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Web 3’s Use of AI Will Present Challenges, but They Are Not Insurmountable
14.3.2022
Software trends, including cloud computing, networking and cyber security are being reimagined with machine learning as a first-class citizen
Tax expert says buying crypto is not a taxable event
14.3.2022
Purchasing crypto with fiat or any “unrealized appreciation” are not taxable events according to Thomas Shea, an EY crypto tax executive
Warren Spector Thinks NFTs are 'Ridiculous' And Not A Good Idea
13.3.2022
Remember NFTs? Y’know, those weird digital receipts vaguely attached to terrible-looking images of monkeys and apes that people have spent millions of dollars on over the last year or so. Well, while it seems many have moved on, Warren Spector is here to remind us all that they are still very...
Stripe Brings Back Crypto Support After 4 Years — Says ‘Crypto Is Going Mainstream’
12.3.2022
Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, “Our optimism for the future of crypto was not unfounded … Crypto is going mainstream.” Stripe Brings Back Crypto Support Payment giant Stripe...
CBDCs will not impact private stablecoin market, says Tether CTO
10.3.2022
Tether CTO Paolo Ardoino claimed CBDCs would primarily replace the old-age payment systems and utilize private blockchain as a modern and cost-controlled tech infrastructure
Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March
9.3.2022
The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work...
Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide
9.3.2022
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, trafficking of people, money laundering, and many other things.” Pakistani...
Charles Hoskinson under fire for… not dropping out of a PhD program?
9.3.2022
“The schools say he didn’t graduate from undergrad. Also, he has said multiple times, including in our interview, that he dropped out from a PhD program,” claimed crypto-journalist Laura Shin
Goldman Sachs’ Blankfein Asks Why Crypto Isn’t Having a Moment Despite Inflating US Dollar, Freeze Orders
9.3.2022
A Goldman Sachs senior chairman has asked why crypto is not having a moment despite “the inflating U.S. dollar” and governments demonstrating that they can and will freeze accounts under certain circumstances. “Not seeing it in the price, so far,” he said. Goldman...
FinCEN Issues ‘Red Flags’ on Potential Sanctions Evasion Using Cryptocurrency
9.3.2022
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags. However, the bureau admitted that it has not seen “widespread evasion” of its sanctions using cryptocurrency. FinCEN Warns...
Sony’s Next State Of Play Could Show Final Fantasy XVI, Maybe, Probably Not
8.3.2022
Sony’s next State of Play livestream showcasing games for the PlayStation 5 will take place Wednesday, March 9, the company announced today. It didn’t say what will be shown, but Sony did tease new reveals and updates from “beloved Japanese publishers.” Are we finally getting a release date...
Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer
8.3.2022
Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well, hitting values not seen...
South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges
8.3.2022
Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. Rather, the warnings have been made because the exchanges are not registered to offer...
Renowned Investor Jim Rogers Sees the End of the US Dollar — Says ‘Washington Does Not Play Fair Anymore’
8.3.2022
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says that “what is happening with the U.S. dollar now is the end of the U.S. dollar.” He explained that “an international currency is supposed to be neutral but in Washington...
In-depth: Yacht Club gets transparent with sales numbers
7.3.2022
The developer, not the place for mooring your vessels
Technical Analysis: WAVES Almost 20% Higher to Start the Week, as FLOW Also Rises
7.3.2022
WAVES was once again trading higher, as cryptocurrency markets marginally climbed to start the week. Although the weekend’s red wave has not fully faded, FLOW was also able to move higher on Monday. WAVES WAVES rose for a second consecutive session to start the week, breaking out of...
Epic Games and Activision Blizzard Will Not Be Sold in Russia
7.3.2022
The invasion of Russia on Ukraine is taking a toll on Ukrainians. Call it a work of Karma, but Russia is also facing several issues due to war. Apart from a dent in its economy and currency, Russia’s video game market is facing a crisis of its own. Activision Blizzard and Epic Games have joined...
Report: Official Says Switzerland May ‘Target’ Crypto Assets Belonging to Sanctioned Russians
7.3.2022
Neutral Switzerland may target crypto assets within its territory that belong to sanctioned Russian entities, a report has said. The report quotes an official who explains that the move is designed to protect the integrity of the country’s cryptocurrency industry. The official, however...
Binance, Coinbase Explain Why Cryptocurrency Won’t Help Russia Evade Sanctions
7.3.2022
The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that cryptocurrency is an effective tool to help Russia evade Western sanctions. CEOs of Binance and Coinbase Say Crypto Not Useful at Evading Sanctions Since Russia began its invasion of Ukraine...
Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets
6.3.2022
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used to circumvent sanctions. The two bodies, however, have said they are not discussing...