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FTX to Face Independent Investigation, Federal Appeals Court Rules
22.1.2024
An independent bankruptcy examiner must complete an investigation into the collapse of FTX, a federal appeals court ruled Friday. In violation of U.S. bankruptcy code The ruling, delivered by the Third Circuit Court of Appeals in Philadelphia, argues that to not appoint an independent examiner...
Study Shows Number of Crypto Developers Up by 52% Since 2018
20.1.2024
Over the past five years, the number of established developers with more than 2 years experience of working in crypto grew at an annualized rate of 52%. According to the findings of a study, established developers (2+ years) together with emerging developers make an average of three times more code...
Michael Saylor Alerts Bitcoin Community Amid Rising Tide of Deepfake Scams
16.1.2024
Source: Pixabay MicroStrategy founder and tech titan Michael Saylor has issued a warning about the influx of AI-generated deepfake scams in the Bitcoin community. The alarm follows several reports last week flagging fake AI-generated videos of Saylor reportedly promising to “double...
Steward of Bitcoin Software Explains Why She Nixed an Acrimonious Code Debate
11.1.2024
"All it was doing was generating noise," the Bitcoin Core maintainer Ava Chow says of Luke Dashjr's pull request, which would have severely curtailed the use of Ordinals
Russia Will Begin Collecting Taxes in Digital Rubles from 2025
3.1.2024
Source: Valery/Adobe Russian tax authorities will start collecting taxes in digital rubles from 2025, with banks also handed powers to block “suspicious-looking” CBDC transactions. Per the media outlet Klerk, recent tax code amendments – signed into law by President Vladimir Putin late last year...
Vladimir Putin's Signature Brings Digital Ruble Into Russia's Tax Code
21.12.2023
Russia's digital ruble has been integrated into the nation's tax code after its President Vladimir Putin signed the move into law
Putin Green-lights Russian Digital Ruble Tax Law
21.12.2023
Source: chase4concept/Adobe Russian President Vladimir Putin has signed off on a law that will see the digital ruble incorporated into the nation’s tax code. Per Telesputnik, the new law sees terms like “digital ruble” and “digital ruble wallet” added to the code. The law also allows bailiffs...
Crypto Tax Software CoinTracking Launches Services in the UK to Demystify Tax Code
19.12.2023
Source: Adobe/amirul syaidi Digital asset tax solution, CoinTracking has launched its services in the UK providing investors multiple opportunities for tax calculations, and payments as well as keeping tabs on compliance requirements. A Dec 19 press release shows the roadmap of the firm’s...
OKX Wallet Users Warned to Update App to Avoid Code Vulnerability
19.12.2023
Blockchain security firm Certik has warned OKX Wallet users to update their iOS app after a critical Remote Code Execution (RCE) vulnerability was found in a previous version
Cracking the Code: LMEOW Token’s SEO Dominance with AI-Infused Marketing
18.12.2023
In the vast and competitive landscape of cryptocurrency, the visibility and reach of a token are pivotal. Welcome to the forefront of innovation – LMEOW Token, not just a meme coin sensation but a trailblazer in the realm of SEO dominance through AI-infused marketing strategies. LMEOW...
Ledger Exploit Drained $484K, Upended DeFi; Former Staffer Linked to Malicious Code
14.12.2023
Hackers stole almost $484k after inserting malicious code into Ledger's Connect Kit on GitHub on Thursday. Several decentralized finance (DeFi) protocols have been impacted and users are being warned to avoid using decentralized apps (dApps) until further updates
Bitcoin Developer Luke Dashjr Registers Ordinal Inscriptions Workaround as a Vulnerability
13.12.2023
Luke Dashjr, Bitcoin developer and CTO of Mummalin, has registered a method that allows Ordinal inscriptions to be saved on the Bitcoin blockchain as a code vulnerability. The vulnerability, CVE-2023-50428, states that “datacarrier size limits can be bypassed by obfuscating data...
Japan Mulls Exempting Companies From Paying Taxes on Unrealized Cryptocurrency Gains
9.12.2023
Japan is considering exempting corporations from paying unrealized gains income taxes related to cryptocurrency holdings. The measure, proposed as part of a reform in Japan’s tax code, would allow companies to avoid paying taxes for cryptocurrencies even if their market value changes during...
Starfield Testers Had To Unionize To Get A Copy Of The Game
8.12.2023
Microsoft has agreed to add 77 temporary game testers the recently established quality assurance union at ZeniMax Studios. In a breakthrough moment for the industry’s growing labor movement, 23 of the workers will become full-time, while all will get raises and free copies of Starfield,...
Code Is Not (Always) Law
7.12.2023
Sometimes, the law is the law, industry experts say
Rewarding Hackers With Bug Bounties ‘Inherently Creates a Moral Hazard’ Says Expert
7.12.2023
Rewarding hackers who agree to return a portion of the stolen funds not only “creates a moral hazard” but potentially “leads to more security breaches,” a Web3 expert has argued. The recent attacks on Kronos and Kyberswap, as well as the subsequent attempts to engage...
Developer Says Ordinals Are Exploiting a “Vulnerability” to Spam Bitcoin Network, Proposes Bug Fix
6.12.2023
Image Source: Pixabay Bitcoin Core developer Luke Dashjr has proposed a bug fix to potentially alleviate the network congestion caused by new Ordinals and BRC-20 tokens. In a recent post on X (formerly Twitter), Dashjr claimed that these tokens are taking advantage of a vulnerability within...
Australia Considers Sector-Specific Codes for Addressing Banking and Crypto Scams
30.11.2023
Source: AdobeStock / FiledIMAGE The Australian Department of the Treasury is considering applying sector-specific codes and standards to banking and cryptocurrency scams as part of its proposed framework. On November 29, a consultation paper titled “Proposed Scams Code Framework,” aimed...
Xbox Exec Says AI Can 'Take Care Of' All Sorts Of Game Dev Problems
29.11.2023
Xbox’s chief financial officer, Tim Stuart, recently shared how excited he was about AI technology being used in game development. During a November 28 summit, Stuart told audience that it can now translate and localize games, handle coding, and even test games, too, which begs the question:...
TokenFi Brings No-Code Token Creation on Ethereum Goerli Chain
24.11.2023
Source: Pixabay Crypto and asset tokenization platform TokenFi announced a new Token Launcher that simplifies token creation on the Ethereum Goerli chain. The innovative token creation service will allow users to generate tokens “without touching a line of code.” This means that users can customize...