Cryptocurrency enthusiasts widely believe that DeFi, or decentralized finance, is the greatest potential use case of blockchain technology. It takes Satoshi Nakamoto’s original idea for a revolutionary new financial system and brings it to the next level on Ethereum (ETH) and other blockchain networks. Decentralized finance is a blockchain-based movement…
Tag: NFT News
NFTs: Revolutionary Digital Asset Collectibles or Passing Cryptocurrency Trend?
Unless you’ve been living under a rock, you’ll know that non-fungible tokens are one of the most polarizing aspects of blockchain technology. NFTs have exploded in recent years, and as the dust begins to settle, one thing is starting to be clear: Love them or hate them, NFTs are here…
Crypto Tax Software: The Easiest Way to Manage Your Tax Reports
Whether you’re a Bitcoin beginner or a crypto trading veteran of many cycles, crypto tax software is the easiest way to handle your tax calculations. Knowing which tax forms to fill out and how to calculate your capital gains on the blockchain can be a nightmare. Fortunately, there are plenty…
New York Enacts Partial 2-Year Ban on Crypto Mining – DailyCoin
Governor Kathy Hochul signed the proof-of-work (PoW) mining moratorium into law on Tuesday, November 22, making New York the first state to restrict PoW mining. The legislative measure, aimed at reducing carbon emissions, sets its sights on the energy-intensive process used to mine Bitcoin and other cryptocurrencies. The newly signed…
Metaverse As A Virtual Land of Opportunities for Business Owners – DailyCoin
Without a doubt, the success and longevity of the metaverse depend not only on the aesthetic features of the newly developed platforms. The skillful implementation of the real-world value that it can bring to both businesses and users worldwide also plays a huge role. In spite of the widespread belief…
Vitalik Buterin Announces Launch of His “Proof-of-Stake” Book Ahead of the Merge – DailyCoin
In anticipation of the Ethereum mainnet merge, Vitalik Buterin, the co-founder of Ethereum, has announced that he will be launching a book based on his writings about the development of the blockchain network over the years. Buterin to Launch a Book On Wednesday, August 31, Vitalik Buterin announced that his…
Watchdogs Points Justin Bieber Along With 19 Celebrities For Shilling NFTs – DailyCoin
Truth in Advertising (TINA.org), a watchdog organization for consumers’s rights, has accused 19 celebrities of endorsing NFTs without declaring their affiliation with the projects. The group claims that celebrities’ social media promotion of non-fungible tokens is a practise that is “rife with deception.” 19 celebrities were targeted TINA.org wrote on…
My Neighbor Alice At TwitchCon 2022: Blockchain Gaming Meets Streaming – DailyCoin
Antler Interactive’s ‘My Neighbor Alice’ marked its presence at ‘TwitchCon 2022’ in Amsterdam. This year’s TwitchCon ran from July 16th to July 17th, and enthusiasts showed up from all over the world. Anastasia Plane, the Marketing Lead for ChromaWay, and Lydia Erchok Ferreira, the Marketing Manager for My Neighbor Alice,…
Crypto Flipsider News – Bitcoin Reclaims $20k; Altcoins Rally; Cardano’s Next Wave; Celsius Repays Debts; 3AC Makes Moves – DailyCoin
Bitcoin Reclaims $20,000 as Fear and Greed Index Jumps, Signifying Bullishness Although Bitcoin (BTC) closed last week below $19k, extending its losing streak, the world’s largest cryptocurrency has quickly regained lost ground, benefiting from a slight rebound in investor sentiment. The Bitcoin Fear and Greed Index—the most popular metric used…