Time and money are largely interchangeable terms. - Winston S. Churchill

Finance

Magic Eden adds NFT support to Bitcoin Ordinals

Magic Eden adds NFT support to Bitcoin Ordinals

NFT marketplace Magic Eden has announced that it has introduced NFT support to the Bitcoin network based on the Ordinals protocol. The project team says that on their platform, the process of interacting with Ordinals will be as user-friendly as possible.

IRS believes NFTs should be taxable

IRS believes NFTs should be taxable

The Internal Revenue Service (IRS) has stated in their announcement that according to their own analysis, NFT is a collector's item. And in their view, NFT should be taxed in the same way as stamps of all kinds, works of art and wines. "For example, a gemstone is a collector's

DefiLlama denied information about token launch.

DefiLlama denied information about token launch.

The other day, the DefiLlama project was in a heated internal war over the token launch, but representatives of the project have recently made an official explanation: "The DefiLlama team would like to apologize for the events that occurred yesterday as a result of miscommunication and poor communication within the

Taiwan's financial regulator develops regulatory framework for the cryptosphere

Taiwan's financial regulator develops regulatory framework for the cryptosphere

The FSC (Financial Supervisory Commission of Taiwan) announced the development of an industry-wide regulatory framework for cryptocurrencies. The initiative has met with approval among local counterparties. The next step is the creation of an industry body within the FSC. With its help, the Commission expects to clearly define the list

Coinbase is in talks to create a new exchange

Coinbase is in talks to create a new exchange

Coinbase is considering options to create a new exchange, which will be located outside the U.S. jurisdiction. The company has not yet decided where exactly the platform will be located, but it is already in talks with market makers about connecting to it.

GPT-4 found a vulnerability in Ethereum smart contract.

GPT-4 found a vulnerability in Ethereum smart contract.

Coinbase director Conor Grogan checked the active Ethereum contract via GPT-4. The chatbot identified a number of security vulnerabilities and pointed out areas where the contract could be used. This smart contract had previously been hacked in 2018 with exploits, which ChatGPT accurately pointed out. Grogan added that "AI will

U.S. Justice Department Investigates Terra Stablecoin Collapse

U.S. Justice Department Investigates Terra Stablecoin Collapse

The U.S. Justice Department is investigating the collapse of the UST steblycoin, WSJ reports. The Federal Bureau of Investigation and the U.S. Attorney's Office for the Southern District of New York (SDNY) have already questioned former employees of Terraform Labs.

$236 million was liquidated in the last 24 hours

$236 million was liquidated in the last 24 hours

The market has recovered a bit, and the value of BTC has risen above $22,000 and is now trading around the same values, and ETH is around $1,570. Market capitalization is up about 5.42% to $975 billion at the time of writing. Due to the growth, about

SWIFT-transfers

SWIFT-transfers

A new scheme was found that allows to accumulate payments through SWIFT-transfers. The essence of the scheme is to swap virtual cards and split payments by $90. A kind of mixer that splits payments into hundreds of transactions, then transactions are exchanged through a third-party exchange for BTC. Then there

Gate launched a new Visa cryptocurrency for the Eurozone

Gate launched a new Visa cryptocurrency for the Eurozone

Gate Group, the parent company of Gate io, announced the launch of a new joint initiative with payment service provider Visa. The firm has launched a debit cryptocurrency card for its customers in the Eurozone. "We aim to become a kind of bridge between the entire cryptocurrency ecosystem and the