Month: September 2023

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How to Track Crypto Transactions for Tax Purposes in the USA

How to Track Crypto Transactions for Tax Purposes in the USA

Cryptocurrency transactions are subject to tax and must be reported to the Internal Revenue Service (IRS) in the United States. However, many crypto investors and traders may find it challenging to keep track of their crypto activities and calculate their tax...

Binance Encourages Euro to USDT Conversion Amid Paysafe Debank Issue

Binance Encourages Euro to USDT Conversion Amid Paysafe Debank Issue

Cryptocurrency exchange Binance has advised its users to consider converting their euros to USDT (Tether) following the Paysafe debit card debanking issue. Paysafe, a payment solutions provider, is reportedly discontinuing its debit card services related to crypto...

Binance Completes Full Exit from Russia with CommEX Sale

Binance Completes Full Exit from Russia with CommEX Sale

Cryptocurrency exchange Binance has announced its complete departure from the Russian market by selling its Russian business to a newly established crypto exchange known as CommEX. While the financial terms of the transaction remain undisclosed, this marks Binance's...

What Is MetaPay and How Does It Work?

What Is MetaPay and How Does It Work?

MetaPay is a payment system that operates within a virtual world called the Metaxion universe. To use MetaPay, customers need to have a special token called MPay. This system allows people to make transactions and investments within the Metaverse. Previously, people...

What Are Handshake (HNS) Domains?

What Are Handshake (HNS) Domains?

The internet has become an integral part of our lives, and domain names play a crucial role in establishing an online presence. Traditionally, domain names have been governed by centralized authorities, but a new paradigm is emerging with the advent of Handshake (HNS)...

Binance Restores Services in Belgium Following Regulatory Hiatus

Binance Restores Services in Belgium Following Regulatory Hiatus

Binance, one of the prominent names in the cryptocurrency exchange sphere, has taken a significant step by reopening its exchange services to the crypto community in Belgium. This move comes after a hiatus of approximately three months during which Binance was...

Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’

Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’

Google Cloud's BigQuery service has expanded its offerings by adding 11 new blockchain networks to its data warehouse. These networks include Avalanche, Arbitrum, Cronos, Ethereum’s Görli testnet, Fantom, Near, Optimism, Polkadot, Polygon’s mainnet, Polygon’s Mumbai...

Telegram Crypto Wallet Guide: How to Create a TON Wallet?

Telegram Crypto Wallet Guide: How to Create a TON Wallet?

More and more developers, companies, and entrepreneurs are joining the crypto industry to introduce fresh ideas to the market. Telegram, a cloud-based instant messaging service, is one such company. They have launched their own cryptocurrency project called Toncoin....

Grayscale Files Official Application for New Ether Futures ETF

Grayscale Files Official Application for New Ether Futures ETF

Digital currency investment firm Grayscale has formally submitted an application to the Securities and Exchange Commission (SEC) for the creation of a new Ether (ETH) futures exchange-traded fund (ETF). The proposal outlines the intention to list and trade shares of...

How to Mine Cryptocurrency Using Your Mobile Device?

How to Mine Cryptocurrency Using Your Mobile Device?

Cryptocurrency mining has gained significant popularity in recent years, but the idea of mining using a mobile device might seem unusual. While it's true that mobile devices have limitations in terms of processing power and battery life, mining on smartphones and...

Ethereum welcomes two new layer 2s powered by zero-knowledge proofs

Ethereum welcomes two new layer 2s powered by zero-knowledge proofs

Two layer-1 blockchains, Canto and Astar, have decided to switch from their original ecosystems, Cosmos and Polkadot, to Ethereum in the past week. They will become layer 2 solutions that use zero-knowledge proofs to enhance scalability and privacy. Canto is a...

What Is a Cryptocurrency Whitepaper?

What Is a Cryptocurrency Whitepaper?

Cryptocurrencies have revolutionized the way people conduct transactions, invest, and store value. Bitcoin, the first cryptocurrency, was created in 2009, and since then, thousands of other cryptocurrencies have been developed. Each cryptocurrency has its unique...

