While some have appointed themselves the harbinger of doom where non-fungible tokens (NFTs) are concerned, the truth is that NFTs aren’t going away anytime soon. And neither is the evolving convention known…
Tag: Cash
Art Industry News: Forget Mowing Lawns—Teens These Days Are Making Extra Cash by Minting NFTs + Other Stories
Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Monday, August 16….
Teens Cash in on the NFT Art Boom
Last fall, Randi Hipper decided to, as she put it recently, “go in-depth with the crypto space.” After hearing about NFTs on Twitter and other social media platforms, Ms. Hipper, then a…
Venmo customers can buy crypto with their cash back
The mobile payment service will facilitate auto-purchases of Bitcoin, Ether, Bitcoin Cash and Litecoin PayPal-owned mobile payment service Venmo announced yesterday it was launching a new service for Venmo Credit Card customers…
Why The Next Big Thing In The Digital Economy Is A Cash Cow For The IRS
Non fungible tokens (or NFTs) are gaining popularity among digital investors but trading in them can … [+] come with steep tax consequences. getty Sales and trading in nonfungible tokens (or NFTs)…
Tether (USDT) cash equivalents have increased to 85%, company reveals
Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded…
Crypto Trading Firm Voyager Acquires Coinify in $85M Cash & Stock Deal
With the latest acquisition, Voyager will be able to expand its international footprint while simultaneously expanding its business-to-business capabilities. On Monday, August 3, crypto trading firm Voyager Digital announced its acquisition of…
Cash App Reports 200% Bitcoin Revenue Rise amid Square BTC Impairment Loss
In Q2, Cash App made $546 million in Bitcoin services. The company’s gross profit rose to $55 million even with a $45 million impairment loss. Square’s (NYSE: SQ) Cash App has announced…
PayPal users can now buy $100,000 worth of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash weekly
21 remaining firms become official Libra members after Visa, Stripe, PayPal, and others pull out The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its…
Bitcoin Cash ABC Embraces Proof-of-Stake with New ‘eCash’ Rebranding
The new PoS-based eCash blockchain network will allow users to stake their coins with rewards up to 400% APY. Moreover, unlike Ethereum, the new eCash blockchain will be a low-inflation blockchain with…
