High transaction fees on Ethereum and Bitcoin have led to increased network activity on Solana. While network activity sees growth, other ecosystem metrics experience a decline. Solana saw an influx of new users as high […]
Major cryptocurrencies were trading mixed on Wednesday evening defying the potential turbulence from the U.S. debt ceiling negotiations. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EST) Bitcoin BTC/USD +0.57% $27,318 Ethereum ETH/USD -0.58% $1,819 Dogecoin […]
The Treasury and the IRS are soliciting feedback for upcoming guidance on the tax treatment of nonfungible tokens, or NFTs, as collectibles. NFTs that are collectibles would be taxed at a rate not exceeding 28%, […]
Within the cryptocurrency industry, the summer of 2020 was nicknamed “DeFi Summer”. Such was the explosive growth of this new sector which promised to revolutionise the way financial transactions occur. Three years on, the enthusiasm […]
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