Colorado On Track To Be The First US State To Accept Crypto For Paying State Taxes And Fees
Legislators in other states, including Arizona and California, are also introducing bills that could make cryptocurrencies an approved method of payment throughout the state, not just for tax purposes.
Bitcoin Adoption Grows El Salvador's Tourism Industry By 30%
El Salvador now owns 1,801 BTC, worth over $68 million at today's values
Polygon Rewards Whitehat $75,000 For Saving Billions In User Funds
Polygon just addressed a "high severity" vulnerability in the network's Proof-of-Stake mechanism, putting billions of dollars at danger, according to the bug bounty platform Immunefi.
FTX US To Provide Cryptocurrency Services For Gaming Companies
FTX is developing its own gaming division to help accelerate the adoption of crypto, blockchain, and non-fungible tokens (NFTs) among game producers.
European Union Is Open To Cryptocurrency, But With Regulations, Says Home Affairs Commissioner
Speaking at the Munich Security Conference 2022 on Friday, European Union's Commissioner for Home Affairs Ylva Johansson said she is not against cryptocurrency.
USDC Stablecoin Operator Circle's New SPAC Deal Doubles Valuation To $9 Billion
USDC's circulation has more than doubled since the original deal was announced last year, helping double the valuation in the new deal.
Binance Faces Regulatory Scrutiny In Israel, Suspends Services
The Capital Market Authority asked Binance to submit details on the services it provided to Israelis, as well as any licenses under which it operated, a report said.
Mastercard To Hire 500 Professionals To Expand Crypto Consulting
Mastercard Inc announced plans to employ more than 500 young professionals this year as it grows its data and services segment, which will involve the introduction of consultancy practices focusing on cryptocurrencies and open banking.
18 Crypto Firms Join Hands For Anti-Money Laundering Initiative
Coinbase, Gemini, Kraken and other firms and exchanges announced the formation of the Travel Rule Universal Solution Technology, an anti-money laundering solution.
JPMorgan Launches A Virtual Lounge, Says Metaverse A $1 Trillion Market Opportunity
JPMorgan took its first step into the Metaverse on Tuesday, becoming the first bank to open a virtual lounge in the popular blockchain-based realm, Decentraland.
BNB Chain: Binance Merges And Rebrands Binance Smart Chain And Binance Chain
Binance Smart Chain (BSC), the decentralized blockchain ecosystem, announced Tuesday that the Binance Chain and Binance Smart Chain are merging under a new title, BNB Chain, to represent their relationship with the ecosystem's native token, the Binance Coin (BNB).
US Treasury Exempts Crypto Miners From IRS Reporting Rules
The US Treasury hinted in a letter to a group of senators late last week that it intends to exclude crypto miners, stakers, and other market players from laws that would force crypto brokers to share data on their customers' transactions with the Internal Revenue Service.
Rare 'Alien' CryptoPunk Sold For $23.7 Million
Rare CryptoPunk sold in a multi-million dollar sale. Punk #5822 was sold for 8,000 ETH, valuing roughly $23.7 million.
Intel To Foray Into Crypto Mining Market With Energy-Efficient Chips
Intel brings an energy-efficient chip later this year to support Bitcoin mining and minting NFTs. Block Inc, GRIID, and Argoblockchain to be the first customers.
European Commission To Propose Digital Euro Bill Early Next Year
The European Union's finance head said that a proposal to implement a digital euro will be introduced in the European parliament by early 2023.
Terra Locks In $38M Sponsorship Deal With Washington Nationals
The collaboration would promote the Terra brand throughout the franchise, including its home arena and TV networks.
SHIB, LEASH, BONE: Understanding The Tokens In The Shiba Inu Ecosystem
SHIB is the principal currency of ShibaSwap and it has a capped supply of one quadrillion. The second token is LEASH, and the third one is BONE.
Alfa Romeo Introduces NFTs Into Its Latest Hybrid SUV
Alfa Romeo unveiled its latest model, the Tonale, on Tuesday. This appealing new crossover will be available in the United States with various powertrain options, one of which will be the brand's first-ever plug-in hybrid and incorporate NFT and blockchain technology.
AAVE Launches Lens, A Decentralized Social Media Platform, In Challenge To Meta And Twitter
AAVE founder Stani Kulechov announced the debut of the DeFi giant's decentralized social media platform, Lens Protocol, on Monday.