U.S. Congress moves to block Fed from issuing digital dollar

U.S. Congress moves to block Fed from issuing digital dollar

The U.S. House Financial Services Committee is advancing two bills that would block the creation of a digital dollar by the Federal Reserve. The Committee's chairman, Patrick McHenry, announced that the bills will be discussed and amended on Sep. 20. The bills are...

What Are ERC-20 Tokens on the Ethereum Network?

What Are ERC-20 Tokens on the Ethereum Network?

Cryptocurrencies have revolutionized the way we think about money and financial transactions. While Bitcoin is the most well-known cryptocurrency, Ethereum has also gained significant popularity in the last few years. One of the key features of Ethereum is the ability...

Best Crypto Whale Tracker to Monitor Market Trends

Best Crypto Whale Tracker to Monitor Market Trends

Crypto whales are individuals or entities that own large amounts of cryptocurrencies, such as Bitcoin, Ethereum, Tether, etc. They have the power to influence market movements and trends by making large transactions or trades. Crypto whale tracking tools are tools...

Who Are Crypto Whales and How Can They Impact the Market?

Who Are Crypto Whales and How Can They Impact the Market?

In the world of cryptocurrency, a “whale” is a term used to describe an individual or entity who holds a significant amount of cryptocurrency. These whales are often associated with significant market movements, making them of great interest to both investors and...

Ripple has a chance to fix its closed system after legal victory

Ripple has a chance to fix its closed system after legal victory

Ripple Labs created its XRP token on a centralized system. But with legal action against Ripple nearing an end, it could move toward a more open platform. Eric Chen 1 minute ago Ripple had a chance to fix its closed system after a legal victory Ripple Labs designed...

How to Play & Earn Money from Galaxy Fight Club

How to Play & Earn Money from Galaxy Fight Club

Galaxy Fight Club is a blockchain-based game that allows you to bring your NFT avatars from different collections and brands to fight against each other in a cross-platform, cross-IP PvP MOBA game. It is a play-to-earn game that allows you to earn rewards in the form...

NBA Top Shot: A Fan Token Platform for Basketball Fans

NBA Top Shot: A Fan Token Platform for Basketball Fans

Are you a basketball fan looking to own a piece of the action? NBA Top Shot is a revolutionary marketplace where enthusiasts can buy, sell, and trade digital collectibles in the form of video clips called 'Moments.' As an officially licensed product of the National...

Crypto Inheritance: What Happens to Your Crypto When You Die?

Crypto Inheritance: What Happens to Your Crypto When You Die?

Imagine someone you know becomes wealthy from cryptocurrency and then passes away. While you are grieving, you may also wonder what will happen to their assets. If they have left you any, you might be unsure about how to access them. As the cryptocurrency industry...

Types Of Blockchain Consensus Mechanisms

Types Of Blockchain Consensus Mechanisms

The validation of transactions is a crucial aspect of blockchain networks, facilitated by consensus mechanisms. The absence of transaction validation would render a blockchain merely a distributed database, incapable of guaranteeing the security and accuracy of the...

Can CyberConnect and CYBER Revolutionize the Future of Social Media?

Can CyberConnect and CYBER Revolutionize the Future of Social Media?

Social media has become an integral part of our lives, as it allows us to communicate, share, and connect with others across the world. However, social media also has its drawbacks, such as privacy breaches, censorship, manipulation, and addiction. Therefore, many...

What Is Web5 and How Is It Different From Web3?

What Is Web5 and How Is It Different From Web3?

The internet has gone through several stages of evolution since its inception. From the early days of static web pages and simple hypertext links to the emergence of dynamic web applications and social media platforms, to the current trend of decentralized web...

What Is Zion, the Web5 Social Network App?

What Is Zion, the Web5 Social Network App?

Social media has become an integral part of our lives, connecting us with people, ideas, and content across the globe. However, most of the popular social media platforms are centralized, meaning that they are controlled by a single entity that has the power to...

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