Crypto companies’ latest deals are part of an effort to develop mainstream awareness of their brands internationally Binance, WhaleFin, Tezos, OKX and Crypto.com are a few of the companies that are investing in sponsorships all over the world Crypto markets may be down, but trading platforms are still pouring truckloads of money into sport sponsorships. …
The derivative was a cash-settled bitcoin swap denominated in US dollars It’s the first step toward building out a growing crypto business line that would likely include market-making Derivatives specialist StoneX Group has pulled off its first US dollar-denominated bitcoin swap, joining a growing cadre of legacy financial players making first forays into crypto markets. …
Music streaming platform Spotify is planning to add support for NFTs in the future. (Read More)
Without great content and a significant user base, a virtual world cannot have value in the long run If we could teleport in real life, land would be very cheap Scarce virtual land is not only unethical, it’s almost certainly a losing strategy. Here’s why: Building a game is tough. Building an immersive game world …
On today’s episode of Empire, Joe Lallouz, Head of Coinbase Cloud, joins Jason and Santiago to discuss how Coinbase Cloud is building the AWS of crypto. Coinbase Cloud is building blockchain infrastructure and APIs that abstract the complexities of staking, data access, deployment and more. Joe explains the challenges of building in crypto, how Coinbase …
No timeframe yet, but a draft bill is being discussed in this year’s budget Currently, the normal capital gains tax in Portugal for residents is a flat rate of 28% Portugal’s days as alleged crypto tax heaven might soon be over. Portuguese finance minister, Fernando Medina, confirmed last Friday in the Parliament that his government …
Funding from the $70 million Series A will go toward expanding its suite of products as well as its global operations The list of investors included a mix of both traditional and crypto-native firms, marking another instance of a convergence between mainstream and digital assets Digital assets trading infrastructure firm Elwood Capital said Monday it …
The Australian Tax Office has issued a warning to the country’s crypto investors to correctly declare their capital gains or losses Crypto is one of four main areas the agency is focusing on which also includes record keeping, work related expenses and rental property income The Australian Tax Office (ATO) has renewed calls to the …
Crypto credit cards are a familiar way for people to begin investing in crypto without having to spend weeks educating themselves about the ecosystem With lower fees and potential for the collateral to appreciate over time, crypto-backed loans maximize purchasing power A quick primer on crypto credit cards Crypto credit cards are very similar to …
The UST situation could accelerate talks of a CBDC in the US Even if lawmakers agree on establishing a CBDC, there is still concern over structure and role, others say The ongoing TerraUSD meltdown might be the final push central bankers need to more seriously consider establishing a central bank digital currency, some industry experts …