Magic Labs, Polygon launch crosschain smart wallet for AggLayer

"There are many reasons why the price of Bitcoin can rise or fall, but S2F is not one of them”, contends report author. 1064 Total views 13 Total shares A report authored by the research team of ByteTree purports to debunk one of the most popular Bitcoin (BTC) valuation models — Stock-to-Flow. The model provides…

Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the issuance of Yen and other foreign currency-denominated stablecoins in Japan. Crypto exchange Binance is teaming up with Japan’s largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), to explore the issuance of stablecoins in Japan.On Sept. 25, Binance Japan announced a joint

At 28%, this weekend's BTC price action was decidedly average compared to the cryptocurrency's run-up to 2017 all-time highs. 1071 Total views 6 Total shares Bitcoin (BTC) may have dipped 28% in recent days but analysts have already put the scale of the losses firmly in context. As noted on Jan.12 by Nathaniel Whittemore, host of…

Several of the more crypto-forward members of Congress have asked the IRS to sharpen up its guidance on taxing staking rewards. On Aug. 4, four U.S. congressional representatives wrote to the Internal Revenue Service (IRS) asking the tax authority not to overtax rewards from Proof-of-Stake blockchains. Explaining the difference in energy consumption between PoS and Proof-of-Work…

Despite a bearish backdrop for the overall crypto industry, the stablecoin supply has hit a total of $180 billion, surging by $9.5 billion over the past 30 days. 285 Total views 2 Total shares Move aside Bitcoin (BTC), stablecoins are holding the spotlight. Crypto research outlets Arcane Research and CryptoRank confirm that the stablecoin supply…

Bitcoin (BTC) starts a new week above $30,000 but heading nowhere as the multi-month trading range refuses to shift.BTC price action is giving traders little more than a frustrating sense of deja vu — and they are now wondering what it could take to change the trend.It may in fact be more accurate to say…

There is an old saying in China: “Building the road is the first step to becoming rich.” Asian countries use infrastructure to boost the economy, and China is probably the most aggressive one — its annual average infrastructure spending is one of the highest at 8.3% of its gross domestic product from 2010 to 2015,…

The milestone was accomplished less than one month after a much-anticipated airdrop. 458 Total views 28 Total shares Own this piece of history Collect this article as an NFTAccording to statistics compiled by user @Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million…

Ditto Music will launch Bluebox, a blockchain recording technology that could be a boon to musicians and distributors alike. What it’s all aboutThe problem, says Ditto Music CEO Lee Parsons, is that misplaced metadata can end up eating away at the bottom line. Recently Ditto made a royalty payment of 60,000 pounds sterling ($80,000) to the wrong…