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With the continued growth of the cryptocurrency ecosystem, millions of people around the world have started investing in the crypto market to take advantage of the unique opportunities it provides to generate income in different ways. CryptoTaxCalculator was created to help crypto investors in the United States, Canada, New Zealand, United Kingdom, and Australia, identify which taxes they are subject to when it comes to crypto investments easily and automatically. You can ensure that you don’t incur the IRS’s, or your local tax agency’s wrath in the future. As crypto investment grew, so did the oversight of governments around the world who started not only regulating access to cryptocurrency buying services but also decided to tax crypto holders as they would with other types of property. One of such countries was the United States, with the internal Revenue Service (IRS) classifying cryptocurrencies as property, making those investors who sold, traded, or used crypto as a paymen...

Smart money investors are increasingly backing the Polkadot cryptocurrency DOT, which has emerged as the most commonly-held asset among the world’s top crypto funds, according to a report by the crypto market analyst firm Messari . The November report showed that dozens of venture capital funds, hedge funds and mercenary liquidity providers have thrown their money behind Polkadot at a time when investors are making big bets on the future of decentralized finance, NFTs, Web3 infrastructure and the Metaverse. One thing is clear, investors believe Polkadot has big potential to disrupt all three of those nascent industries. Designed and built by Ethereum co-founder Gavin Wood, Polkadot is an attractive bet because it’s aiming to solve one of the biggest problems in the entire crypto sphere – the problem of blockchain interoperability. With hundreds of blockchains currently in existence, all operating independently of one another, there’s an urgent need to connect those disparate ecosy...

Today the Real World Asset (RWA) Market goes live.  Built on Centrifuge and Aave, the RWA Market is the first diversified money market on Aave for real world assets, bridging DeFi to the infinite potential of the real-world. It is launching with 7 pools and is already allowing liquidity providers to deposit USDC. How does this work? The Aave Protocol allows money markets to be created where people can borrow tokens by depositing collateral. Interest rates go up and down depending on the utilization of the market. RWA Market is serviced by END_Labs and allows businesses to finance their tokenized Real Estate Bridge Loans, Trade Receivables, Cargo & Freight Forwarding Invoices, Branded Inventory Financing, and Revenue Based Financing using crypto. It allows investors to diversify their portfolio with uncorrelated, stable assets. With RWA Market, the world of TradFi is taking a step towards DeFi. Aave, one of the trailblazers in the DeFi space RWA in the form of this first p...

Turkey’s Financial Crimes Investigation Board (MASAK) just filed a lawsuit against Binance Turkey after the major exchange failed to pass the investigation of the Law on Prevention of Laundering Proceeds, or the AML Law. According to Ankara-headquartered news Anadolu Agency, MASAK conducted an audit of Law No. 5549 to examine financial documents and KYC reports as well as evidence regarding users’ personal data. To pass the AML Law’s examination, companies are required to submit an immediate announcement to the authorities if there are any suspicious activities within 10 days. A Massive Give in The Old East Operational under the Ministry of Finance and Treasury, MASAK, together with the Financial Action Task Force (FATF) is on the mission to detect money laundering activities and protect people against terrorist financing. “FATF has asked for measures to be taken against crypto trading platforms,” former Treasury and Cost Minister Lutfi Elvan stated. MASAK has collected data an...

Non-fungible tokens, or NFTs, are used to track ownership of assets, whether virtual or physical, such as artworks or collection items. NFTs have been around for a long time, possibly since the inception of the blockchain. According to DappRadar data , the NFT trading volume surged to $23 billion in 2021, and this figure is expected to rise even further in the coming year. According to the Lithuania-based blockchain analytics firm, the number of unique active wallets that interact with NFTs on a daily basis has increased from 5,000 at the start of the year to around 140,000 at the end. NFTs Had an Amazing Year There are numerous factors that contribute significantly to the wave of NFTs this year, most notably the active engagement of celebrities, popular figures, famous brands, the bloom of GameFi, the investment of small to medium businesses, as well as high-profile companies. Previously, celebrities had few options for generating revenue from digital assets. If they wanted to g...

Although the paths of the co-founders of Candao, Pawel Barylski, and Robert Wesker crossed by chance, the project has come with interesting innovations to the blockchain and crypto space. Candao was founded in early 2021 but has made great progress since its launch. The project is designed with several innovative features that include Matchify Algorithms, Meta-scan, CandyPad, CandyChain, CanID, and so on. The Candao Launchpad (CandyPad) seeks to disrupt the traditional method of startup founders and entrepreneurs raising capital for their business. According to CB Insights , the top reason many businesses and startups fail is due to the lack of cash or the inability to raise new capital. Many blockchain-powered projects are seeking to leverage the power of social media to help entrepreneurs and business founders raise money for their projects. Candao’s Launchpad appears to be leading the charge in this regard. Overview of the CandyPad Candao’s CandyPad offers a progressive, allocat...

Decentralized finance continues to evolve with innovations, and MoonLift Capital is at the forefront of this trend. The blockchain protocol has launched an innovative decentralized exchange ‘’MoonLift Capital DEX’’ that has massive potential to become the top DEX on the Binance Smart Chain network. Innovative features and DeFi earning opportunities Investing in DeFi tokens can be complex, with many DeFi platforms integrating interfaces that are not user-friendly. MoonLift Capital changes this with a DEX built to ensure everyone can access and interact with DeFi products without any problems. It is a truly-community driven project that offers users the opportunity to earn passive income by placing their capital in innovative DeFi products. MoonLift DEX ecosystem includes a venture capital and the launchpad and NFT marketplace are on the roadmap to be accomplished next year. Like a traditional DEX, users will be able to swap between tokens and provide liquidity for token swaps in ...