Vitalik Buterin breaks down 2023 Ethereum Foundation spending

In 2021, PleasrDAO acquired “Once Upon A Time in Shaolin,” a one-of-a-kind musical album by Wu-Tang Clan, for $4.75 million.

The Polkadot blockchain platform only launched its mainnet in May, but it is already pushing to become a major competitive force in the sector. In late August, following a DOT token redenomination, Polkadot smashed into the top 10 cryptocurrencies, overtaking established altcoins such as EOS, Litecoin (LTC) and others. Kelvin Koh from Asian crypto fund Spartan…

A new bill draft proposed by the Illinois State legislature adds “virtual currencies” to a list of assets that can be considered abandoned. The bill was first introduced on Feb. 20, and was sent to the House Revenue & Finance Committee on March 12.The draft amends some aspects of Illinois’ Revised Uniform Unclaimed Property Act,…

Square and Twitter CEO Jack Dorsey has said Bitcoin (BTC) will continue to be adopted more widely, but it is still too early to consider it a currency.Make Bitcoin more usable and accessible as a currencyOn Sept. 4, the outspoken Bitcoin advocate told the Australian Financial Review that he is convinced the No. 1 cryptocurrency will continue…

Bitcoin (BTC) fell to $34,300 overnight on Feb. 24 as geopolitical tensions in Europe boiled over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Arguments both ways" for BTC price outlookNews that Russia had launched a "special military operation" in Ukraine sent BTC/USD tumbling along with traditional markets, data from Cointelegraph Markets Pro and TradingView showed.In a move…

The Canada Revenue Agency (CRA), the government’s tax collection service, is reportedly auditing investors in cryptocurrencies like Bitcoin (BTC), Forbes reports on March 6.Citing sources close to the matter, Forbes states that the CRA has sent extensive questionnaires to investors pertaining to their crypto-related activities in recent years. The questionnaires reportedly run 14 pages long…

Binance, one of the world’s foremost cryptocurrency exchanges, now allows deposits in Hong Kong dollars.According to a Feb. 21 announcement, Binance now offers both deposits and withdrawals in Hong Kong dollars without deposit fees. After depositing Hong Kong dollars, users are free to spend them on cryptocurrency.Deposits are enabled through a partnership between Binance and…

The fever-pitch euphoria of nonfungible tokens (NFT) reached its proverbial all-time highs in the hours preceding the calamitous gas wars of the Otherside metaverse land sale. But by most reputable accounts, following almost a year of frantic exponential growth, rife speculation and cultural spotlighting, the market was long overdue a respite. A hiatus from minting drama. It…