How Bitcoin investors can avoid tax fraud
Bitcoin investors must navigate a complex tax landscape, including understanding taxable vs. non-taxable transactions, key regulations by jurisdiction and ways to stay compliant.
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Bitfinex to compete with DeFi with new borrowing service
Amid a year of significant growth for the decentralized finance space within the crypto industry, Hong Kong-based crypto exchange Bitfinex has unveiled its new lending service today, called Bitfinex Borrow. "Bitfinex Borrow is a borrowing platform," Bitfinex chief technology officer Paolo Ardoino told Cointelegraph. “This particular offering isn’t about lending out your crypto and obtaining a…

Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko
Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into centralized finance projects went the other way — falling 73% to $4.3 billion over the same timeframe. The staggering rise in DeFi funding was despite overall crypto funding figures falling from $31.92 billion in 2021…

Fuse blockchain pledges $10M for ecosystem development
Grants valuing between $5,000 and $25,000 will be allocated to qualifying project teams. 327 Total views 16 Total shares Own this piece of history Collect this article as an NFTOn May 3, layer-1 blockchain Fuse announced that it would pledge $10 million to “reinvigorate the Fuse ecosystem and drive growth in multiple areas.” The program,…

Your crypto is not outside government reach, VC firm partner says
An anti-thesis to some of industry's core concepts. Morgan Housel, partner at venture capital firm Collaborative Fund, said the government actually can control people's digital assets.In a recent podcast episode with Morgan Creek Digital co-founder Anthony Pompliano, Housel mentioned that some arguments in favor of crypto are illogical. "The idea that the government cannot touch your…

Vitalik Buterin calls X’s Community Notes an example of ‘crypto values’
The Ethereum co-founder said the algorithm behind X’s tool to rate content as helpful and provide context was “surprisingly close to satisfying the ideal of credible neutrality.” 90 Total views 5 Total shares Ethereum co-founder Vitalik Buterin has offered an analysis of the Community Notes tool from X — formerly Twitter — comparing the feature…

DMI finds CBDCs not targeting cross-border payments, huge potential in Metaverse
The Digital Money Institute’s third annual payments report looks at CBDCs for the first time, as well as other payment methods, through the lens of cross-border payment utility. 373 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTCentral bank digital currency (CBDC) development aims squarely at inclusion, both…

Tom Lee: BTC Is Genuine Safe Haven, Potential New All-Time High by End of 2019
Senior analyst at market strategy and sector research company Fundstrat Global Advisors Tom Lee is confident that Bitcoin (BTC) became a genuine safe haven for investors.When asked directly “whether Bitcoin is a genuine safe haven” during an interview on the Fox Business channel on Aug. 15, Lee confirmed his position:“Yes. You can see it in…
Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s
Cosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer 2 zero-knowledge rollup, after another layer-1 blockchain, Astar, announced similar plans moving from the Polkadot ecosystem to Ethereum. Canto is a permissionless general-purpose blockchain, which is Ethereum Virtual Machine (EVM)-compatible with aims to onboard the traditional financial sector to