Technology

“Similarly to how Ethereum extended the functionality, usefulness, and value of Bitcoin, we believe the Internet Computer has the potential to do the same for Ethereum assets and applications, and could even potentially become the best L2 for Ethereum long term,” explained Harrison Hines, founder of Psychedelic, the Web 3 development studio behind Terabethia.
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In 2021, that blissful ignorance suddenly became impossible. We first saw this with the debate over the infrastructure bill, most importantly in the U.S. Senate, when the impositions of a contentious tax reporting provision for cryptocurrency sales had the ironic effect of demonstrating that crypto had arrived in Washington. The fact that legislators wanted to
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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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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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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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Banco Santander, Spain’s largest bank, will be offering crypto exchange-traded funds (ETF), Santander’s Executive President Ana Botin said on Oct. 14 in a Bloomberg TV interview. “We have been quite slow in adopting that, because of compliance and regulatory and risk appetite,” Botin said. “But we are now getting into it.” When asked if Santander’s
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Como ejemplo, el informe considera la región de la Asociación de Naciones del Sudeste Asiático (ASEAN, por sus siglas en inglés) y sus corredores, que comprenden Brunei, Camboya, Indonesia, Laos, Malasia, Myanmar, Filipinas, Singapur, Tailandia y Vietnam, que opera con un conjunto diverso de 10 monedas y aporta el 7% del comercio transfronterizo mundial.
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