19, the IRS released drafts of its income tax forms for 2020, which will ask every American filing income for the year whether or not they used […]
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Cointelegraph examines the basis of Congress calling out the IRS for threatening to tax proof-of-stake rewards beyond their actual value. While being a relatively young correction to energy-intensive proof-of-work (PoW) network validation, proof-of-stake has existed in theory since 2012. However, rising market cap of PoS tokens like Cardano (ADA) and Tezos (XTZ) over the past […]
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For the East and West, the paths to blockchain and cryptocurrency adoption are not the same and both have their own challenges. Ethereum recently turned five years old, and coincidentally, it also appears to have reached an inflection point for user adoption. In the second quarter of 2020, daily active Ethereum users nearly doubled to […]
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Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability. With the coronavirus pandemic continuing to wreak economic havoc all over the world, China’s commitment to releasing its much-hyped digital yuan project — referred to as the Digital Currency Electronic Payment, or DCEP — […]
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A different kind of scam. A former Florida tax collector was found to have used public funds to set up a blockchain company. In a report from the Orlando Sentinel, former Seminole County tax collector Joel Greenberg billed the Tax Collector’s Office $65,860 to buy computer servers for a company he was setting up called […]
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Why is blockchain reference data important? How can it help save on taxes? Lukka co-CEO Robert Materazzi explains. On July 30th, over thirty of crypto’s top minds gathered for the largest single-day livestream trading event of its kind. Nine star-studded panels included mainstream trading expert Jon Najarian, macro investors Mike Novogratz and Raoul Pal, and […]
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