February 4, 2022

The Metaverse will revolutionize live music, but will it be decentralized?

The Metaverse will revolutionize live music, but will it be decentralized?

As the two-year commemoration of the worldwide COVID-19 pandemic starts to tear toward us, we are no nearer to knowing when our public activities will get back to business as usual for sure will the new typical be. The impact this has had on organizations like dance club, music settings and artists have been incomprehensible. …

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What exactly is Baby Doge? Meet Elon Musk’s new cryptocurrency of choice.

What exactly is Baby Doge? Meet Elon Musk’s new cryptocurrency of choice.

Baby Doge is the new favourite of crypto enthusiast and Tesla CEO Elon Musk. What is it? A spinoff of already existing meme cryptocurrency Dogecoin. Yepp, the joke has gone too far. Cryptocurrencies have truly exploded in 2021 and alternative tokens or alt coins are dominating the scene. The year started with the Dogecoin explosion, …

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3 reasons why Telos (TLOS) price hit a new all-time high

3 reasons why Telos (TLOS) price hit a new all-time high

TLOS rallied 229% off its January low after new partnerships and the launch of several NFT and DeFi applications caught investors’ attention. It seems crypto winter is upon us and during times like these, projects that continue to forge ahead by focusing on development and expansion are often rewarded by traders who are looking to …

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Facebook and Google stocks have diverged, and the reason is Apple

Facebook and Google stocks have diverged, and the reason is Apple

KEY POINTS Facebook’s stock sank to an 18-month low on Thursday following a brutal revenue forecast, while Google is down only slightly from its record close in November. The Big Tech companies produced very different earnings reports for the fourth quarter, sending investors in diverging directions. “Did Apple iOS changes trigger a market share shift …

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China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects

China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects

The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in various fields such as manufacturing, energy, government and tax services, law, education, health, trade and finance, and cross border finance.” China Establishes Blockchain Testing Zones Sixteen Chinese governmental bodies jointly announced Sunday a list of …

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Bank of Russia Approves Atomyze as First Digital Asset Issuer

Bank of Russia Approves Atomyze as First Digital Asset Issuer

Atomyze, a tokenization startup by the mining and smelting giant Nornickel, has gotten the green light to issue tokens backed by metals in Russia. Bank of Russia announced on Thursday that Atomyze has become the first company in the country to be put on the central bank’s list of approved digital assets operators. Atomyze, a firm which …

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Canada’s Alberta Sees Growth in Crypto Sector

Canada’s Alberta Sees Growth in Crypto Sector

Alberta, Canada’s most oil-rich province, is seeing growth in the crypto industry to diversify its economy. Alberta is actively looking to build the province’s tech industry, including mining digital tokens, building data centres, and attracting high-tech workforces. Doug Schweitzer, Alberta’s minister of jobs, economy, and innovation said in an interview with Bloomberg on Thursday that: “This is an area …

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BIPARTISAN BILL TO ELIMINATE TAXES FOR SMALL BITCOIN TRANSACTIONS

BIPARTISAN BILL TO ELIMINATE TAXES FOR SMALL BITCOIN TRANSACTIONS

The proposed legislation seeks to reduce friction in the usage of bitcoin as a daily currency. A bipartisan bill introduced Thursday would exempt bitcoin transactions from tax obligations if the associated capital gains are $200 or less, seeking to incentivize the digital currency’s usage as a medium of exchange in the U.S. economy. Currently, any …

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