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Coinbase partners with MakerDAO & releases USDC rewards


MakerDAO recently voted on the proposal of custody of 1.6 billion dollars worth of USDC with Coinbase. The partnership will result in MakeDAO earning 1.5% rewards on the USDC stack. At the same time, the collaboration carries tangible benefits for MakerDAO, showing its commitment to DeFi...

US IRS Releases New Reporting Guidelines for Digital Assets


The US Internal Revenue Service (IRS) has released updated guidelines for reporting digital assets, clarifying the taxation of non-fungible tokens (NFTs) and stablecoins as well. The IRS’ draft 2022 tax year guide has placed cryptocurrencies, stablecoins, and NFTs into the same category...

Cardano Foundation Releases Its Long-Awaited Vasil Hard Fork


Cardano Foundation treated users by releasing its long-awaited Vasil hard fork. As per the network, the upgrade will lead to an improvement in its network capacity. At the same time, Vasil will also help Cardano cut down its transaction costs. Besides this, Cardano aims to elevate its smart...

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