A variety of well-known brand names have joined the cryptocurrency space and the budding non-fungible token (NFT) ecosystem. Now the Anheuser-Busch brand Budweiser has jumped into the NFT game by purchasing an NFT on Opensea for 8 ether ($25.7K). Moreover, Budweiser also owns the domain name “beer.eth” after the firm purchased the name for 30…
The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer shared his view on cryptocurrency investing Wednesday during his show’s “lighting…
For quite some time, trustless, cross-chain trades called atomic swaps have been a holy grail of sorts and a number of blockchain developers have worked on making them a reality. According to the developers from the Monero project, atomic swaps between bitcoin and monero are now accessible via the COMIT team’s asb software. Cross-Chain Swapping…
Citigroup is reportedly awaiting regulatory approval to start offering bitcoin futures trading to its clients. “We are presently considering products such as futures for some of our institutional clients, as these operate under strong regulatory frameworks,” said Citigroup. Citigroup Awaits Regulatory Approval to Trade Bitcoin Futures Citigroup Inc. is reportedly considering whether to offer its…
Despite the broad definition of a broker in the $1.2 trillion infrastructure bill, an official of the U.S. Treasury Department says that non-brokers will not be targeted even if the bill is not amended. The official added that crypto advocates’ fears are unwarranted. Treasury Official Says Non-Brokers Will Not Be Targeted The U.S. Department of…
According to a regional report, the Philippines Bureau of Internal Revenue (BIR) is focusing on the blockchain-powered game Axie Infinity over tax concerns. Finance Undersecretary Antonette Tionko explained to the press that BIR is looking into methods aimed at capturing Axie Infinity players failing to pay their income taxes. Philippines Bureau of Internal Revenue Wants…
