Blockchain Financial News

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

The rise of blockchain-based play-to-earn (P2E) gaming was one of the leading stories in 2021 as games such as Axie Infinity exploded in popularity and players realized that they could make life-changing amounts of money while also having fun. 

Trading cryptocurrencies is not an easy undertaking with many technical indicators, market changes, external factors and a constantly changing ecosystem in a way. So it’s no wonder many investors have trouble navigating this space. However, while strategy plays a significant role in the outcome of a trade, it is only one of the factors that lead to long-lived success.

Cryptocurrency exchange Coinbase has penned a partnership agreement with One River Digital Assessment Management to provide institutional-grade wealth managers with an exclusive platform to acquire digital asset investments, and engage in related activities.

The adoption of the cryptocurrency industry has accelerated. It is flooding into the mainstream and several American politicians seem to be jumping onto the trend. In a bid to position his state as a blockchain innovation hub, a Tennessee lawmaker has proposed multiple bills that could allow the states’ jurisdictions to invest in the asset class.

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Beijing-based Bitmain has partnered with a United States-based sustainable Bitcoin miner, Merkle Standard, which will contribute capital investment, expertise and parts.  

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

February is Black History Month, and it’s worth recounting that cryptocurrency and blockchain technology have already had a significant impact on the African-American community. 

The relationship between the media and cryptocurrencies is fast evolving. Especially since it is one of the main channels through which much of the adoption has been facilitated. In fact, analysts in the past have even noted price hikes to sustained media hype, especially with meme cryptocurrencies like Dogecoin and Shiba Inu, prompting many countries in the past to issue warnings to crypto advertisers.

In a statement, Binance CEO Changpeng Zhao said: “As Web 3 and blockchain technologies move forward and the crypto market comes of age we know that media is an essential element to build widespread consumer understanding and education."However, amid concerns about conflict of interests at the publication, he later took to Twitter to insist that "Forbes editorial independence is and will always be sacrosanct".The multi-billionaire added that the investment is to "help them build Web3 infrastructure in the coming years".Last year, Binance dropped a lawsuit against Forbes and two of its journalists over a story about the crypto firm's corporate structure. In September, having faced regulatory scrutiny in a host of countries, Binance vowed to centralise its business structure to address concerns about a lack of systemic transparency.Zhao tweeted yesterday: "Like many fast-growing, innovative companies, Binance is used to media scrutiny.

Metaverse startup Portals has raised fresh funds to finance its browser-based metaverse that allows people to enter without virtual reality (VR) equipment.

Blockchain can vastly alter the business landscape, improving existing processes and enabling new models for ownership and value transfer. Since the technology operates in a peer-to-peer fashion, transactions can be conducted autonomously, eliminating some of the intermediary costs typically incurred as assets move from one place to the next.

Welcome to the age of the digital land rush, where investors, brands and presumably very wealthy individuals have set their sights on owning virtual land in the metaverse.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

In 2022, YouTube aims to roll out a number of new functionalities, tools, and products for the company’s creators, viewers, and partners -- and per Neal Mohan, Chief Product Officer at the platform, some of the features will also be related to the metaverse, blockchain, and non-fungible tokens (NFTs), while looking at how these can be used to ensure more engagement from the platform's users.

Recent Chainalysis data showed that users moved over $40 billion worth of crypto to Ethereum’s nonfungible token (NFT) smart contracts in 2021. While this reflects the rapid growth of NFTs, there are still many obstacles when it comes to minting these tokens, and one startup is addressing this problem by doing all the behind-scene processes.

Centralized exchanges continue to be among the most used tools for investors to buy, sell and exchange cryptocurrencies, a reality often likened to the level of security and monitoring the third party can provide to the end-user. Consider that thousands or even hundreds of thousands of dollars can be lost without a centralized exchange if the investor forgets their key.