Deciding who owns your ‘digital twin’ will make or break the metaverse
Research indicates we’ll need to develop a secure, biometrically verified digital twin in order for the metaverse to work.
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Taxpayers to avoid obligations by sending mining proceeds to IRAs
The IRS has considered crypto mining revenue as part of taxable income since 2014. 140 Total views 252 Total shares North American mining and hosting firm Compass Mining is offering a new tax avoidance method for savvy crypto miners that file in the United States. In a Thursday announcement, Compass Mining said it had partnered with…
The superheated NFTs? A crypto market niche tipped to boom or bust
In a whirlwind seven-day period, which began with Twitter founder Jack Dorsey proving that almost anything can be tokenized — even his old tweets — and culminated on Thursday with a Christie’s art auction that brought a mind-boggling $69.3 million bid for a tokenized Beeple work — fetching more at an auction than pieces by…
Bitwise secures $70M in Series B funding from major Wall Street investors
Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million. 1492 Total views 1 Total shares Bitwise, a four-year-old crypto asset management firm has closed a Series B funding round, raising $70 million in fresh capital from investors.According to a report by CNBC on Tuesday major Wall Street figures…
Former Facebook engineers at Mysten Labs raise $36M for Web3 infrastructure
“We believe fundamental limitations in existing crypto infrastructure are frustrating broader adoption of Web 3.0,” said Mysten’s team, citing the scalability of existing chains as well as the lack of interoperability of many smart contracts. 660 Total views 17 Total shares Mysten Labs, the research and development firm founded by former engineers from social media…
A US Senate hearing will discuss FTX, New York bans proof-of-work and FTX evaluates its assets: Hodler’s Digest, Nov. 20-26
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Tornado Cash developer Alexey Pertsev to stay detained until next…
Bridgewater Associates CFO heads to Bitcoin-focused firm
The New York Digital Investment Group, or NYDIG, tapped Jon Dalby as its new CFO. 449 Total views 2 Total shares Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG."The NYDIG team and I are extremely…
Bitcoin flatlines again but TON, LINK, MKR, XTZ are poised for up-move
Bitcoin (BTC) tried to break out of its range in the first half of last week but the bulls could not sustain the higher levels. Bitcoin is back inside the range and is trading near the $26,000 level. The price action of the past few days has formed two successive Doji candlestick patterns on the
Cardano (ADA) loses top 10 crypto spot as Tron sees growth
ADA falls from the top 10 list of largest cryptocurrencies as competing blockchains see an uptick in users.