Day: August 3, 2021

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Zuckerberg’s Vow to Make Facebook a Metaverse Company Roils DeFi Community

At this point, we really shouldn’t be surprised when Mark Zuckerberg courts controversy. But on July 28, he actually told investors on an earnings call that Facebook would become a metaverse company in the future. Huh?  Maybe Zuckerberg was just tossing off the latest buzzword to goose Facebook’s stock. Or maybe he truly believes that …

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Crypto Tax Debate On Capitol Hill Signals Big Changes for DeFi

Taxing cryptocurrencies just picked up serious momentum, with potentially serious ramifications for DeFi.  The U.S. Senate’s $1 trillion infrastructure package now under consideration includes a provision that would tax transactions involving Bitcoin and its ilk to raise around $28 billion in funding. That means swapping Ethereum and other DeFi tokens may have to be recorded …

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Art Blocks NFTs Soar as Savvy Collectors Snap Up Edgy Pieces

While all eyes remain on red-hot NFT avatars like Cryptopunks and Bored Apes, some savvy collectors have been quietly amassing Art Blocks in recent  weeks. The hook? Art Blocks specializes in a revolutionary genre called Generative Art that’s been around a long time but has found new life in the spellbinding world of NFTs. Demand …

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When $114M in CryptoPunks Sell, So Do Other NFT Projects

CryptoPunk sales exploded over the past week, and the rest of the NFT market is coming along for the ride. The OG NFT avatar project has always been the biggest tour de force in the NFT marketplace, but recently the project has seen an unprecedented amount of sales, in both volume and value. From July …

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