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Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600
10.6.2022
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through...
Orderly Network Raises $20M for DeFi Infrastructure on Near Protocol
9.6.2022
The decentralized exchange offers trading infrastructure for permissionless spot assets and their futures
Stellar Public Network Upgrades to Protocol 19 Successfully
9.6.2022
The Stellar Public Network has been upgraded to Protocol 19 as of June 08, 2022, at 15:00 UTC. The upgrade introduces new transaction preconditions and a new type of signer. Several changes adopted during the upgrade will make building payment channels, key recovery solutions, and bridges to other...
Anchorage Spearheads Crypto Custody Exchange Network to Enhance Trading, Liquidity
9.6.2022
Anchorage and crypto companies including Binance.US created an exchange network for institutional investors
DeFi contagion? Analysts warn of 'Staked Ether' de-pegging from Ethereum by 50%
9.6.2022
Liquid staking firms could default on their Ether obligations if "the Merge" does not happen
Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network
8.6.2022
Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology....
Binance to Support the Stellar Lumens During XLM Network Upgradation
8.6.2022
Binance has announced to support the network upgradation of XLM by the Stellar Lumens. The process is tentatively scheduled to happen on June 08, 2022, at 15:00 UTC. While users will be unable to deposit and/or withdraw their holdings on June 08, 2022, at 14:00 UTC, the network upgrade will...
SpartaCats Troll DOGE With Billboard Near SpaceX Office
8.6.2022
PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard advertisement in Hawthorne, California, near the headquarters of Tesla and SpaceX. In the ad, you can see an image of cats taking off in a rocket, leaving behind...
Halo Infinite Finally Gets Co-Op Next Month, But As A Beta
8.6.2022
Halo Infinite will finally get some form of co-op for its campaign, 343 Industries announced today. It’ll be playable as one of those basically-just-a-beta “technical flights,” the same method the studio used last summer to get players into the first-person shooter’s initial multiplayer...
Eric Ma, Deeper Network: 'Web 2 Is on Its Way Out, and Web 3 Is the Answer'
7.6.2022
Deeper Network, a finalist in the Consensus Pitch Fest, wants to make internet surfing safer, more secure and more private
Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop
7.6.2022
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at...
Blockchain Network Cronos Launches Accelerator Program to Support DeFI, Gamefi Startups
7.6.2022
Cronos is inviting developers to apply for its 10-week startup program, which includes funding and mentorship opportunities for early-stage projects
Astar Network Offers Support to Builders Via AWS Activate
7.6.2022
Astar Network has introduced AWS Activate by Amazon Web Services to extend support to the startups registered for the incubation program. The integration has been organized to further the development, growth, and adoption of the Polkadot ecosystem. Engineers and mentors would be available for...
Lightning Network Startup Mash Raises $6M Seed Round
7.6.2022
The money will go toward advancing efforts to monetize content by builders, developers and creators on a “pay-as-you-enjoy” basis
Solana developers tackle bugs hoping to prevent further outages
7.6.2022
Solana developers have tackled the “durable nonce transaction” bug that knocked the network offline for the fifth time this year earlier this month as network activity slows
Report on Lightning Network-Powered DeFi and NFTs Dismissed Even by Bitcoin Advocates
6.6.2022
A discussion has emerged about possible use cases for the Bitcoin (BTC) Lightning Network, and whether the network could potentially support decentralized finance (DeFi) applications and non-fungible tokens (NFTs). The discussion followed the publication of a paper by three well-known...
Bybit Extends Support to HNT Network Upgrade
6.6.2022
Bybit has announced support for the network upgradation of Helium (HNT). The process starts on June 08, 2022, at midnight (UTC). Deposits and withdrawals of HNT will be suspended on June 07, 2022, at 11 AM (UTC) until the upgrades are deemed stable. The exact duration of the suspension will...
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
4.6.2022
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized...
Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer
4.6.2022
Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum’s hashrate is coasting along at 129 PH/s and the network’s top mining pool Ethermine...
Apecoin Community Votes on Keeping APE Token in the Ethereum Ecosystem
3.6.2022
The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal’s voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project’s native token APE...