The bill would free crypto users of the need to pay capital gains taxes on crypto used in smaller personal transactions.
The post Bill advancing de minimis tax exemption for crypto transactions returns to Congress appeared first on The Block.
Miami has received its first disbursement from the CityCoins project, totaling $5.25 million. More will follow over the year.
The post Miami receives first payout from CityCoins protocol appeared first on The Block.
With the potentially thorny political and regulatory backdrop of legitimizing crypto in law, Lehane has the credentials for the challenge.
The post KRH’s new chief strategist makes case for a ‘new’ New Deal for web3 appeared first on The Block.
Tribal Credit has raised $60 million in an oversubscribed Series B funding round led by the SoftBank Latin America Fund.
The post Tribal Credit raises $60 million in SoftBank-led Series B round appeared first on The Block.
Quick Take
- Bitcoin mining’s financing ecosystem has become much more diverse since the last halving in May 2020 and has grown exponentially in 2021.
- A large part of the money Bitcoin mining firms raised from external investors last year came in the fourth quarter and debt financing saw a notable increase during the period.
- In this piece, we take a look at the current state of Bitcoin mining’s financing.
Wormhole, a cross-chain protocol that suffered a $325 million exploit on Wednesday, has replenished its reserves.
The post Wormhole replenishes its blockchain bridge after $325 million exploit appeared first on The Block.
DEX aggregator 1inch has introduced a new set of liquidity pools called Earn that is optimized for trading stablecoin pairs.
The post 1inch rolls out new liquidity pools optimized for stablecoin swaps appeared first on The Block.
The IOC has teamed up with nWay, a subsidiary of Animoca Brands, to launch a winter sports party game featuring NFTs.
The post International Olympic Committee partners with developer to launch game with NFT prizes appeared first on The Block.
Cryptocurrencies are a volatile asset, arguably more so than many other asset classes. Due to the sentiment driven nature of crypto, they are prone to large price adjustments and consequent spikes on volumes through the exchanges.
The post The Significance of Institutional Grade Infrastructure in Shaping the Future of Cryptocurrency Trading appeared first on The Block.
Video game retailing giant GameStop has partnered with Ethereum Layer 2 network developer Immutable X to launch its own NFT marketplace.
The post GameStop to launch NFT marketplace with Ethereum Layer 2 Immutable X appeared first on The Block.
