IRS’s Crypto Data-Collection: A Call for Reform
The cryptocurrency community has been on edge for two years, awaiting the Internal Revenue Service’s (IRS) implementation of the Infrastructure Investment and Jobs Act. This legislation introduced new reporting requirements, potentially setting a de facto ban on cryptocurrency mining and exposing millions of Americans to felony charges. The IRS’s nearly 300-page proposal, while not as […]
U.S. at Crossroads: Stablecoin Leadership at Stake
Stablecoins, the backbone of the crypto economy, have seen transactions involving USD-backed assets reach a staggering $6.87 trillion in 2022, surpassing giants like Mastercard and PayPal. Despite the crypto winter, stablecoin activity has remained resilient, accounting for approximately 40% of all value transacted on blockchain networks. This indicates that stablecoins have found their niche in […]
Fed Warns of Geopolitical Tensions Impacting Global Economy
The Federal Reserve has recently shed light on the profound impacts that escalating geopolitical tensions are having on the global economy. With conflicts intensifying in regions such as the Middle East and Ukraine, there is a growing sense of unease about the potential disruptions to supply chains, production halts, and the amplification of inflation worldwide. […]
Battle Infinity: A New Era of Play-to-Earn Gaming in the Metaverse
Battle Infinity is revolutionizing the gaming world by combining play-to-earn battle games with the immersive experience of a Metaverse, creating a unique and engaging platform for gamers worldwide. The platform’s first game, “Battle Beasts Soccer,” seamlessly integrates with ‘The Battle Arena’ Metaverse, providing players with an unparalleled gaming experience. A Gaming Hub Like No Other […]
Ripple’s Legal Conundrum: A Prolonged Battle Despite Dropped Charges
The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken a surprising turn, leaving the crypto community in a state of uncertainty. Despite the SEC dropping charges against Ripple’s top executives, Brad Garlinghouse and Chris Larsen, the legal skirmish is far from over. The SEC, under the leadership of […]
Formula E: High Voltage – A Play-to-Earn Racing Revolution by Animoca Brands
The world of motorsport gaming is experiencing a paradigm shift, thanks to Animoca Brands’ Formula E: High Voltage. This blockchain racing management game is not just about the thrill of the race; it’s about ownership, strategy, and real-world rewards. Diving into the world of Formula E: High Voltage, players are entrusted with the responsibility of […]
MultiversX and Google Cloud: A Strategic Alliance for Web3 and AI Integration
MultiversX (ELGD), a leading smart contract platform, has joined forces with Google Cloud. This partnership aims to redefine the convergence of artificial intelligence (AI), big data, and the Web3 ecosystem. The collaboration was unveiled during the xDay Conference, a gathering of tech giants, policymakers, and industry thought leaders. Both Beniamin Mincu, CEO of MultiversX, and […]
Solana’s Resilience Amid FTX’s Collapse: A Dual Perspective
The aftermath of FTX’s collapse has left ripples in the cryptocurrency market, with Solana (SOL) emerging as a focal point of discussion. Recent data from Nansen and Kaiko offers contrasting views on Solana’s performance and its future trajectory. Nansen’s Positive Outlook Nansen’s on-chain data analysis indicates that despite the challenges faced by FTX, Solana has […]
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