President Biden’s government proposed a significant change: increasing the federal capital gains tax rate to 44.6% for those earning over $1 million annually. This would mark the highest such tax rate in U.S. history. If enacted in this budget, it would mean an income boost of approximately 250% for affected households. The objective behind this … Read more
On Wednesday, April 24th, SlowMist, a security firm for blockchains, announced that Lazarus Group, a suspected hacking gang from North Korea, has been attempting to infiltrate the cryptocurrency sector by creating phony LinkedIn profiles and targeting industry workers. Lazarus poses a significant risk to the cryptocurrency market. This malicious group has managed to steal approximately … Read more
Manchester City Football Club (MCFC) has teamed up with Quidd, a novel digital collectible platform, for the first time in the Premier League. Launched in 2016, Quidd enables fans to explore, trade, and amass certified digital collectibles from authorized brands. Supporters have the opportunity to acquire digital collectible cards featuring athletes’ images. Once they accumulate … Read more
In simpler terms, Chainlink, a trailblazer in the field of decentralized computing, has made its Cross-Chain Interoperability Protocol (CCIP) publicly available for use. This means that developers can now easily facilitate cross-chain transactions and engage with smart contracts across different platforms, all while ensuring security. The Chainlink Contracts Interface Product (CCIP) is now open for … Read more
In simpler terms, Chainlink’s Cross-Chain Interoperability Protocol is now available for all to use, signifying progress towards improving communication between different blockchains. This protocol facilitates the exchange of tokens and communication between smart contracts on various blockchain networks. It also enables calling functions on smart contracts situated on different blockchains, improving the ability for smart … Read more