Category: Cryptocurrency
House Representative Suzan DelBene, introducing the latest iteration of the bill, said the United States needs to “ensure that our tax code evolves with our use of virtual currency.” 2209 Total views 85 Total shares A bill previously introduced by Washington Representative Suzan DelBene aims to exempt crypto users from paying taxes on transactions under […]
The developer of Super Mario and Pokemon franchises cares more about providing a good experience for its players than winning a console race. 716 Total views 39 Total shares After releasing its latest financial results report, Nintendo held a live Q&A where they reportedly expressed “interest” in the “potential” of the Metaverse when it comes […]
American singer-songwriter John Legend is solidifying his position among the ranks of celebrities flocking to the world of nonfungible tokens (NFTs), helping to launch a new NFT platform for musicians and other entertainers. The platform called OurSong allows artists to tokenize and sell their work, awarding buyers with privileges like access to unreleased music and […]
The Nashville couple’s case against the IRS compared unclaimed and unsold crypto rewards to an unsold book from a writer, and will be rewarded a refund with interest for tax paid. 4715 Total views 100 Total shares A Nashville couple’s lawsuit over taxes they paid on unclaimed and unsold Tezos staking rewards is coming to […]
“Details about the contents and ideas of the Censored collection have not been revealed. However, considering the two partners in crime, it will definitely attract attention,” said DappRadar. 1584 Total views 50 Total shares A collaborative NFT project from belagued Wikileaks founder Julian Assange and pseudonymous digital artist Pak is set to drop next week. […]
Signs of a steady Bitcoin (BTC) price recovery emerged earlier this week as investors shifted away from the United States dollar on weaker-than-expected economic data. In detail, Bitcoin’s drop last week to below $33,000 was met with a healthy buying sentiment that pushed its per-token rate to as high as $39,300 on Feb. 1. As […]
90% of El Salvadorans described their knowledge of Bitcoin as poor or non-existent last year despite BTC becoming legal tender. 89 Total views 2 Total shares Major peer-to-peer (P2P) Bitcoin (BTC) platform Paxful is working to help Salvadorans better use BTC as the cryptocurrency became legal tender in El Salvador last year. Paxful on Wednesday […]
The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the platform. Wormhole is a token bridge that allows users to send and receive crypto between Ethereum, Solana, BSC, Polygon, Avalanche, Oasis, and Terra without the use of a centralized exchange (CEX). This is the […]
The Philadelphia city government is enthusiastic about exploring a partnership with CityCoins to help boost its treasury with cryptocurrency. 487 Total views 7 Total shares Philadelphia is on the cusp of following in the footsteps of Miami, Austin and New York City by partnering with CityCoins to develop a crypto for the city of Brotherly […]
Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims. The Fortescue Metals chairman is accusing Facebook of breaching Australia’s money-laundering laws, claiming that it “knowingly profits from this cycle of illegal ads” that it failed to remove. An initial court hearing […]