onomiblock

According to the earlier announcement, Cardano is eyeing an expansion into Africa. The plan is set for 2022 . Cardano has reached the end of 2021 with a slew of impressive accomplishments . In the excitement for the coming year, the firm expects to level up its game with promising developments and innovations. In 2022, Cardano’s major focus and strategic plans are settled down in Africa. The revelation came from a Youtube video posted by Charles Hoskinson, Cardano’s founder on Christmas Eve. Hoskinson mentioned the future prospects of Cardano, saying that DeFi has the ability to change to bring light to the financial situation in the continent and Cardano is on a mission to make it work. What Is Happening With Cardano? The founder of Cardano said that the firm aims to set up DeFi services in the region, including loans, and plans to continue expanding Cardano’s reach in the continent. Hoskinson hopes to discover a way to pull all of the elements together by Q2 2022 in order to c...

Think Dogecoin is a joke? Think again because Elon Musk is seriously embracing the cryptocurrency that started off as a meme. Elon’s interest in Dogecoin is not a big secret . Tesla’s CEO even strongly shows support for that cryptocurrency at most of his public speeches. In the latest podcast hosted by Lex Fridman, Elon pointed out that Dogecoin has been so far the best cryptocurrency when put on a fundamental scale. Elon Loves the Doge! Elon also highlighted certain disadvantages of Bitcoin – the largest cryptocurrency in the world. Basically, “Bitcoin is comically slow in 2021,” the centibillionaire reminded. Dogecoin, on the other hand, is highly beneficial due to low transaction charge, which results in an increase of transaction volume. While Elon may be out of his mind with the over-support, it’s undeniable that his statements have a significant impact on the cryptocurrency market and Bitcoin price this year. As stated, Elon is holding Bitcoin, Ethereum and Dogecoin. How...

At the age of 73, Ozzy Osbourne’s capability is amazing. The artist just listed NFT tech as his new target and the star seems to be taking his intention to a whole new level. What’s The Difference? Unlike NFT releases of other famous figures, Ozzy Osbourne’s first NFT collection focuses on the special use case of NFTs. The collection, dubbed “ Cryptobatz ”, are able to transform NFTs from other collections to new NFTs. In other words, Cryptonatz NFTs will “bite” other NFT collections and form MutantBatz. The new NFTs acquire features of both collections and because each collection is distinctive, the “newborn babies” – MutantBatz – are completely unique. The “biting” feature is expected to blow a wind of change through the world of NFTs. Further questions regarding how it could happen or the accuracy of this interesting feature are unavoidable. But if Osbourne proves it right at the beginning of the next year, there is a lot of space for NFT growth. The rock legend is working c...

We sat down with the CEO and co-founder of Dreamr, Christopher Adams, to discuss their vision for the future of Dreamr. Dreamr is a next-generation social platform for giving creative individuals, artists, and startups access to like-minded communities and funding. CEO and co-founder of Dreamr, Christopher Adams Although the Dreamr platform and community are relatively new, the team has already established a governance token, a set of NFTs, and a mobile app for both iOS and Android. Hi Chris, nice to meet you. First, can you tell us a little about who you are and your role at Dreamr?   Hey guys! Nice to meet you as well. My name is Chris Adams, and I am the Co-Founder and CEO of Dreamr Inc. At Dreamr, we believe in the infinite potential of the human spirit, and we are creating a technology platform that provides the tools and resources for people to pursue their dreams. My role is being simultaneously the visionary and the operator. We are still in the startup stage, so I...

The rise of the cryptocurrency industry, alongside the high profits that people can earn through the purchase, trade, and investment of digital currencies have encouraged governments throughout the world to update their taxation policies, in order to take crypto-based profits into account. However, cryptocurrencies are very dynamic, whereas keeping track of all transactions for taxation purposes is bound to be a difficult endeavour. Additionally, regulatory taxation frameworks lack standardization, thus leading to a status-quo that confuses most digital currency holders. The appropriate philosophy behind taxes is that the process should be streamlined and easy to follow – however, we are in the presence of an emerging market, where financial institutions are still trying to figure out the best approaches towards cryptocurrency taxation. Thus, tax-paying citizens must learn the ropes on-the-go while adapting to potential policy changes. Luckily, thanks to the presence of digital cur...

Koinly is an online crypto tax platform that allows you to monitor all your crypto activities and generate regulatory compliant tax reports. Koinly allows you to integrate your wallets and keep track of activities including trading, mining, staking, lending, and airdrops and simplifies the process of recording all the ins and outs. Koinly can be used to automatically import transactions, and monitors all market prices, wallet transfers, calculates your crypto gains/losses, and generates tax reports. The platform is available in over 20 countries and integrates over 6,000 blockchains, 350 exchanges, and 75 wallets and provides a comprehensive crypto tax reporting service. The platform can be used for free with paid plans ranging from $49 to $279 per tax year. Visit Koinly Overview Koinly was founded in 2018 by Robin Singh and the company retains business locations in the UK, US, Sweden, and Germany. The company operates out of retains a presence in Palo Alto, California 95124, ...

So, you’re a seasoned cryptocurrency investor that has placed hundreds, if not thousands of trades over the past 12 months. While this is likely to be a logistical nightmare for your tax reporting endeavors – this doesn’t matter, because cryptocurrency profits are not taxed, right? Wrong! On the contrary – while the specific tax treatment of cryptocurrency trading will vary from jurisdiction-to-jurisdiction, a significant number of tax authorities now require you to include cryptocurrency capital gains within your tax return. As such, it is absolutely fundamental that you get your cryptocurrency taxes in order – otherwise, you could be getting a rather demanding letter from your local tax authority. Ultimately, tax evasion is a serious crime regardless of where you are based, which is why it might be worth considering an automated cryptocurrency tax platform like BearTax . The platform allows you to track all of your cryptocurrency trades in an autonomous manner, meaning the unde...