Consensys decentralized Infura launches as EigenLayer AVS
The decentralized Web3 marketplace will leverage EigenLayer’s infrastructure to improve accessibility and reduce development costs.
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$22M of Curve Finance algo stablecoin minted since mainnet launch
Decentralized finance protocol CurveDAO has successfully launched its algorithmic stablecoin crvUSD on the Ethereum network. 326 Total views 8 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) protocol Curve Finance has launched its native algorithmic U.S. dollar-pegged stablecoin, dubbed “crvUSD” on the Ethereum mainnet — minting more than…
India’s Income Tax Department may soon target crypto trades and ecosystem
Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments. 408 Total views 33 Total shares As the Income Tax Department of India reportedly considers taxing crypto traders and crypto exchanges soon, experts believe investors should rest assured.According to ET Now’s report, the tax department, which operates under India’s Ministry of…
A trade war misstep? China is vacating crypto battlefield to US banks
At the same time that China has declared war on cryptocurrencies, giant American banks appear to be embracing crypto — evident the final week of July with the news that crypto firm Lukka will provide State Street Bank’s private fund’s clients with digital and crypto asset fund administration services. This follows forays into the crypto…
Italian Banking Industry Chose Decentralization Over Centralization
In a recent panel, as part of a digital Unitize blockchain conference, ABI chief innovation officer Silvia Attanasio explained why the banking entity chose to go the decentralized blockchain route for Spunta — its blockchain solution built on enterprise blockchain platform Corda. If ABI had gone the decentralized route, the entity would have needed to locate a…
No, a quantum computer won’t instantly reward you with 69,000 Bitcoins … yet
The latest quantum computer may not help unlock lost Bitcoin — at least, not yet. A Bitcoin wallet with nearly $700 million is up for grabs — but anyone intending to be a “crypto thief” and nab it will have to crack the password first.Crypto Twitter user Alon Gal has put out a call to…
BTC price rejected at $50K; ADA bulls take a breather: Cointelegraph’s ‘The Market Report’ is now live
"The Market Report" with Cointelegraph kicked off at 4:00 pm UTC on Thursday. Find out what our analysts think about the BTC bull market and where we could be headed in the short- to medium-term. 2035 Total views 41 Total shares Following an impressive run, the price of Bitcoin (BTC) firmly rejected $50,000 this week,…
New tax rules for crypto in the US: Law Decoded
The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers. 75 Total views 4 Total shares The United States Internal Revenue Service (IRS), which is responsible for tax collection in the United States, has released proposed regulations on the sale and exchange of digital assets…
Fed’s ‘juice’ into crypto has analyst eyeing ‘trimming’ opportunities
The US Fed’s decision to cut interest rates was just “catching up to market expectations,” as an analyst argues a lot of the added “juice” was already priced in the riskier assets.