The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk
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The best way to resolve this problem would be to break the category “digital assets” up into three types: stable digital assets (stablecoins and LTDA), non-stable fungible coins (bitcoin, ether, dogecoin, etc) and non-stable non-fungible coins (NFTs). The monetary threshold for triggering a Form 8300 reporting requirement, currently set at a flat $10,000, should be
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“Headline Asia is confident that the era of Web 3.0, built on blockchain technology and the token economy, is coming. Meanwhile, we are concerned about the current situation in Japan, where individuals and institutional investors have yet to get involved in the token economy, which is dominated by cryptocurrencies,” said Headline Asia Partner Akio Tanaka
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In what may be a first, in order to claim allocated tokens users had to vote on four articles of a foundational ENS governance constitution. These articles covered ensuring governance cannot revoke ENS ownership, allowing governance to alter registration prices, allowing governance the authority to integrate with other software naming conventions like DNS, and allowing
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk
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Maple allows users to issue un-or-undercollateralized loans to known entities based on reputation, rather than the traditional model in DeFi which relies on collateral that can be slashed in the event of underpayment. The BlockTower pool is Maple’s first permissioned pool and the protocol’s fourth overall. Current borrowers from other pools include Alameda Research, Framework
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On the heels of China’s crypto-ban, mining companies have started a “great migration” to regions outside of China, particularly North America. “The United States and Canada have become a hotspot for relocation, creating new opportunities for North America’s fast-growing mining industry to forge strategic partnerships with some of the largest players in the mining game,”
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed
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With Monday evening came the flagship event from the crypto-backed social club Friends with Benefits. The party’s lineup – the Russian art collective Pussy Riot, plus DJ sets from Caroline Polachek, Doss, and Channel Tres – felt like a self-conscious attempt to get away from the sort of “2012-core EDM bro” mentality permeating the rest
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The third edition of NFT.NYC, New York’s non-fungible token (NFT) conference, took place this week. The event has come far from its humble origins in 2019 – this year’s featured 600 speakers across three days and six venues throughout the city. Over the course of the event, 15 different NFT-themed billboards were featured in Times
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The scammer will then direct the victim to a physical cryptocurrency ATM to insert their money, purchase cryptocurrency and use the provided QR code to auto-populate the recipient address. Often the scammer is in constant online communication with the victim and provides step-by-step instructions until the payment is completed, said the FBI.
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DeFi developers will undoubtedly learn from their mistakes and the industry will naturally become safer over time. However, the Aave vulnerability showed investors that no protocol is 100% safe. While it may stand against the ethos of DeFi, smart contract insurance and regulation could become key in onboarding the next generation of risk-averse DeFi users.
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk
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