Ethereum reclaims 42% outflows from Solana: DeFi Report
The DeFi Report founder, Michael Nadeau, said most of the value that left Ethereum flowed to layer 2s that would continue to drive value to the layer-1 blockchain.
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BRICS: History, objectives and an overview of the global alliance
BRICS is an acronym that represents an alliance of five major emerging economies: Brazil, Russia, India, China and South Africa. Jim O’Neill, an economist at Goldman Sachs, coined the phrase in 2001 to emphasize the combined potential of these countries in the global economy. BRICS is an informal alliance that strives to foster collaboration and communication…

Overstock Subsidiary and Tokenization Firm tZERO Announces New Management
The blockchain-based subsidiary of retail giant Overstock, tZERO, has appointed three new managers. The company announced the new hires in a press release on July 17.According to the announcement, new appointees Brooke Navarro, Michael Mougias and Alexandra Sotiropoulos have been official managers since July 15. TZero states that these new executives are the firms head…

British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money
The United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs (HMRC), has updated its cryptocurrency taxation guidelines for businesses and individuals.On Nov. 1, the U.K. government tax agency, which manages taxes alongside other financial policies, released tax guidance updates that further clarify its stance on how businesses and individuals involved with cryptocurrency…

Romania set to auction Bitcoin and Ether confiscated in criminal case
The winning bidder will need to provide the auction house with a crypto address hosted on a registered, compliant trading platform. The Romanian authorities are set to host their first-ever auction of cryptocurrency, seized from a fraud case. On Oct. 2, the National Agency for the Management of Seized Assets (ANABI) announced its forthcoming auction of…

Theta Network to enable collaborative machine learning with new partnership
Theta Labs co-founder and CEO Mitch Liu highlighted that the partnership unlocks a new use case for Theta’s edge nodes. 205 Total views 2 Total shares Own this piece of history Collect this article as an NFTBlockchain video delivery network Theta Labs has partnered with the artificial intelligence (AI) platform FedML to enable collaborative machine…

4 Reasons Why Bitcoin is The Best Hedge Against Uncertainty
Bitcoin Strategist at Kraken, Pierre Rochard, explains why Bitcoin is the perfect asset against uncertainty despite its high volatility. 1354 Total views 39 Total shares Bitcoin Strategist at Kraken Pierre Rochard believes Bitcoin to be the perfect hedge against uncertainty, despite its high volatility. In an interview with Cointelegraph, Rochard pointed out the dichotomy of uncertainty…

Ripple, Archax debut first tokenized money market fund on XRP Ledger
To kick things off, Ripple’s XRP Ledge will tokenize asset manager asset manager abrdn’s $4.77 billion US dollar Liquidity Fund.

Dogecoin jumps 21% as whales accumulate, Galaxy predicts $1 DOGE
Dogecoin jumps 21% as whales accumulate over 1 billion DOGE, with analysts predicting it could hit $1 in 2025.