Pepe memecoin flips Uniswap token in market cap, hits all-time high

Polkadot (DOT) is seeing an impressive 180% gain in 2021 so far, surpassing XRP for fourth place by market capitalization. Polkadot is a multi-chain protocol that has several "parachains," similar to Ethereum Shards. DOT works on its proprietary technology called Substrate.The platform is fully interoperable between different blockchains while maintaining the ability to process thousands of transactions per…

As cryptocurrencies and blockchain assets continue to grow in popularity and mainstream adoption, the United States Internal Revenue Service has taken an increasing interest in their taxation. In the U.S., cryptocurrency is subject to crypto tax and is classified as transactions instead of property or assets. Needless to say, failure to accurately track and report these…

IOVLabs believes the missing link is the developer-friendliness, not the type of blockchain. A new enterprise initiative launched by IOVLabs, the company behind the RSK Bitcoin sidechain, seeks to simplify blockchain development for governments and enterprises.The joint venture, called Extrimian, was established with Argentinian software provider Grupo Sabra to create the RSK Enterprise Cloud platform.…

The firm behind a purportedly Estonia-based cryptocurrency exchange DX.Exchange is ceasing operations following a petition filed by employees.CX Technologies, the Israeli company operating DX.Exchange, entered bankruptcy after 78 of its employees filed a petition against the company with an Israeli court, the Times of Israel reported on Nov. 24. The petition specifically alleged that DX.Exchange’s website…

The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents. 280 Total views 3 Total shares People in China have conducted roughly 20,000 transactions through e-commerce company JD.com in a trial of the country’s digital yuan.According to local media outlet Global Times, JD.com reported that…

The crypto community is incredibly financially literate and savvy. Despite everyone calling for crypto adoption and more merchants to accept crypto as payment, most people want to accumulate more crypto, not spend it. Holders think it will be worth more in the future, so why spend it now?Spending Bitcoin (BTC) at Starbucks for a cup…

Three Arrows Capital co-founder Kyle Davies called it a “shadow recovery process” during a July 3 Twitter Spaces. The co-founders of collapsed crypto hedge fund Three Arrows Capital (3AC) have pledged to donate a portion of earnings from their newest crypto venture to creditors who lost money in the fund’s 2022 collapse.In a July 3…

Energy-rich Iceland is “making strides” in crypto, says Gulli Gislason of Viska Digital Assets.

Describing the rush to buy Bitcoin as a “land grab” for institutions, Tuur Demeester sees the cryptocurrency rallying to $50,000-$100,000. 1759 Total views 25 Total shares Bitcoin investor and research analyst Tuur Demeester doesn’t see the coin going below $6,000 after the rewards halving, with a price of at least $50,000 certainly possible in the…