Tezos Liquidity Baking: Have Your Cake and Eat it Too
If crypto-economics is all about regulating and promoting economically rational behavior among voluntary contributors, Tezos liquidity baking is a poster child of this concept. Promoted as one of the key features of the recent Granada network upgrade for Tezos, it is expected to combine the best in Tezos’ existing governance model and a new approach […]
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The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income. A United States couple suing the federal tax agency over Tezos (XTZ) staking rewards taxation chose to forego a tactical victory and engage in a court battle that could eventually result in policy change.Joshua and Jessica Jarrett, who run a node on the Tezos network (thus “baking” new blocks, in the ecosystem’s lingo), have sued the Internal Revenue Service (IRS) over the taxes paid on the XTZ tokens created in 2019. The Jarretts filed a refund claim on....
Recent developments suggest that Tezos and its native coin, XTZ, may have placed itself in a precarious scenario. XTZ price reveals a bullish trend Key resistance spotted at $1.48 Tezos price support present at $1.44 On August 25, a group of network contributors under the name Baking Bad claimed that the cryptocurrency exchange Binance had wrongfully frozen over $1 million in assets. Meanwhile, authors further urged the Tezos community to stop supporting the Changpeng Zhao (CZ)-led group by withdrawing their funds from the exchange. Related Reading: Flow Monitoring: Why This Price FLOW....
AVAX was once again higher on Thursday, rising for its fourth consecutive session, as it further cements itself in the crypto top ten. Although RUNE was also trading by as much as 15% higher, it was CAKE that led Thursday’s gainers. Pancakeswap (CAKE) Pancakeswap (CAKE) rose to its highest level in almost four weeks on Thursday, as it moved away from its recent lows. Following a bottom of $5.37 on Wednesday, which was close to a one-year low, CAKE/USD climbed by as much as 21% today. CAKE rallied to an intraday high of $7.19 in Thursday’s session, which is its highest level....
The Pancakeswap token (CAKE) has been one of those cryptocurrencies that have been steadily growing in the background. The popularity of the decentralized exchange (DEX) contributed tremendously to its rise until it took a hit in the bear market like other digital assets. However, a new development has opened up new promises as millions of CAKE tokens have been removed from circulation. 7 Million Burned CAKE A scheduled burn had seen millions of CAKE tokens taken out of circulation. Pancakeswap announced the burn on Twitter with figures showing that a total of 7,123,715 CAKE had actually....
PRESS RELEASE. ShuttleOne, the latest project to embrace Tezos, to soon drive adoption and liquidity while resolving blockchain fragmentation.
Singapore: Tezos, the highly scalable, self-amending proof of stake blockchain protocol is opening its arms to ShuttleOne – a one of its kind Metachain solution aimed at addressing the fragmentation issues in the crypto industry. The adoption of Tezos by ShuttleOne is marked by the upcoming launch of its native $SZO token on Tezos over Instaraise IDO platform.
ShuttleOne, the operating system for blockchain-based....