Facebook’s Diem Is Selling Off Assets; Silvergate Will Continue the Stablecoin
The Facebook-backed Diem cryptocurrency project is winding down and selling off its assets, according to reports from the companies involved....
Year: 2022
PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather...
Crypto donations jumped nearly 16x in 2021, new report says
The average crypto donation size was $10,455, 82x more than an average $128 cash donation. 2021 was not just the...
Bitcoin education center launches in El Salvador to boost adoption
90% of El Salvadorans described their knowledge of Bitcoin as poor or non-existent last year despite BTC becoming legal tender....
Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report
Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A...
LABEL Foundation Looks to Revolutionise the Entertainment Industry in the Era of Web 3.0
PRESS RELEASE. As the first month of 2022 draws to a close, many would agree that NFTs became a brand...
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue....
Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of...
Bitcoin bounces at $36.6K as Meta adds 20% losses to US tech stock rout
A bloodbath for tech stocks, oil and more rattles crypto, with Bitcoin managing to steady without significant casualties.
The US Federal Reserve is making some analysts bullish on Bitcoin again
Recent U.S. economic data could spoil the Fed's hawkish plans for 2022. Signs of a steady Bitcoin (BTC) price recovery...
Top secret Julian Assange and Pak NFT collaboration is wikileaked
“Details about the contents and ideas of the Censored collection have not been revealed. However, considering the two partners in...
Grammy-winner John Legend launches new music and art NFT platform
The CEO of the new NFT platform says that it won’t require users to have a crypto wallet, and will...
Court victory precedent: IRS may not tax staking rewards until sold
The Nashville couple’s case against the IRS compared unclaimed and unsold crypto rewards to an unsold book from a writer,...
‘Philly is ready’ for CityCoins says city council
The Philadelphia city government is enthusiastic about exploring a partnership with CityCoins to help boost its treasury with cryptocurrency. Philadelphia...
Aussie billionaire sues Facebook over crypto scams with AG’s consent
The Aussie businessman said that Facebook’s failure to remove the fraudulent ads featuring him and dozens of other high profile...
