“In less than 24 hours since megastar Will Smith permanently damaged his public image by slapping Chris Rock, a man half his size, the cryptosphere has launched at least two projects claiming to somehow put the event on the blockchain. Despite no obvious logical connection between crypto and The Slap Heard Round the World, new digital assets even appear to have generated sales.” (CoinDesk columnist David Z. Morris)… “At a ‘Metaverse Cocktail Hour for Fashionistxs’, hosted by Cash Labs, it was very clear who had MANA and who didn’t. My avatar was dressed simply , with a default hairstyle and a default black turtleneck. Users with fancier gear — massive sets of wings, bear suits, swarms of digital butterflies — stole the show. (CoinDesk Columnist Will Gottsegen)… “Among the digital asset rules the administration is seeking to update are changing mark-to-market rules to include digital assets; the reporting requirement by certain taxpayers of foreign digital asset accounts; the provision of information reports by financial institutions and crypto brokers; and treat securities lending as non-taxable to include other asset classes and “meet income inclusion. The administration estimates that modernizing these rules will generate nearly $11 billion in revenue between 2023 and 2032, with more than $4.8 billion from the first year of applying mark-to-market rules to digital assets.” (CoinDesk) … “After dropping during the peak of COVID-19 lockdowns in 2020, the rates at which so-called prime-age workers – those aged 25-54 – are working or looking for work have returned to those of pre-pandemic levels.Yet, with the economy growing faster than in recent decades, the demand for labor has exceeded the availability of workers – at least in terms of wages and benefits offered. by employers.” (The New York Times)


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