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The cryptocurrency community has ridiculed well-known Bitcoin (BTC) critic Charlie Munger, vice chairman of Berkshire Hathaway, for calling the United States to follow in the footsteps of China and ban crypto.In an op-ed article in The Wall Street Journal, the 99-year-old investment veteran has once again slammed crypto, calling a cryptocurrency a “gambling contract with a nearly 100% edge for the house.”Munger also said that a cryptocurrency is “not a currency, not a commodity, and not a security,” adding that “obviously” the U.S. should enact a new federal law that would ban crypto.According to Munger, the best way to approach crypto…

Blockchain Crypto infrastructure firm Oxhead Alpha partners with California’s Department of Motor Vehicles (DMV) to make it more efficient using blockchain technology. Thus, this innovative and strategic partnership with the crypto firm is one of a kind for the state’s agency, which has always functioned with endless bureaucracy. California, the US state with the highest number of car registrations, will verify car registrations and details through blockchain technology. The President of Oxhead Alpha, Andrew Smith, commented: The partnership with the DMV [Department of Motor Vehicles] is almost a perfect matchup of a system based on paper that has been crying…

NFT With its third consecutive month of growth, the NFT market looks like it is taking a turn for the better. According to the Dapp Industry Report: January 2023 by DappRadar, the NFT market registered $946 million in trading volume from a total of 9.5 million sold NFTs. The trading volume is also the highest since June 2022. However, that might not be the most impressive stat. June 2022 was the same month the NFT market crashed from sales of over three billion in May. In October and November last year, the NFT market saw only $662 million in trading…

Denim fashion brand, Wrangler Jeans is partnering with top PFP NFT project, Deadfellaz. This is not the first time Wrangler Jeans is venturing into the world of NFTs, however, Deadfellaz is looking to build a lasting partnership with the brand. What’s green and wears denim? Courtesy: Deadfellaz Deadfellaz X Wrangler: Cowboys + Zombies Deadfellaz announced the partnership that will see a merging of Web2 and Web3 via a tweet which was then retweeted by Wrangler Jeans’ official account. Furthermore, they also stated that they will host a competition to kick off the partnership. In true Deadfellaz style, the competition allows Deadfellaz fans…

beginner Are you curious about Bitcoin mining and its legal implications? As cryptocurrencies become more mainstream, there has been an influx of interest in Bitcoin mining. Many people choose to commit their time, money, and energy to this new digital gold rush. However, some very important questions come with all the hype surrounding Bitcoin mining: Is it legal? In this blog post, we will examine various aspects of Bitcoin mining legality as well as other key points that miners should consider. Read on to learn more about the laws governing crypto-mining operations around the world! What Is Bitcoin? Bitcoin is…

My Neighbor Alice adds the final community quest of alpha season 2. Players can contribute to these quests, helping to construct buildings that will appear in season 3. With the latest quest, players can even choose a size for the landmark building based on which team they join. Well into season two of alpha, which ends on February 14th, My Neighbor Alice reveals the final of four community quests. Not only can players earn rewards by helping to complete these quests, but the results of the quests will determine some of what happens in season 3 of the alpha! The…

Crypto tax planning can help optimize taxes by identifying opportunities to minimize tax liability on cryptocurrency transactions. For instance, donating cryptocurrency to a charitable organization can provide a tax deduction and also avoid capital gains tax on the donated assets.Crypto tax-loss harvesting is another strategy that cryptocurrency investors use to reduce their overall tax liabilities. This article will discuss the concept of tax-loss harvesting strategy, how it works and the challenges involved.What is crypto tax-loss harvesting?Crypto-tax loss harvesting is a tax strategy that involves selling a cryptocurrency at a loss in order to offset any capital gains that may have…

Among the plethora of celebrities that have gotten involved in the NFT space, Steve Aoki and Seth Green are two of the most prolific. It would make sense then that they have chosen to team up for “Dominion X: Level 2”, a stop-motion animated project that will let NFT holders make decisions about its future. Details About Dominion XThis project will be coming to Shibuya.xyz, a web3 video streaming site which launched last year. It will see contributions from Seth Green’s Stoopid Buddy Stoodios and its development will unravel over a 6-week process.We’re excited to announce Shibuya’s first external IP, Dominion…

NFT Job adverts posted on LinkedIn hint that eBay’s NFT platform, KnownOrigin, is set for an expansion push. The e-commerce giant, which started allowing the buying and selling of NFTs in 2021, acquired NFT marketplace KnownOrigin back in June. Jobs posted in the past week include a head of community, a content designer and a tech lead. EBay is also hiring for a crypto counsel to advise on regulation, tax, finance, privacy, information security, IP, web3, NFTs and crypto-assets. The hiring push comes amid gloom elsewhere in the market, as crypto native businesses slash jobs and halt recruitment. Last week,…

Bitcoin Ordinals cause fees to spikeThe Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and, in the process, hiking the transaction fees on the network.The divisive newly launched protocol allows for nonfungible token (NFT) assets on the Bitcoin mainnet by inscribing satoshis with content.So far, inscriptions have included content such as images, documents including a PDF file of the Bitcoin white paper and even a fully playable clone of the video game DOOM.The 31.2 kilobyte DOOM clone (pictured) will now forever be playable on Bitcoin. Image: OrdinalsOn Feb. 2, independent developer, Udi Wertheimer, tweeted he had…