Stack launches crypto trading app that targets teens and parents
Stack wants to offer catchy cryptocurrency instruction videos as a more effective substitute for TikTok “fin-fluencers.” After the release of the education and trading software Stack, which is designed to teach people under the age of 18 how to trade and hold cryptocurrency, crypto-curious teenagers may be able to try their hand at actual crypto […]
Queen Elizabeth memecoins and NFTs swarm crypto markets
There is a lengthy list of new tokens with offensive titles including Rip Queen Elizabeth, Save the Queen, Queen, QueenDog, and Queen Elizabeth Inu. Following the passing of Queen Elizabeth II, crypto degens lost no time in dumping more than 40 new Queen-related meme tokens and hundreds of other nonfungible tokens (NFTs) in the same […]
Crypto analytics firm Coincub lists crypto tax rankings
The worst and greatest countries for crypto tax are listed in a rating by the cryptocurrency analytics company Coincub. Global cryptocurrency taxation regulations differ substantially between nations, and some have created incredibly strict crypto tax laws for their citizens. According to a recent analysis by the crypto analytics company Coincub, Belgium has the highest resident […]
Flash loan attack causes DeFi protocol token NFD to crash by 99%
Flash loans allow users to borrow large amounts of assets without upfront collateral; miscreants use them to exploit DeFi protocols. On September 8, a series of flash loan assaults targeted the decentralized finance (DeFi) protocol New Free DAO, causing a reported loss of $1.25 million. In the wake of the attack, the native token’s price […]
US states, Washington and Pennsylvania, will impose NFT taxes
Two states recently became the first in the US to officially classify NFT as digital assets that are subject to sales and use taxes. The actions of Pennsylvania and Washington show a growing knowledge of the tax ramifications of NFT and a willingness to modify current tax laws to account for this new asset class. […]