Referring to the capital gains tax proposal that will see top earners pay as much as 43.4%, as well as other political shenanigans, IOG CEO Charles Hoskinson said: “a lot of depressing sh*t coming down the pipe there that really p*sses me off. It’s just an endless river that one. Why do we pay taxes…
Former federal prosecutor James K. Filan has been involved with the lawsuit filed by the Securities and Exchanges Commission (SEC) versus Ripple Labs and two of its executives. Accused of the alleged illegal sale of an unregistered security, the token XRP, Filan has shared his opinion on the case, presented crucial documents, and discussing with…
Popular crypto YouTuber Lark Davies tweeted a warning over the new Binance Smart Chain project SafeMoon. He likened its rising popularity to the now-defunct Bitconnect scam, saying the euphoria of gains is blinding users to “the obvious.” Bitconnect arrived on the scene in 2016, promising high returns for holding, trading, lending, and mining its BCC…
XRP Labs founder and lead developer Wietse Wind announced the launch of the public beta testnet for the Hooks Amendment. Build for the XRP Ledger, “Hooks” has been highly anticipated in XRP’s community. When fully implemented, Hooks is set to enable smart contract functionality to the XRP Ledger on its layer one. Thus, the amendment…
Amongst the best-performing assets in the crypto space over the past week, Terra (LUNA) has registered 18.9% gains over the weekend. Just behind AAVE (+19%), SNX (+20.8%), and SUSHI (+21.8%), LUNA has managed to outperform YFI and RUNE, two of the most resilient DeFi assets, per a Messari report. Source: Messari Developed by Terraform Labs…
A well-received Nasdaq debut from Coinbase last week opens what many hope to be crypto’s cross into the mainstream. Nonetheless, controversy has surrounded its IPO, including valuing the firm on a fully diluted basis. Using this methodology, a higher number of shares is included in the company valuation, essentially overvaluing the company by some $20bn.…
Tim Harrison, Marketing and Communications Director at Input Output Global (IOG), Cardano’s developer company, published a job advertisement for a Data Engineer, Consulting Lead, Java Consultant, Solutions Architect, and other positions at this company. The applicants will have the opportunity to, according to Harrison, become part of a new “dedicated team”. Their objective will be…
The DeFi sector saw a sharp drooped in its Total Value Locked, according to DeFi Pulse data. At the time of writing, the metric is recovering quickly and stands at $54.93B. Sitting at the number six spot on the top 10 DeFi protocols by TVL with $3.88B, SushiSwap could be on the verge of taking…
Markets tanked during the early hours of Sunday morning UTC, with Bitcoin dropping $10k in a matter of hours. While Dogecoin also suffered a dip, its fall was trivial compared to the rest of the market. By midday, DOGE had recovered and went on to post 12% gains by the end of the day. Source:…
IOTA is ready for a major milestone with the launch of the Chrysalis phase 2 also know as the final stage for IOTA 1.5. The bridge network between IOTA and the Coordicide event which will lead it to full decentralization, Chrysalis will roll out on April 28th, 2021. Dev Update, April 2021 – Our engineering…