Coinbase launches free tax centre for its users
“We’re simplifying the process by showing each customer a personalized summary of their taxable activity on Coinbase, broken out over time by realized gains/losses and miscellaneous income,” says Coinbase. Crypto investors are already reeling from a rocky start to 2022, and now they must figure out how to calculate the tax they owe by April […]
Gucci set to enter the Metaverse with the release of 10 ‘SuperGucci’ NFTs
Gucci the Italian fashion brand is the latest to embrace NFTs as it makes it way into web3 with the launch of its series of digital collectibles dubbed ‘SuperGucci’ in February. Gucci, the luxury Italian fashion house , is the latest to enter Web 3 with the launch of ten non-fungible tokens (NFTs) on February […]
Crypto info outlet Coin Bureau’s Youtube channel gets hacked
In the past few days, there have been some attacks targeting prominent crypto YouTubers, Coin Bureau is the latest YouTube channel to be affected despite its implementation of the Two-Factor Authentication or 2FA. On Monday, Coin Bureau , a major cryptocurrency news source with over 600,000 Twitter followers, faced a security compromise on its Youtube […]
Polkadot bids for FC Barcelona’s Official Jersey Sponsor
According to a report, the Polkadot blockchain network has sent in its proposal requesting to be the official Jersey Sponsor for the Spanish football club Barça. although, the club’s goal is to reach 75 million euros for the sponsorship. Rakuten and Beko will no longer be sponsors of FC Barcelona’s T-shirts as of July 1st. […]
Fantom Surpasses Binance Smart Chain in Total Value Locked in defi protocols
The Fantom blockchain has surpassed Binance Smart Chain to become the third-largest DeFi blockchain with a TVL increase jumping 46.62% over the last week. This week, Fantom, a DeFi and smart chain blockchain project, officially exceeded BSC in terms of TVL in defi protocols. Fantom presently possesses $11.73 billion on January 24, 2022, up 46.62 […]