Bank of America CEO mulls entering stablecoin business

Many investments these days seem volatile, but there are few asset classes that have been as volatile as crypto. If you have losses, you might have trouble claiming them, offsetting gains or reducing your income. In fact, asking if you have tax losses or even expecting some sounds like a silly question. How losses are…

This “Crypto City” guide looks at New York City’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses — and there’s even a short history of the controversial regulatory regime required to operate in the city.Fast factsCity: New York Country: United…

The new decade has kicked off with blockchain technology finally being utilized in real case scenarios in the world of sports. Many blockchain proponents are enthusiastic about the wide variety of potential use cases, but real-life working examples are often hard to come by.The potential of the technology to underpin a variety of systems within…

The metaverse has the potential to be the next frontier of human interaction, as evidenced by the amount of activity that continues to pour into the space.It’s not just game developers pushing digital worlds but entire countries are setting up metaverse development funds. Major automotive firms, such as Nissan, are conducting trial sales in the…

Though there was seemingly no evidence connecting them to his crypto policies, Gary Gensler has been subject to violent threats from individuals since at least 2022.

Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators.

Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs. 828 Total views 8 Total shares Despite a 44% decline in Bitcoin (BTC) mining profitability over the last year, some Bitcoin mining companies have continued to build and increase production, according…

Distributed ledger technology (DLT) such as blockchain could generate $1 trillion in new trade over the next ten years, a joint report from the World Economic Forum (WEF) claims Thursday, September 13.The report, ‘Trade Tech – A New Age for Trade and Supply Chain Finance’, published in collaboration with Bain & Company, evaluates DLT prospects…