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US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule
17.9.2021
A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts...
Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion
16.9.2021
On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market...
Monsta Infinite Lists on AscendEX
16.9.2021
PRESS RELEASE. AscendEX is thrilled to announce the Monsta Infinite token (MONI) listing under the trading pair USDT/MONI on Sept. 15 at 1 p.m. UTC. In celebration of the MONI listing, AscendEX and the MONI team will launch seven limited-time promotional events for users to earn token rewards....
Shadow Roots and Inheritance
16.9.2021
There is a helluva gotcha with styling a <details> element, as documented here by Kitty Guiraudel. It’s obscure enough that you might never run into it, but if you do, I could see it being very confusing (it would confuse …
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Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
16.9.2021
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K...
Dogecoin Rival Shiba Inu Spikes in Value While DOGE Prices Flounder, SHIB Jumps 21% in 24 Hours
16.9.2021
While the dogecoin’s token price has floundered during the last seven days, the meme-coin’s rival shiba inu (SHIB) has moved up the ranks in terms of weekly gains. Dogecoin has shed 5.8% during the last week, but shiba inu has spiked 21.3% during the course of the week and 21.1%...
Coinbase Files to Offer Cryptocurrency Futures and Derivatives Trading
16.9.2021
Cryptocurrency exchange Coinbase has filed an application with the National Futures Association (NFA) to offer futures and derivatives trading on its platform. The exchange says its new offerings aim to “Further grow the cryptoeconomy.” Coinbase Registers to Offer Crypto Futures...
SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending’
16.9.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the crypto sector. SEC Chair Gensler Says More...
One Of 2021's Best Games Is A Match-3
16.9.2021
Oh my goodness, there is so much going on in Day Repeat Day. I went into it knowing absolutely nothing, and came out having learned an enormous amount and yet having so many questions. To be asinine, this exists on the midpoint between a Papers Please-like, and a lost phone game, with…match-3....
AMC Confirms Plan to Accept Bitcoin, Ethereum, Litecoin, and Bitcoin Cash
16.9.2021
The world’s largest movie exhibition company, AMC Entertainment, has announced its plan to accept cryptocurrencies by year-end. AMC CEO Adam Aron says the entertainment giant will accept bitcoin, ether, litecoin, and bitcoin cash. AMC Prepares to Accept Cryptocurrencies AMC, the largest...
Bitcoin ledger as a secret weapon in war against ransomware
16.9.2021
HUMAN Protocol (HMT) Announces Listing on Bitfinex
16.9.2021
September 16th, 2021 09:00 UTC – The HUMAN Protocol Foundation, the team behind HUMAN Protocol, have announced today that the Protocol’s native utility token, HMT, is listed on Bitfinex. Bitfinex is one of the crypto world’s legacy exchanges. It consistently performs as one...
IRS, Janet Yellen Press Lawmakers to Push ‘Tax Compliance Agenda’ — Banks to Report Deposits, Withdrawals of $600
16.9.2021
On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from American bank accounts. Regardless of tax liability, financial institutions across...
Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform
16.9.2021
The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of the prospective digital...
Africa Has Some of the ‘Highest Grassroots Adoptions in the World’ — Chainalysis Crypto Preview
16.9.2021
While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region has “some of the highest grassroots adoptions in the world.” African Volumes Mainly Composed of Retail Transfers...
China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal
16.9.2021
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of...
Opensea NFT Marketplace Claims Employee Profited From Insider Information
16.9.2021
On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there...
ABEY Is One of the Fastest-Growing Blockchains in the World Adding 20,000 New Addresses Each Week
16.9.2021
This week, ABEY has announced that it has been adding an average of 20,000 active ABEY 2.0 addresses each week since the beginning of August 2021, making it one of the fastest-growing blockchains in the world and finishing an exceptional week that included the ABEY token being listed on Liquid...
Canada’s ‘Mad Max’ Supports Bitcoin — Says ‘I Hate How Central Banks Are Destroying Our Money and Economy’
16.9.2021
Maxime Bernier, a former cabinet minister nicknamed “Mad Max” and the leader of the People’s Party of Canada (PPC), says he supports bitcoin and cryptocurrencies. “I hate how central banks are destroying our money and economy … cryptos are another new...
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...