The Biden administration seeks to terminate the tax-loss harvesting strategy for crypto investors which would help the White House save $31 billion over a ten year period.
The new web3 discovery surface will afford users the opportunity of exploring the best decentralized applications (dApps) available on Web3.
Just like the name, the Siren Collection featured the firm’s iconic brand Siren and they were priced at $100 each.
The office of the NYAG recently filed a lawsuit against crypto exchange KuCoin for “disregarding our laws and putting investors at risk.”
Thanks to AI technology, its Clyde bot can now answer questions and even have extended conversations with users. Besides, it allows users to start a thread for a group of people. The bot can also recommend playlists, and access GIFs and emojis like any Discord user.
Along with the Silvergate contagion, the negative sentiment on Wall Street has contributed further to a steep correction in the crypto market.
The firm said it is advancing to the second phase because of the satisfactory results it got from the first phase of trials.
Tech powerhouse Amazon plans to launch NFTs granting ownership of physical goods to improve customer experience and draw more shoppers.
Mirror, a platform designed as a mainstream publishing outfit for Web3.0 innovators has launched its latest product dubbed “Subscribe to Mint.”
The parent company of Gate.io has partnered with electronic payment facilitator Visa to introduce a crypto card to users in Europe.
After months of waiting and the most recent hope that repayment will start trickling in for MtGox creditors, the wait is now billed to be elongated by approximately one month.
The proposed NUSD stablecoin won’t depend on any USD reserves. Instead, it will solely depend on derivatives exchanges that list liquid inverse perpetual swaps, Hayes said.
The proposed Biden budget plan would close the current harvesting loophole on crypto tax losses, reducing wash sales trading.
US senators Kirsten Gillibrand and Cynthia Lummis will release a new draft of the bipartisan crypto bill in April.
Behnam said that most fiat-backed stablecoins don’t operate with the intention of profit and thus shall be treated as securities.