In its pursuit, the company found love for artificial intelligence. This led to Meta laying off thousands of its employees and pulling the plug on many of its projects, including Instagram and Facebook NFTs.While it seemed Meta was done with the virtual world, it appears the company is not quite ready to give…Continue Reading on DailyCoin More
“The future of finance is digital,” said the premier and finance minister Edward David Burt, who believes there are still considerable benefits to be gained from digital assets and blockchain technology. Continue Reading on Coin Telegraph More
In a March 31 message on its Telegram channel, the Sango Project said the government of the Central African Republic, or CAR, had made “significant progress” in establishing laws and regulations which will allow its cryptocurrency Sango Coin to be listed on crypto exchanges. However, according to the project, the Sango Coin listing will be postpone for a few weeks before the frameworks are finalized. Continue Reading on Coin Telegraph More
Risky assets rallied in response to the data and some analysts expect the Federal Reserve to start cutting rates by the end of the year, The FedWatch Tool shows a 33% probability of a 50 basis point cut by December 2023.Continue Reading on Coin Telegraph More
The NFA has “well over 100” members that engage in activities with digital asset commodities, but no way to address fraud or misconduct committed by those members, the organization explained to secretary of the Commodity Futures Trading Commission (CFTC) Christopher Kirkpatrick in a Feb. 28 letter as it submitted the proposed new rule for approval. Continue Reading on Coin Telegraph More
Traders seeking to leverage their cryptocurrency position had borrowed over 105,000 Bitcoin. Currently, the cause of this anomaly is unknown, as well as the number of entities involved in the trade.Continue Reading on Coin Telegraph More
On March 31st, 2023, tax software platform CoinLedger reveals that automatic tax reporting for Cardano is now live.The majority of the feedback from the community appears to be skeptical. However, the price of ADA reflects a contrasting and optimistic sentiment from the Cardano community.CoinLedger now imports Cardano-based transactions, calculates gains and losses, and auto-generates tax forms per national requirements.The CoinLedger development…Continue Reading on DailyCoin More
The ongoing downturn in the crypto market hasn’t stopped European venture capital (VC) firms from investing in DeFi projects. A new report revealed that European DeFi startups saw a 120% increase in VC funding last year.Continue Reading on Coin Telegraph More
According to the report, nearly half of the losses this quarter ($215 million) took place in the first three weeks of March. The Euler Finance and Bonq DAO exploits were the quarter’s loss leaders at $196 million and $120 million, respectively. Due to them, the Ethereum blockchain suffered the highest losses, even though Binance outnumbered them with 18 incidents to ten on Ethereum. Continue Reading on Coin Telegraph More
