Uniswap launches its own layer-2, Unichain

The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosystem has grown to a $2-trillion industry by market capitalization, new products and offerings have emerged thanks…

The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023. 493 Total views 15 Total shares The United States government’s budget for the 2023 fiscal year included roughly $11 billion in revenue over the next decade from modernizing rules around digital…

IRS Commissioner says crypto gains are taxable in the cannabis industry as the IRS treats cryptocurrencies as property. 122 Total views 15 Total shares The Internal Revenue Service (IRS) continues to propose new tax reforms to regulate the crypto investments in the United States, with the latest notice sharing tax obligations for the marijuana industry.The…

In what is being hailed as a first in America, Ohio’s State Treasurer Josh Mandel has made it possible for businesses to pay taxes using Bitcoin.In the coming weeks, business owners in the state will be able to register and settle their tax liabilities online, with payments to be processes by cryptocurrency payment service provider…

Bitcoin dropped below a key price point after the US Federal Reserve decided to hold rates steady, and tensions flared up in the the Middle East.

Livepeer's $20 million Series B funding round saw participation from large VCs, including Coinbase Ventures, Coinfund, Northzone, 6th Man Ventures and Animal Ventures. This year has been foundational for the success of projects running on the Ethereum blockchain. Sharing the limelight is Livepeer, an Ethereum-based video streaming network that announced raising $20 million in a…

Cointelegraph traveled to El Salvador to investigate whether citizens believe its new Bitcoin Law will be beneficial to the nation's economy. 263 Total views 4 Total shares Last month, Bitcoin was adopted as legal tender in El Salvador, joining the U.S. dollar.The country's new Bitcoin Law, which will be enforced starting Sept. 7, will allow…

The total amount of Ether (ETH) held by all the crypto exchanges fell to its lowest levels, just as its prices rose back above $3,000 per token on Sept. 23.Data collected by CryptoQuant, a blockchain analytics platform, showed that exchanges' net Ethereum token reserves dropped to 18.533 million ETH, compared to 23.92 million ETH a…