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Cryptocurrency Adoption

President Joe Biden To Unveil Budget Proposal To Close Crypto Tax Loophole

Daniel Sharkey | March 11, 2023 | Leave a comment
According to reports, the US president is set to announce a new budget proposal that would effectively close tax loss harvesting on cryptocurrency transactions. President Biden will unveil the proposal on Thursday to close loopholes exploited by wash sales...
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Voyager Sells $56M in Crypto

Daniel Sharkey | March 10, 2023 | Leave a comment
Voyager Digital Ltd., a crypto brokerage firm, had liquidated around fifty-six million dollars’ worth of Shiba Inu, ETH, and other ERC-20 tokens. This report came after the company faced technical issues with its trading platform that resulted in many...
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Binance.US Secures Approval to Acquire Bankrupt Crypto Lender Voyager Digital

Daniel Sharkey | March 9, 2023 | Leave a comment
As part of its expansion plan, Binance.US has received approval from the US Bankruptcy Court to acquire the assets of the now-collapsed Voyager Digital. The deal, reportedly valued at over $1 billion, will allow Binance.US to expand its operations...
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Potential Applications of Crypto in the Future?

Daniel Sharkey | March 9, 2023 | Leave a comment
In recent years, crypto has surfaced as a rapidly advancing technology. However, numerous specialists foresee that this is only the inception of the various ways cryptocurrency can be employed. Although many individuals view cryptocurrency primarily as a means of...
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GameFi on Ignition: Metacade (MCADE) Preorders Collect $9.3M

Daniel Sharkey | March 8, 2023 | Leave a comment
GameFi Initiative Ignites the Scene VeChain and DappRadar Change Game for Cross-Chain Visibility GameFi Initiative Ignites the Scene Five of the six stages of the MCADE token pre-acquisition for Metacade’s GameFi arcade project have been completely sold out, raising...
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Evil and Good Turns Roll Over in the Crypto World

Daniel Sharkey | March 7, 2023 | Leave a comment
Thai Tax Advantages for Businesses Releasing Investment Tokens Marco Polo Files for Bankruptcy Uncovering Binance’s Chats of Deception Thai Tax Advantages for Businesses Releasing Investment Tokens The Thai ministries have approved a plan to exempt businesses that offer digital...
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Kraken Launches its Bank

Daniel Sharkey | March 6, 2023 | Leave a comment
Kraken, a cryptocurrency exchange, is planning to launch a bank in the United States despite the challenging regulatory environment faced by the industry. Kraken’s chief legal officer, Marco Santori, confirmed this during an interview on The Scoop podcast. The...
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Clearing the Air: Upcoming Blockchain-Related Innovations

Daniel Sharkey | March 5, 2023 | Leave a comment
TwelveFold goes under the hammer Former ADA’s Hoskinson responds to centralization allegations Is Ripple working on Private XRP Ledger for CBDC implementation? TwelveFold Goes Under the Hammer The Yuga Labs TwelveFold NFT series auction starts on March 7 at...
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Nubank Introduces its Digital Asset

Daniel Sharkey | March 4, 2023 | Leave a comment
Warren Buffet-backed Nubank has reported its asset known as Nucoin. On top of the Polygon protocol, the currency will be issued to institution users, with eighty percent of the total distribution directed to the end users. According to reports...
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Revolutionizing Customer Identification Through Blockchain Technology

Daniel Sharkey | March 3, 2023 | Leave a comment
A New Boost for Pakistan’s Banks Association on the Blockchain Front RBI’s CBDC Achievement A New Boost for Pakistan’s Banks Association on the Blockchain Front Regarding overall banking institutions, the Avanza Group and Pakistan Banks Association (PBA) have agreed...
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