DeFi taxation is under review by the United Kingdom’s HM Revenue and Customs (HMRC), as they explore the potential for reforming the tax treatment of lending and borrowing on decentralized finance (DeFi) platforms. The aim is to simplify the process and reduce the administrative burden for taxpayers involved in DeFi transactions. A consultation initiated on […]

The cryptocurrency market has faced its fair share of challenges in recent years, with some coins struggling to maintain their value and reputation. Solana and Safemoon, two popular cryptocurrencies, have recently faced significant challenges that have caused concern among investors. This article will examine the recent challenges faced by these coins, the investor reactions and […]

Tokenization is highlighted as the next significant trend that will shape the world of cryptocurrency, including emerging technologies such as blockchain and Web3, in BlackRock CEO Larry Fink’s annual letter to investors. Rather than focusing solely on the attention-grabbing nature of Bitcoin, Fink urges investors to look beyond the media’s “obsession” with it and explore […]

The USDC stablecoin, which is built on the Ethereum blockchain, has fallen below its $1 peg at an alarming rate, dropping to as low as $0.89 amidst a wider market downturn in cryptocurrencies like Bitcoin. With panic mounting after the collapse of Silicon Valley Bank, a key banking partner in the cryptocurrency industry, the weekend […]

A research project is underway between the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) to investigate the economic advantages and possible use cases for a central bank digital currency (CBDC) in Australia. [mini-contact-form] As part of the project, industry participants have been chosen to showcase potential use cases for a […]

The crypto options exchange, Deribit, with the most substantial trading volumes, is preparing to release bitcoin (BTC) volatility futures. This innovative addition is predicted to offer digital asset investors a more uncomplicated approach to protect their assets against market instability in contrast to the present options. [mini-contact-form] Hedge Against Bitcoin Volatility with Deribit’s DVOL-Based Futures […]

The value of Bitcoin has surged above $24,000, prompting investors to speculate about the possibility of a new bull market. Following the all-time high of Bitcoin in December 2017, the cryptocurrency has been trying to recover its previous position after a major decline. However, recent developments such as corporate investments and institutional adoption have led […]

The overall situation with the crypto currency is sometimes volatile, with historical switch up in between booming and down. Well, the past few months saw crypto – from Bitcoin, USDT to Eth dropping. Yet J.P. Morgan acts on it as a true historical trend they recognize. They capitalize on the low price, investing now because […]

The world of global video gaming is next on the success trajectory of the new NFT money making boom, as creative entrepreneurs all over the world marry old or even other digital concepts with the concept of Blockchain. Unsurprisingly, amid all the news of Bethesda, EA Electronic Arts, Valve and other video gaming studios taking […]