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Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister
9.2.2022
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank,...
‘Wave of litigation’ to hit NFT space as copyright issues abound
7.2.2022
As the NFT industry grows with increasing market penetration, research and consumer education are key to the domain’s evolution
Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees
6.2.2022
Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard...
Racist Xbox Commenters Duped By Popular Impersonator Just In Time For Black History Month
4.2.2022
It would be so satisfying if corporations and brands more often called out racism and other ills in their comments sections on social media. In the responses to a recent Xbox post on Facebook, it appeared at first glance that the console-maker had done exactly that. And while it’s not quite what...
The Metaverse: Three Legal Issues We Need to Address
4.2.2022
Pin Lean Lau, Lecturer in Bio-Law, Brunel Law School | Centre for Artificial Intelligence: Social & Digital Innovations, Brunel University London._____
The “metaverse” seems to be the latest buzzword in tech. In general terms, the metaverse can be viewed as a form of cyberspace. Like...
Panther Protocol’s $ZKP Token Launches, Sets to Revolutionize Private Finance
1.2.2022
In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the most popular Layer-1 blockchains. The extreme transparency of L1s such as Ethereum, Solana, and Avalanche, to name a few, leaves investors vulnerable to attacks...
Caribbean CBDC Remains Offline for More Than 2 Weeks Amid Technical Issues
31.1.2022
DCash, a central bank digital currency (CBDC) commissioned by the Eastern Caribbean Central Bank (ECCB), has been offline for more than two weeks amid technical issues that continue to affect the platform.
“The DCash Team continues to resolve the technical issue that is impacting the ability...
Fossils vs. Renewables, PoW vs. PoS: Key policy issues around crypto mining in the U.S.
30.1.2022
A recent meetup on the Capitol Hill highlighted several key debates that will define the mining industry’s development in the years to come
IRS Special Agent on Crypto: ‘We See Mountains of Fraud in This Area’
28.1.2022
A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to train all of its agents on crypto and non-fungible token (NFT) issues because...
YouTuber Hit With Ungodly Number Of Anime Copyright Strikes Gets A Win For Everyone
27.1.2022
In a new video, Mark Fitzpatrick of the anime YouTube channel Totally Not Mark revealed he not only won a battle in his copyright strike war with Toei Animation but also influenced YouTube to create a new copyright rule for content creators.Read more
Ethereum failing to target core Web 3 issues, says NEAR co-founder
27.1.2022
Co-founder of NEAR Protocol, Illia Polosukhin, lays out his vision for Web 3 and explains why Ethereum may not play a prominent role in its foundation
U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy
25.1.2022
Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
23.1.2022
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer...
Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country’s Muslim Population
21.1.2022
Indonesia’s Tarjih Council and the Central Executive Tajdid of Muhammadiyah have issued a fatwa (decree) stipulating the illegality of cryptocurrency use or investment by the country’s Muslims. The fatwa points to the volatility as well as the lack of state backing as reasons...
Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing
21.1.2022
While we are unlikely to see immediate policy effects of the exchange, legislators got educated on a wide array of blockchain-related concepts and issues
Fed issues discussion paper on benefits and risks of a digital dollar
20.1.2022
"The Federal Reserve would only pursue a CBDC in the context of broad public and cross-governmental support," said the recently published paper
Indonesian Islamic organization issues new fatwa against crypto use
20.1.2022
The fatwa pointed towards two critical issues with cryptocurrencies that make them illegal as an investment tool as well as a medium of exchange
Most Defi Hacks in 2021 Had to Do With Centralization Issues, According to Certik
17.1.2022
Certik, a blockchain security and auditing firm, has reported that the most common attack vector for hacks in decentralized finance (defi) protocols had to do with centralization in 2021. This data is present in Certik’s latest report, where the company also examines the growth of defi...
Former Thai SEC chief lays out three critical issues with crypto taxations
17.1.2022
The Thai Revenue Department is looking to impose a 15% capital gains tax on crypto trading
Riot Games Offers Resignation Bonuses As Company Announces New Direction
13.1.2022
Hot on the heels of announcing plans to head in a somewhat new direction over the next five years, Riot Games has expanded its Queue Dodge buyout program–normally available to new hires during the first six months of their employment–to all employees. In other words, employees who opt to leave...