Category Archive: Cryptocurrency, No picture

Opinion: Why Won’t Wikipedia Classify NFTs as Art?

Opinion: Why Won’t Wikipedia Classify NFTs as Art?

Key Takeaways Wikipedia editors have removed NFT art by Pak from the site’s list of most expensive artworks by living artists. Editors state that they made the change because the work was sold fractionally and because of a lack of secondary sources. The decision has caused uproar in the NFT community with many prominent figures […]
A Beginner’s Guide to Fantom’s DeFi Ecosystem

A Beginner’s Guide to Fantom’s DeFi Ecosystem

Key Takeaways Fantom is an Ethereum-compatible Layer 1 chain with over $8 billion locked in its DeFi protocols. It hosts a thriving DeFi ecosystem, including several decentralized exchanges and yield farming protocols. DeFi on Fantom looks set to continue growing, with several highly-anticipated launches on the horizon. Fantom is a Layer 1, Proof-of-Stake network with […]
How to Calculate Your DeFi, NFT, and Airdrop Taxes for 2022

How to Calculate Your DeFi, NFT, and Airdrop Taxes for 2022

Key Takeaways Tax season is approaching. Crypto investors may be liable for income tax and capital gains tax based on their activity. Capital gains tax and income taxes are applied differently based on the nature of crypto transactions. Crypto Briefing brings you a comprehensive guide on calculating cryptocurrency tax liabilities for 2022.  The Crypto Tax […]
DeFi Project Spotlight: Dopex, the Options Exchange Built for Simplicity

DeFi Project Spotlight: Dopex, the Options Exchange Built for Simplicity

Key Takeaways Dopex is a decentralized options exchange that uses option pools to let anyone buy or sell options in a capital efficient and simplified manner. Its flagship product is Single Staking Option Vaults, which provide deep liquidity for option buyers and automated, passive income for option sellers. Dopex’s options contracts are ERC-20 tokens, meaning […]
Ethereum at 100,000 TPS: StarkWare Discusses the Future of Layer 2 Scaling

Ethereum at 100,000 TPS: StarkWare Discusses the Future of Layer 2 Scaling

Key Takeaways StarkWare uses Zero-Knowledge Rollups to develop scaling solutions for Ethereum. StarkWare’s STARKs allow scaling to be completely trustless and can be deployed in either Rollup mode or Validium depending on the use case. Layer 2 projects like StarkWare could help Ethereum achieve 100,000 transactions per second with significantly reduced gas costs. StarkWare co-founders […]
What Is NEAR Protocol? The Sharded Layer 1 Blockchain Explained

What Is NEAR Protocol? The Sharded Layer 1 Blockchain Explained

Key Takeaways NEAR Protocol is a Layer 1 network that has implemented sharding to scale its transaction throughput. The network strives for accessibility and user-friendliness, abstracting away the technical side of blockchains. NEAR is working on interoperability with existing Layer 1 networks through its Ethereum-compatible Aurora Network. NEAR Protocol is a scalable, Proof-of-Stake network focusing […]
How Kazakhstan’s Energy Crisis Could Impact Bitcoin

How Kazakhstan’s Energy Crisis Could Impact Bitcoin

Key Takeaways Electricity supply issues are making it harder for Bitcoin miners to operate in Kazakhstan. Recent civil unrest has also resulted in nationwide Internet blackouts, further damaging Bitcoin mining viability in the country. Some miners have started to leave Kazakhstan, eyeing the U.S as a more stable place to continue their mining operations. An […]
Our Crypto Predictions for 2022

Our Crypto Predictions for 2022

Key Takeaways 2021 was an historic year for the cryptocurrency industry. While growth in the Metaverse, DAOs, and NFTs looks likely for the year ahead, regulatory intervention is a major concern for the industry. After interest in Layer 1 exploded in 2021, Layer 0 and Layer 2 could follow suit in 2022. Regulatory intervention, Ethereum’s […]
2021 in Review: the Top 10 Crypto Heroes of the Year

2021 in Review: the Top 10 Crypto Heroes of the Year

Key Takeaways Crypto had an eventful 2021, and many standout figures helped the industry thrive. DeFi experts and NFT evangelists featured in our Heroes of the Year. Members of the U.S. Senate also defended the industry at a pivotal moment. Philanthropists, NFT evangelists, and DeFi experts all featured in this year’s top 10 crypto heroes […]
2021 in Review: the Top 10 Crypto Moments of the Year

2021 in Review: the Top 10 Crypto Moments of the Year

Key Takeaways 2021 was the most eventful year for the crypto industry to date. Major events of the year included a boom in meme coins and NFTs, crypto adoption at a nation state level, and rising corporate interest in the Metaverse. Mainstream adoption and the growth of the Metaverse look set to be major trends […]