Search Results for: Dec. 24, 2021

Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

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After recording $4.26 billion in total non-fungible token (NFT) Ventas, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 meses. Despite the low player count, the project’s native token,…

Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

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The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot…

‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

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At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. Como 2022 comes to an…

The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg

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2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Es más, más que $3 billion has been erased from the stablecoin economy during the last 23…

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

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109 years ago, los Estados Unidos. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, más que 96% of the greenback’s purchasing power has been erased…

Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High

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As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exhash por segundo (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining…

Encuesta Deloitte: 85% de los comerciantes dicen que habilitar los pagos criptográficos es de alta prioridad

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Una encuesta realizada por Deloitte en colaboración con PayPal encontró que más de 85% of merchants “are giving high or very high priority to enabling cryptocurrency payments.” Además, “nearly three-quarters of those surveyed reported plans to accept either cryptocurrency or stablecoin…

Iconic Staples Center, Home of Los Angeles Lakers, Changing Name to Crypto.com Arena

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Staples Center, one of the most iconic and globally recognized sports and entertainment arenas in the world, is changing its name to Crypto.com Arena. Crypto.com has also become an official cryptocurrency platform partner of the Los Angeles Lakers and the LA…