On Episode 4 of Decrypt's gm podcast, Muneeb Ali of Stacks gave Dan Roberts and Jeff Roberts his take on why NFTs are so triggering to people. He understands why they're easy to make fun of or "dismiss as a toy," but expects them to be used for a whole range of important business purposes in the future.
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UK Government Updates Crypto Tax Rules on DeFi, Staking
Her Majesty’s Revenue and Customs (HMRC)—the UK’s tax, payments, and customs authority—has updated the rules that govern decentralized finance (DeFi) and crypto staking. “The lending/staking of tokens through decentralized finance (DeFi) is a constantly evolving […]
Metaverse Crypto Decentraland Up After JP Morgan Calls Niche a '$1 Trillion Opportunity'
LAND, the token of metaverse platform Decentraland, is up over 8% on the day, following the release of a report from JP Morgan calling the metaverse a $1 trillion market opportunity. JP Morgan’s report coincided […]
Bitcoin Reclaims $20,000 Amid Broader Crypto Market Recovery
Bitcoin (BTC) surged 8.26% early Friday to breach the psychological $20,000 level and lead the broader crypto market’s recovery. The industry’s largest cryptocurrency by market cap plummeted as low as $18,644 on Wednesday and was […]
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