GameFi: Transforming Digital Entertainment and Unlocking Economic Opportunities

This is a contributor content by Aliaksandr Sheliutsin, Co-founder of GameFi project ZombieTrain. GameFi is the new generation of digital entertainment wherein blockchain and gaming come together to create something quite differently new. GameFi, in that respect, is terra incognita for players, developers, and investors alike. Hosts of sites go beyond the conventional paradigm to an integrated … Read more

Public Canadian Firm Swaps CAD for BTC: Matador Technologies Joins the Bitcoin Treasury Revolution

According to an announcement unveiled on Monday, Matador Technologies Inc., a Canadian publicly listed outfit, declared it’s adding bitcoin to its balance sheet. Matador Technologies Aims to ‘Future-Proof’ Its Treasury Matador, a crypto venture launched in 2014, trades on the TSX Venture Exchange with the ticker MATA, and will now keep bitcoin (BTC) in its … Read more

Singapore Issues 13 Crypto Licenses In 2024, Outpacing Hong Kong’s Slow Progress

Singapore has granted 13 cryptocurrency licenses to major industry players, including OKX, Upbit, Anchorage, BitGo, and GSR, in the past year. This marked more than double the licenses issued by the city-state in 2023. Meanwhile, Hong Kong’s efforts to establish itself as a crypto-friendly financial center have lagged, with its licensing process progressing at a … Read more

IRS Reaffirms Staking Rewards Are Taxable, Says They Are Not New Property

The US Internal Revenue Service (IRS) has reiterated its stance that staking rewards are taxable income upon receipt, rejecting claims that they should be treated as new property and taxed only upon sale. The clarification comes amidst a legal challenge from Joshua and Jessica Jarrett, who argue that staking rewards should not be taxed until … Read more