Is government oversight non-negotiable for the future of crypto?

The HMRC is asking for input from investors, professionals and organizations involved in DeFi-related activities. 764 Total views 10 Total shares The government of the United Kingdom is asking the public for input on the taxation of crypto asset loans and staking in the context of decentralized finance (DeFi).DeFi is an umbrella term that refers…

The firm, whose data centers are located in the United States, generated $40 million in sales last year. 322 Total views 5 Total shares On Monday, W3BCloud, a firm building global data centers for the Web3 and blockchain sectors, announced that it was going public via a takeover by special purpose acquisition vehicle (SPAC) Social…

Just as we don’t allow just anyone to build a plane and fly passengers around, or design and release medicines, why should we allow AI models to be released into the wild without proper testing and licensing?  That’s been the argument from an increasing number of experts and politicians in recent weeks. With the United Kingdom holding…

South Korean cryptocurrency exchange Bithumb had a net loss of 205 billion won ($180 million) in 2018 due to the Bitcoin (BTC) bear market, local English-language daily news outlet Korea Times reported on April 11.Citing data from the exchange’s operator, BTCKorea.com, the publication revealed Bithumb, South Korea’s largest exchange, endured the extensive losses despite sales…

Bitcoin (BTC) was the top choice of famous analyst PlanB thanks to its scarcity and zero likelihood of negative interest rates.In a series of tweets on July 7, the creator of Bitcoin’s stock-to-flow price model explained what drove him to buy the cryptocurrency.PlanB: “Most people are asleep” on BTCPlanB has become well known as an…

Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative Web3 opportunities for a panoply of industries. Despite a retracement in financial and emotional fortunes in the opening quarter of 2022, expectations within the…

Jonathan Victor noted that storing data off-chain doesn't mean it's centralized. It's still decentralized when it's done thoughtfully. 205 Total views 6 Total shares As nonfungible tokens (NFTs) are advertised as blockchain-based technologies, there are misconceptions on how they are stored according to two experts. They argued that technically, these tokens do not exist in the blockchain…

Tron founder and CEO, Justin Sun, says he’ll reschedule his charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett “very soon.” The CEO announced the news during a live stream on Tuesday, Sept. 24.An open invitation to the leader of the free worldAs reported, Sun had won a charity auction on eBay in June to…

There is no bear market for the builders of the Bitcoin network as more and more Bitcoin miners are joining the network, driving up the difficulty. 91 Total views 3 Total shares