Cryptocurrencies and the food industry might not seem like the most intuitive pairing — one based in the digital realm and the other firmly rooted in the physical. But going back to the earliest days of crypto, the very first real-world use case for Bitcoin (BTC) was food-related. On May 22, 2010, Laszlo Hanyecz enacted the first documented commercial BTC transaction, buying … [Read more...] about How can the Metaverse help the food industry?
Industry
Crypto industry seems willing to adopt FATF travel rule: Survey
The cryptocurrency industry is eager to comply with the Financial Action Task Force's (FATF) so-called Travel Rule, and appears willing to work with regulators in order to expedite the process, a new survey found.As per a survey conducted by Notabene, a crypto compliance firm based in New York, most of the crypto industry will be Travel Rule-compliant by Q2 2022. Currently, the … [Read more...] about Crypto industry seems willing to adopt FATF travel rule: Survey
India’s Crypto Industry Awaits New Budget
“For example if it is a commercial transaction then appropriate GST (good and service tax) guidelines can be levied. If it is an investment, capital gains tax can be levied. If someone is trading crypto very actively, then they can file for taxes as a business. And if at all, a foreign transaction is involved it should be reported to RBI (the Reserve Bank of India, the central … [Read more...] about India’s Crypto Industry Awaits New Budget
Blockchain and the evolution of business models in the game industry
The first computer games were developed in the late 20th century with the sole purpose of entertaining their audience. One of the first goals was to distract players from their routine work and provide them access to a fantasy world. Very soon, games began to compete for users' time against traditional forms of entertainment, such as movies, circuses, theater performances, … [Read more...] about Blockchain and the evolution of business models in the game industry
Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems
Last week, Vitalik Buterin, Ethereum (ETH)'s co-founder, voiced his disapproval regarding the emergence of cross-chain bridges, citing security vulnerabilities due to their interdependency. In the days that followed however, developers working on cross-chain technologies largely dismissed his skepticism. In a statement to Cointelegraph, Kadan Stadelmann, chief technology … [Read more...] about Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems