Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation’s expenses in 2022.
Related Posts
Decentralized asset management system launches for Arbitrum, Optimism
Valio has launched publicly, allowing investors to back money managers through a decentralized process. 391 Total views 26 Total shares Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these…
Swiss canton of Zug starts accepting tax payments in cryptocurrency
The Swiss canton of Zug is now accepting Bitcoin and Ether for tax payment from local companies and individuals. 751 Total views 5 Total shares The Swiss canton of Zug now allows its residents to pay taxes in cryptocurrencies like Bitcoin (BTC) and Ether (ETH).Bitcoin Suisse, a local crypto broker that enabled the new opportunity…
Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts
What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence's Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and government bonds.The senior commodity strategist, who sees BTC heading to $100,000, pitted derivatives in a new report representing the three safe-haven assets against the performance of the S&P 500 index, finding that…
Huobi gets green light as exchange provider in Australia
Gibraltar-based cryptocurrency exchange Huobi has received the regulatory greenlight to offer its services in Australia. 238 Total views 16 Total shares Crypto exchange Huobi can begin offering cryptocurrency exchange services in Australia after its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC) on Aug. 1. This means…
Top Shot to sell exclusive NFT moments at live basketball games
Three exclusive Top Shot NFTs will be minted to commemorate this weekend’s NBA Summer League games. 299 Total views 346 Total shares NBA Top Shot, the popular pro-basketball NFT collectibles from Dapper Labs, will sell exclusive tokens at NBA Summer League games scheduled in Las Vegas for next week.The tokens will be the first Top…
IMF issues veiled warning against El Salvador’s Bitcoin law
Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials. 1529 Total views 19 Total shares The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.”According to IMF marketing department financial counsellor…
3 things traders are saying about Bitcoin and the state of the bull market
Bitcoin’s (BTC) dip below $29,000 on June 22 rocked the markets a handful of analysts to call for a potential drop below $20,000. Many traders on crypto Twitter were focused on the formation of a death cross on the Bitcoin chart as an omen for another potential drop in the price but analysts with a more…
Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K
Bitcoin’s quick recovery to $34,800 ignited a rally in altcoins, boosting the total crypto market capitalization by $76 billion. 292 Total views 1 Total shares Cryptocurrency traders received a reprieve from bearish market conditions on June 23 as Bitcoin’s (BTC) brief recovery to $34,880 triggered a rally in altcoins and hope that a wider market…