Cryptocurrency Updates

The cost of running a crypto business in New York is about to rise with the state government gearing up to require companies holding a BitLicense to pay assessment fees to ensure they’re complying with regulations. The rule was included in New York State’s FY2023 budget signed into law on April 9th by Governor Kathy Hochul giving the state's Department Of Financial Services (DFS) a “new authority to collect supervisory costs from licensed virtual currency businesses,” according to a…...

BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York The cost of running a crypto business in New York is about to rise with the state government gearing up to require companies holding a BitLicense to pay assessm

Nonfungible tokens (NFTs) have come a long way in a relatively short period of time. In 2017, the NFT project CryptoKitties made headlines as the largest decentralized application on the Ethereum network. While CryptoKitties accounted for a notable portion of Ethereum transaction volume in 2017, these NFTs mainly served as digital collectibles geared toward the crypto community. It wasn’t until March 2021 when NFT artwork started gaining traction due to the financial potential behind these creations....

How Web3 is redefining storytelling for creators and fans through NFTs Nonfungible tokens (NFTs) have come a long way in a relatively short period of time. In 2017, the NFT project CryptoKitties made headlines as the largest decent

The impact of blockchain technology on the ongoing digital revolution cannot be overstated, as the rise of the Metaverse and the integration of virtual reality are changing how people interact on a global scale as we have seen this evidently with Decentraland. Decentraland (MANA), a virtual reality (VR) ecosystem built on the Ethereum network that allows users to create, engage with, and monetize digital content through a variety of interactive experiences, is one project that is beginning to gain traction in its effort to bridge the old world with the new....

Decentraland (MANA) Price Surges 75% Higher Above Expectations The impact of blockchain technology on the ongoing digital revolution cannot be overstated, as the rise of the Metaverse and the integration of virtual reality

The year 2021 will go down in history as the year of nonfungible tokens (NFTs). NFTs are estimated to have generated more than $23 billion in trading volume in a year when names like Beeple and Bored Ape Yacht Club dominated the headlines. With the rise of NFTs, a new generation of investors has emerged, scouring platforms like Discord and OpenSea for the next 100x opportunity....

3 Things You Should Know As An NFT Investor To Avoid A Tax Problem The year 2021 will go down in history as the year of nonfungible tokens (NFTs). NFTs are estimated to have generated more than $23 billion in trading volume in