Ethereum staking soars as investors get ready for upcoming merge
As one of blockchain’s biggest assets, Ethereum is a valuable commodity. But as “the merge” approaches, ETH is becoming even more valuable – especially with the recent surge in ETH staking. The event will have a significant impact not only on ETH investors, but on exchanges as well.
Is Elon’s 9.2% twitter purchase a signal for DeSo (Decentralized Social)?
Is this new blockchain right in targeting Facebook and Twitter? Elon Musk sure seems to think so! DeSo is gunning for centralized data ownership, and social media platforms should be worried!
Biden budget proposal adds new tax rules for crypto
The Biden budget proposal for 2023 includes four new tax rules for digital assets. The proposed changes extend mark-to-market rules to crypto, provide new guidelines for securities lending with digital assets, and combat tax evasion in a couple new ways. The crypto tax rules are estimated to bring in $11 billion in revenue over the next decade. Check out this breakdown of the proposed changes.
Apr 1 weekly crypto news wrap-up: is this a thing?
In this Decentral Crypto News Wrap Up, Neil and Em debate about Ukraine’s NFT museum, Katie Haun’s massive fund, and the fact that the Chinese Communist Party is already in the metaverse.
$625 million worth of crypto stolen from Ronin Network
A recent crypto heist has resulted in the theft of $625 million worth of Ether and USDC from the Ronin Network. Ronin is the blockchain platform behind the popular Axie Infinity game, and this theft is thought to potentially be one of the largest crypto hacks of all time. The Ronin Network has announced it is working with law enforcement officials to investigate the incident and recover the stolen funds.
Messi moves forward with $20 million ambassador deal with Socios.com
Blockchain-based sports platform called Socios, which allows fans to vote for their favorite players and teams using its token cryptocurrency, jumps on the celebrity endorsement bandwagon and pays $20 million to football superstar Lionel Messi.
Mar 25 weekly crypto news wrap-up: is this a thing?
The Decentral Publishing Crypto News Wrap-Up has Neil and Em debating about the future of crypto, Yuga Labs and their latest moves, Decentraland Fashion Week, and more.
Mar 18 weekly crypto news wrap-up: is this a thing?
The Decentral Publishing Weekly Crypto News Wrap-Up has Neil and Em debate crypto’s role in Russia sanctions, Limewire coming back as an NFT marketplace, Yuga Labs, Coinbase One, and more.
Mar 11 Weekly crypto news wrap-up: is this a thing?
The Decentral Publishing Weekly Crypto News Wrap-Up has Neil and Em debate crypto’s role in the Ukraine/Russia conflict, how Biden’s executive order will affect the markets, Drake partnering with the crypto casino Stake, and much more.
President Joe Biden to sign an executive order for crypto regulation
President Biden is taking action to ensure crypto regulation is given the attention it deserves. This executive order will direct federal agencies to further crypto regulation in order to protect investors and prevent fraud. It is a positive step forward for the crypto community and will help to legitimize digital currencies in the eyes of lawmakers and financial institutions.
