What Is Yield Farming? Beginner's Guide Yield farming involves lending cryptocurrency via, in most cases, the Ethereum network. When loans are made via banks using fiat money, the amount lent out is paid back with interest. With yield farming, the concept is the same: cryptocurrency that would otherwise be sitting in an exchange or in a wallet is lent out via […]
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto The CEO of Custodia Bank Caitlin Long has slammed regulators and lawmakers in Washington D.C. for their “misguided crackdown” on the crypto sector, and also for ignoring her warnings of major “fraud” allegedly conducted by now-bankrupted entities. In a Feb. 17 blog post titled “Shame On Washington, DC For Shooting A Messenger Who Warned of […]
South Korean regulatory body gives security token guidelines Ahead of the proposed legalization of cryptocurrencies in Korea, the financial services commission (FSC) published rules on Jan. 6 that outline which digital assets will be regulated as securities in the country. The guidelines stipulate that all blockchain-based tokens will be treated and regulated as securities provided they have inherent characteristics that fit them into […]
WEF publishes new in-depth guide to DAOs to air issues, encourage development The World Economic Forum (WEF) released a “toolkit” for digital autonomous organizations (DAOs) on Jan. 17. More than 100 experts contributed to the document attempts to provide “a starting point for DAOs to develop effective operational, governance and legal strategies.” The 37-page so-called toolkit is explanatory in nature, with concise but encyclopedic entries on DAOs […]
Your guide to crypto in Toronto: Crypto City Toronto embraced digital assets sooner than most and is home to more crypto projects than anywhere else in Canada. Contents OverviewCrypto culture in TorontoWhere can I spend crypto in Toronto?Crypto projects and companies in TorontoToronto’s crypto controversiesToronto crypto education and communityNotable crypto figures from Toronto Overview The city lies at the center of the so-called […]
A beginner's guide to NBA Top Shot NFTs NBA Top Shot is a nonfungible token (NFT) marketplace that enables basketball fans to buy, sell and trade NBA-themed digital collectibles. These collectibles are "Moments" — NFTs of NBA video clips and digital art — available per their degree of rarity. In other words, users can trade NFTs that feature anything from a winning three-pointe from […]
Ep08- Uganda – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast The production team flew to Uganda for what was supposed to be “The Missing Cryptoqueen’s” last episode. They wanted to show how far the OneCoin scam traveled and what it did to its victims. The results are devastating. As it happened all over the world, people in Uganda couldn’t afford to lose one dollar and […]
New York financial regulator sets crypto guidelines for banks The New York State Department of Financial Services (NYDFS) has laid out details state-regulated financial institutions must submit before gaining approval to engage in cryptocurrency-related operations. Banks must submit business plans before engaging in crypto In a statement issued Thursday, the NYDFS announced that banking institutions domiciled in the state must submit a business plan […]
New York Banking Regulator Sets Crypto Guidelines in Wake of FTX New York regulators today released crypto rules for banks following the collapse of digital asset exchange FTX. The New York State Department of Financial Services (NYDFS) said Thursday that banks in the state must submit a business plan at least 90 days to the body before they get involved with cryptocurrencies. The DFS will then […]
Nomad releases bridge relaunch guide after patching contract vulnerability The Nomad token bridge announced its relaunch guide after fixing the contract vulnerability that led to a $190 million exploit in August. According to a blog post from Dec. 7, the Nomad protocol will allow users to bridge back madAssets and access a pro-rata share of recovered funds. A redesign for the token bridge was […]
Crypto Holiday Gift Guide 2022 The season for giving is upon us. Whether you're looking for a Bitcoin-themed stocking filler that won't break the bank or a little bit of luxury for the DeFi degens in your life, Decrypt has you covered. Note: This post contains affiliate links on which Decrypt earns a small commission, at no additional cost to […]
South Korea release guidelines to reduce crime in the metaverse South Korea’s Ministry of Science and ICT has released a new set of ethical guidelines to reduce crime on the Metaverse. On Monday, the South Korean government announced new non-binding ethics guidelines for metaverse services. The guidelines would provide a framework on which their terms of use will have to be based. The guidelines were […]
Ep07- Moneyland – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast What’s Moneyland? That’s what the first half of this “The Missing Cryptoqueen” episode is about. The second part is about Frankfurt, the city where Jamie and Georgia think that Dr. Ruja might be hiding. In any case, Moneyland is that mythical place where the money that millionaires and corporate entities want to disappear goes. The […]
How to Make an NFT for Free & Sell It: A Beginner’s Guide Making money by creating and selling NFTs has become alluring for digital creators looking to earn a living. High minting fees have, however, become a deterrent, creating a barrier to entry for artists and creators who can't afford them. Fortunately, you can now make an NFT for free and sell it on leading marketplaces. Read […]
IRS 2022 Tax Guidelines to Treat NFTs as Stablecoins, Cryptocurrencies The U.S. Internal Revenue Service (IRS) has given NFT investors new clarity about how the assets are set to be taxed. As per the IRS’ 2022 tax year guide, all “digital assets,” including stablecoins, non-fungible tokens (NFTs), and cryptocurrencies are set to be taxed under the same rules. This is a departure from the 2021 […]
A Bitcoin Online Casino Guide, Are They Safe? Whenever we try out a new online site, the first question to pop into our minds is ‘is this safe’? We have spent years being told to be cautious on the internet because you can easily fall into a trap and have your money stolen from your account. You can’t blame people for being skeptical […]
The Bitcoiner’s Guide To Yield Curve Control And The Fiat End Game The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Here Comes Yield Curve Control A key theme in our long-term Bitcoin thesis is the continued […]
A Bitcoiner’s Guide To Proof-Of-Stake This is an opinion editorial by Scott Sullivan. Normally Bitcoiners don’t care too much about what goes on in Shitcoin-land, but now that Ethereum has merged to proof-of-stake (PoS), there’s been quite the buzz on Bitcoin Twitter. Of course, the Bitcoin network itself will remain unaffected, but I think this “upgrade” is still worth paying […]
Where to Buy Injective Protocol (INJ) Crypto Coin: Complete Guide One of the biggest issues with decentralized exchanges is price and order manipulation. The Injective Protocol promises to eliminate these problems with its decentralized layer-2 platform for derivatives trading. With Injective, users receive a decentralized trade execution coordinator and order book, preventing frontrunning on the exchange. The protocol leverages its layer-2 blockchain tech for compiling […]
Brazilian Regulator Wants ‘Transparency’ in Crypto Sector, Prepares to Issue Guidelines (Source: Robert Rusell/Unsplash) Brazil’s markets regulator says it wants “transparency” in crypto and claims it is preparing a set of industry guidelines. The body is working in conjunction with the nation’s Economy Ministry – in a possible further setback for MPs hoping to regulate the sector. Earlier this month, the Securities and Exchange Commission, known […]
