A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pandemic-related movement restrictions. Music Studio Accepts Crypto Mutscon Music has also chosen to accept cryptocurrencies because this form of payment enables Zimbabweans, including those in […]

ICOs began to emerge in the crypto space and are increasingly being adopted in startups as the crypto industry matures. They are a crowdfunding strategy in which digital tokens are distributed to early investors. The method that follows assists the project finances in the development of the project. However, this is an excellent opportunity to put a project on the […]

Global professional services firm Ernst & Young (EY) continues exploring the potential of blockchain technology to improve taxation processes with a new initiative. The company announced Wednesday that EY completed a blockchain-based project to address complexities and inefficiencies in the cross-border withholding tax (WHT) process, generally a paper-based process where data could be lost or not shared properly due to […]

Nowadays, everything appears to evolve too quickly, and we do not have the opportunity to keep up with new technologies. Since Bitcoin has been invented, a lot of new ways of making income have appeared. Staking, trading, learning, or even creating your own token becomes much more accessible day by day; everything is a click away from us. But how […]

The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual funds or ETFs that performs in parallel with Bitcoin (BTC). ProFunds provides an alternative to the traditional methods of holding cryptocurrencies via wallets or crypto exchanges with this service.  Sharing details on how ProFunds plans to enable investment […]

Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability to decentralize products and services has long been among its key value propositions, especially when providing more democratized access to these […]

Last-minute additions to the bipartisan infrastructure deal in the United States Senate saw lawmakers propose expanded cryptocurrency taxation to raise an additional $28 billion in revenue. The proposal will implement tighter rules on businesses handling crypto, expand reporting requirements for brokers and mandate that digital asset transactions worth more than $10,000 are reported to the Internal Revenue Service. Senator Rob […]