Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’
The newly created Department of Government Efficiency will work to cut “waste and fraud” from $6.5 trillion in US government spending.
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A new Cardano-based project is handling oracles a lot differently than Chainlink
Will Cardano rely on its oracles or integrate Chainlink's? 1352 Total views 9 Total shares Cardano (ADA) is getting into data oracles ahead of the Goguen era that will add smart contract functionality, taking a different approach than Chainlink. The first oracles are being built in partnership with EMURGO, one of the companies in the…
Litecoin Foundation to Sponsor UFC Title Fight in Bid to Increase Crypto Adoption
The Litecoin Foundation will sponsor an event of the Ultimate Fighting Championship (UFC) mixed martial arts organization, according to an announcement published Dec. 26.In the statement, the foundation said that it has become the “Official Cryptocurrency Partner” of the UFC light heavyweight title fight between Jon Jones and Alexander Gustafsson. The Litecoin Foundation stated that…
Report: Most firms in Korea’s ‘blockchain city’ don’t know what blockchain is
Is Busan a "blockchain city" in name only? A recent report from the Busan Research Institute has revealed a peculiar trend: 62% of firms in the blockchain sandbox city of Busan, South Korea apparently do not know anything about the technology.Since last year, Busan has been considered a "regulation-free" zone for blockchain development by the…
Bitcoin Cash hits new lows vs. Bitcoin after Tesla snubs ‘fork products’
Controversial Bitcoin (BTC) spin-off Bitcoin Cash (BCH) has hit new all-time lows against its parent after Tesla publicly rejected using it for payments.In a series of tweets on March 24, CEO and "Technoking" Elon Musk confirmed that U.S. customers could now buy a Tesla using BTC — but his company shunned "fork products" such as…
Trader turns $2.2K SOL into $2.26M in 8 hours with new memecoin
The trader, the largest BOME holder, made an over 993-fold gain on his initial investment, spurring insider trading allegations.
Tax expert says buying crypto is not a taxable event
Purchasing crypto with fiat or any “unrealized appreciation” are not taxable events according to Thomas Shea, an EY crypto tax executive. 249 Total views 26 Total shares While many refer to crypto as the “Wild West,” some believe that this may only continue for a little longer.Thomas Shea, crypto tax leader at EY Financial Services,…
Tether to report reserves and pay $18.5M fine after settlement with NYAG
New York regulators are forcing Tether to be fully transparent about its reserves, at the cost of not serving New York residents. 1727 Total views 9 Total shares Bitfinex and Tether settled with the New York Attorney General office in the landmark case against Tether. New York authorities alleged that Tether misrepresented the degree to…
Bitcoin’s market cap will flip gold: Winklevoss twins
The Winklevoss twins have urged attendees of the Singapore Fintech Festival to educate themselves on Bitcoin, predicting BTC’s market cap will flip that of gold. 676 Total views 7 Total shares Speaking during the Singapore Fintech Festival 2020 on Dec. 7, pioneering Bitcoin investors Cameron and Tyler Winklevoss reaffirmed previous forecasts that Bitcoin’s (BTC) price…