An Instagram Model Launched a DAO to Build Web3 Social Media

An Instagram Model Launched a DAO to Build Web3 Social Media

Key Takeaways IreneDAO has become the talk of the crypto space after its first NFT collection soared in value on the secondary market. Irene Zhao launched the DAO to show the promise of her decentralized social media project SO-COL. Other similar NFTs have gained traction in recent months, while DAOs have also taken off. Share … Read more

TokenBot helps crypto traders build social communities and monetize market knowledge

TokenBot helps crypto traders build social communities and monetize market knowledge

There are many advantages to automating one’s trading tactics instead of pointing and clicking with a mouse. For starters, bots can execute trading decisions free of emotion, are lighting fast, and have far fewer margins of error. According to CNBC estimates, crypto trading bots account for 70% to 80% of the overall trading volume.TokenBot is … Read more

Expert’s advice on crypto: Is invest and forget the best way to build wealth?

Financial Express - Business News, Stock Market News

Representative imageBy Edul PatelWe must’ve heard multiple stories about people investing in XYZ stocks ten years back and forgetting about them, which eventually turned into millions of bucks currently. Although this seems to be a fairytale story, it does not necessarily mean that this will always hold true. Several companies went bust, and investing in … Read more

FTX Backs CoinMENA In $9.5M Seed Round To Build A Crypto Exchange For The Middle East

FTX Backs CoinMENA In $9.5M Seed Round To Build A Crypto Exchange For The Middle East

Headquartered in Bahrain, fiat-to-crypto exchange CoinMENA has secured $9.5M in seed funding from BECO Capital, Kenetic Capital, Arab Bank Switzerland, Bunat Ventures, FTX investment arm Alameda Research and Girnas Capital.  Launched in early 2021 by Dina Saman, Talal Tabbaa, and Yazan Barghuthi, CoinMENA was built to facilitate easy and safe access to crypto investing in … Read more

Build Back Better Act would close tax loophole for crypto investors

Build Back Better Act would close tax loophole for crypto investors

Photo by Mike Kline (notkalvin) | Moment | Getty ImagesProposed legislation unveiled Thursday as part of Democrats’ $1.75 trillion social and climate spending plan would close a tax loophole for cryptocurrency investors.The Build Back Better Act would subject crypto transactions to “wash sale” rules, an anti-abuse measure that currently applies to stocks, bonds and other … Read more

World has wasted chance to build back better after Covid, UN says | Climate crisis

The world has squandered the opportunity to “build back better” from the Covid-19 pandemic, and faces disastrous temperature rises of at least 2.7C if countries fail to strengthen their climate pledges, according to a report from the UN.Tuesday’s publication warns that countries’ current pledges would reduce carbon by only about 7.5% by 2030, far less … Read more