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MUFG Bank Issues First Blockchain-powered Letter of Credit + More News
10.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Japanese financial behemoth Mitsubishi UFG (MUFG)’s banking arm has announced that it has issued its first...
Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance
23.12.2019
Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory...
8 Congress Reps Send Letter to IRS Urging Further Crypto Tax Clarity
20.12.2019
Eight U.S. representatives signed a letter to the IRS, asking the agency to further clarify cryptocurrency tax expectations
US Lawmakers Ask IRS to Clarify Crypto Tax Rules Around Airdrops, Forks in New Letter
20.12.2019
Congressmen are again asking the IRS for clarity on its recent cryptocurrency tax guidance
Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners
11.12.2019
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...
The Trick to Animating the Dot on the Letter “i”
4.11.2019
Here’s the trick: by combining the Turkish letter "ı" and the period "." we can create something that looks like the letter "i," but is made from two separate elements. This opens us up to some fun options to style or animate the dot of the letter independently from the stalk. Worried about...
Paxos Wins SEC ‘No-Action’ Letter to Settle Equities on a Blockchain
28.10.2019
The SEC has granted Paxos a no-action letter letting it settle equities products on a private blockchain
Victim of $24 Million SIM Swap Case Writes Open Letter to FCC Chairman
22.10.2019
Michael Terpin wrote an open letter to the FCC chairman, requesting to take decisive action against SIM swapping after a hacker stole $24 million
HSBC Issues First Letter of Credit on a Live Blockchain in Malaysia, Involves Firm Importing Resins
16.10.2019
The list of use cases of blockchain just got bigger as banking giant HSBC has issued a Letter of Credit on a live blockchain. The transaction involves a company called Simply Packaging for importing resin from a Singaporean company. The European bank’s Malaysian arm was the issuing party, while...
HSBC Enacts a Letter of Credit on a Blockchain in Malaysia
16.10.2019
Major bank HSBC announces first successful enactment of a letter of credit on a blockchain in Malaysia
200,000 People Have Signed Ross Ulbricht’s Clemency Petition
4.10.2019
Ross Ulbricht is forced to spend the rest of his life in prison, and October 1 marked the beginning of his seventh year behind bars. Ulbricht has recently authored a letter explaining that he’s “forgotten what freedom actually feels like” and he’s also realized that he lost...
Justin Sun Writes an Open Letter Discussing the Progress of TRON Protocol
29.9.2019
Justin Sun has written an open letter addressing the community in which he discusses the progress of the TRON Protocol in 4th Quarter, 2019. The letter primarily talks about five vital projects that the company has underway namely, TRON Protocol’s evolution, Sun Network’s introduction, Blockchain...
Fake Royal Letter Asks $2.5M in BTC to Save UK’s Economy After Brexit
27.9.2019
Fraudsters pose as a royal secretary asking for $2.5 million in BTC from the British to save economy after Brexit
TZERO CEO Issues Letter to Investors, Addresses Patrick Byrne’s Resignation
6.9.2019
The CEO of Overstock blockchain subsidiary tZERO has issued a letter to investors addressing Patrick Byrne’s departure
Weekly Platform News: Text Spacing Bookmarklet, Top-Level Await, New AMP Loading Indicator
5.9.2019
In this week's roundup, a handy bookmarklet for inspecting typography, using await to tinker with how JavaScript modules import one another, plus Facebook's in-app browser is only posing as one. Let's get into the news!
Check if your content breaks after increasing text spacing
Dylan Barrell from...
HSBC Used Voltron Blockchain in a Letter of Credit Transaction Using Yuan
3.9.2019
On Tuesday, HSBC used the technology of the Voltron blockchain platform and completed a transaction between Hong Kong’s MTC Electronics, sending LCD parts to its parent company in Shenzhen. It was a letter of credit transaction, done using Chinese renminbi (Yuan). Letters of credit or bankers...
HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit
3.9.2019
HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan
HSBC Completes First Blockchain Letter of Credit Transaction in Yuan
2.9.2019
HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction using R3’s Corda-powered Voltron platform
Agorism and Bitcoin: Free People Don’t Ask Maxine Waters for Permission
30.8.2019
Anti-agorism Congressional Representative Maxine Waters still has misgivings about Facebook’s proposed Libra digital currency, even after meeting with Swiss government officials to discuss the tech last week. The sustained reservations echo the message of July’s open letter from...
What to Do if You Just Got a Crypto Tax Letter from the IRS
15.8.2019
Have you just woken up to find a letter from America’s top tax authority, the Internal Revenue Service (IRS) in your mailbox, asking you to pay tax on your crypto earnings… and come to the sad realization that you’re not having a nightmare?
Scores of American cryptocurrency traders have received...