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“# Ethereum creator donates 100 Ether and Maker to Indian COVID-19 relief ” Ethereum creator Vitalik Buterin has contributed 100 Ether (ETH) and 100 Maker (MKR) tokens to a COVID-19 relief fund, as the country finds itself embroiled in the virus’ second wave. Buterin contributed to a “crypto-COVID” relief fund set up on the cryptocurrency…
“# Ibiza without Ibiza: Virtual Amnesia dancefloor launches on Decentraland ” The coronavirus pandemic has boosted the virtual entertainment industry and provided an opening for blockchain-based ventures to tie leisure to the expanding market for nonfungible tokens, or NFTs. On April 26, community-owned metaverse casino Decentral Games and veteran Ibiza club Amnesia announced their…
“# Mercurial on crypto: Will India’s latest stance lead to positive regulation? ” For most of the last decade, India’s stance on cryptocurrencies has been uncertain, to say the least. The current soft ban is hurting the country’s potential every day, but recent reports suggest the country is having second thoughts. In March this year,…
“# ConsenSys to develop private version of Kakao’s Klaytn blockchain ” Ethereum software company ConsenSys has formed a technical partnership with Kakao’s Klaytn blockchain, with a view to developing a private platform for the issuance of a South Korean CBDC. Klaytn is a public blockchain developed by Ground X, a blockchain affiliate of the South Korean…
“# Polygon (MATIC) jumps ahead as the race for Layer-2 adoption picks up ” Recently layer 1 solutions like the Solana (SOL) and Cosmos (ATOM) have grown in prominence thanks to each network’s faster transaction times and lower fees when compared to the Ethereum network. An even greater focus has fallen on layer 2 solutions that…
“# The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining ” Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash into Bitcoin (BTC) in early February. Musk’s Bitcoin purchase startled traditional investors, who…
“# Decentralization is the final frontier for CBDCs ” As central bank digital currencies, or CBDCs, continue to garner mainstream traction across the global financial landscape in recent years, almost all central banks are actively researching the benefits and risks of offering a digital currency to the public. In its most basic sense, a CBDC…
“# DEX volumes continue to surge even as Bitcoin and altcoins correct ” Decentralized finance (DeFi) started 2021 by taking the cryptocurrency sector by storm and helping to kick the bull market cycle into high gear as traders capitalized on ways to easily trade cryptocurrencies and earn high yields on their hodl stacks. Eventually, high…
“# NFTs and US taxes: What you should know ” Seems like we now all have stories starting with, “What I did during the pandemic…” Most begin with cleaning out the closet and, hey, guess what? That’s where my story starts, but I bet you can’t guess where it ends! Let’s start with what I…
“# Eth2 is neutral infrastructure for our financial future ” We are in an unprecedented period of social, political and economic turmoil. As the decentralized financial infrastructure powering billions of dollars of value and building thousands of companies grows, we need to recognize instability around us. The systems, protocols and incentives we create now can…