Decentralized Finance (DeFi) is a relatively new and fast-growing concept in the world of finance. And, thanks to protocols like Barnbridge, it offers an alternative financial infrastructure for those willing to step away from traditional financial systems. In this feature, we will take a look at the concept of decentralized finance, along with Barnbridge tokenized … Read more
While tech behemoths are filling their bags with billions of dollars worth of crypto, gamers are breaking new grounds in the NFT scene. Since CryptoKitties went mainstream in November 2017, non-fungible tokens (NFT) have gained more traction. Some pundits argue they are tipped to dominate the industry in 2021. Pokemon-inspired blockchain gaming platform Axie Infinity … Read more
LiteBringer blockchain game is another of the new generation of games to utilize blockchain technology. Moreover, it is the first decentralized game on the Litecoin blockchain. LiteBringer is a mixture of genres in one. It is according to developers, Ciipsoft, ‘a trading simulation and idle game with RPG elements. An immortal game where the players … Read more
Yield farming protocols such as SushiSwap are taking the decentralized finance world by storm. In short, yield farming refers to the lending of cryptocurrencies via decentralized exchange (DEX) liquidity protocols. In return for providing liquidity, farmers receive rewards that can reach over 100% APY on some coins. Needless to say, this would put any standard … Read more
When it comes to taxes on crypto, the Internal Revenue Service (IRS) classifies Bitcoin and other cryptocurrencies as property. Therefore, the general tax principles that apply to property transactions such as stocks and shares, also apply to taxes on crypto. And as a result, the IRS holds all crypto investors and traders responsible for reporting … Read more
Axie Infinity is a Pokémon inspired blockchain game, in which you breed and collect fiery little creatures known as Axies. Axies are little ‘pets’, who love nothing more, than to explore the far reaches of their Universe, fighting in mortal combat, campaigning in far flung galaxies, searching for treasures, and breeding new little Axies. Oh … Read more
