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For many countries, the tax season is right around the corner, which means companies in the crypto industry will need to be ready to help their users comply with local regulations.On Feb. 6,  crypto exchange Binance announced it is launching a tax reporting tool to help users stay on track of their crypto transactions for tax reporting purposes. According to the announcement, Binance Tax lets its users download a tax summary report which includes any gains or losses which have occurred throughout the year in their Binance account. This includes spot trades, crypto donations and blockchain-based fork rewards.The company said this…

Blockchain Blockchain scaling technology firm StarkWare is set to partner with Chainlink Labs to bring oracle services, data and price feeds to the StarkNet ecosystem. The coalition will see StarkWare join Chainlink’s Scale program and brings Chainlink price feeds to StarkNet’s testnet. StarkNet tokens will also fund certain operating costs for Chainlink oracle nodes, giving Starket developers access to Chainlink oracle services and data feeds. Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data sources, APIs and payment systems. It allows smart contracts to interact with real-world data and events, making it possible for…

The cannabis industry has long been fragmented, both geographically and politically. Recognizing this, Mark Bonner, CEO of Cannaverse Technologies and creator of Cannaland, decided to take matters into his own hands.With a background in renewable energy, Mark Bonner brings a unique perspective to the cannabis industry. He saw the potential for a more streamlined, efficient and secure approach and set out to create it — a metaverse known as Cannaland. It is the world’s first cannabis platform powered by blockchain technology, and Mark Bonner is at the forefront of the industry, leading the charge for a more unified, sustainable future.Given…

Blockchain Blockchain technology has seen a surge in adoption across the globe, given the censorship and immutable features. But the same perks can also be used to promote store illicit or copyrighted content. What are the ways to tackle such cases? Blockchains are decentralized networks that use cryptography to secure and verify transactions. Data is stored in a permanent, unalterable form, making it an attractive platform for storing various information. However, any content can be stored, including illegal or copyrighted material, given blockchain’s open nature. One of the critical advantages of blockchain technology is that it is decentralized and distributed,…

Later this week, the sci-fi action movie, Warriors of Future is releasing a new NFT collection. It’s being completed thanks to OneCool Collective, Asia’s first web3 project ‘dedicated to disrupting the film and entertainment industry’. The NFT will be minted on Saturday, August 6th. A preview of some of the Warriors of Future NFT collection. The Warriors of Future NFT collection Warriors of Future is the latest multi-million dollar sci-fi action film. It is produced by Louis Koo and directed by Ng Yuen-Fai in Hong Kong. The film is set in the future where Earth is devoid of life due…

NFT Chinese liquor giant Kweichow Moutai, one the largest Chinese companies by market capitalization, announced on Saturday the launch of its non-fungible tokens (NFT) collection that provides owners with rights to purchase limited edition liquor in the real world. Fast facts Moutai started issuing the 113,960 Lichun-themed NFTs, locally known as “digital collectibles,” last Saturday, with their physical liquor counterparts. Each bottle is bound to one blockchain-based NFT. Lichun is the first of 24 solar terms in China’s traditional calendar. Moutai said it intends to issue NFTs and corresponding physical products for each solar term. The NFT-linked bottles are on…

Louis Vuitton and the famous Japanese artist Yayoi Kusama are releasing their first NFT collaboration. This is after the successful launch of their first NFT game a few months ago. This partnership between two international icons offers customers access to 10,000 digital assets. Louis Vuitton celebrates their 200th anniversary by allowing customers to easily exchange these digital assets for tangible copies. Louis Vuitton and Yayoi Kusama will be dropping 10,000 NFTs. Credit: Artnet. Louis Vuitton X Yayoi Kusama NFT Collaboration The NFT market has gained attention due to the rise in crypto prices and increased NFT trades. Louis Vuitton is…

NFT The 9GAG social media platform from Memeland has been loading up on high-priced Bored Ape Yacht Club (BAYC) nonfungible tokens (NFTs). On Feb. 6, Memeland spent almost 800 ETH to purchase eight Bored Ape Yacht Club (BAYC) NFTs, all of which included the rare hat accessory traits. The most recent one was BAYC 4024, which Memeland bought for 93.8 ETH (~$152,000). The most expensive of the eight was BAYC 2059, purchased for 132.7 ETH or around $215,000. The total amount for the buying spree was 796.87 ETH or around $1.3 million at current prices. 9GAG Loading Up on BAYC…

Google Cloud reportedly invested $300 million into artificial intelligence (AI) startup firm Anthropic, which also received over $500 million in funds from former FTX CEO Sam Bankman-Fried about six months before FTX catastrophically collapsed.While the $300 million figure was reported by Financial Times on Feb. 4, Anthropic confirmed the investment partnership with Google Cloud on the same day despite not disclosing any figures:We’re excited to use Google Cloud to train our AI systems, including Claude! https://t.co/IaqQ5lpJrP https://t.co/vOn5Cj4sPt— Anthropic (@AnthropicAI) February 3, 2023 In the same announcement, Anthropic also confirmed that they previously raised capital from Bankman-Fried and former Alameda Research CEO Caroline…

Japanese artist Takashi Murakami and Swiss luxury watchmaker Hublot have joined forces to unveil a collection of watches linked to NFTs. In fact, this marks their fourth artistic collaboration, drawing inspiration from 1970s Japanese video games and TV shows. The NFTs are also modeled after the Classic Fusion Takashi Murakami All Black watch launched in 2021. Murakami and Hublot are teaming up again to drop NFT-backed watches. Credit: SJX Watches. Murakami X Hublot Debuting In Geneva? The collection will debut at the 2023 Watches & Wonders trade show in Geneva, featuring 13 unique NFTs, each tied to a physical watch.…