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Japan's Mitsubishi UFJ Financial Ends Blockchain Payment Network Plan
23.2.2022
Mitsubishi UFJ Financial Group (MUFG), one of Japan's largest financial institutions, has decided to suspend its high-speed blockchain payment network
Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg
23.2.2022
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve —...
FIFO or Specific Identification: Choosing the Best Way to Calculate Cost Basis on Crypto
23.2.2022
For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion
StarkWare Launches Layer 2 Product StarkNet on Ethereum
23.2.2022
StarkNet uses rollups to squash Ethereum’s crushing gas fees
Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws
23.2.2022
Startups that help Americans calculate their crypto taxes have been raising hundreds of millions of dollars. Even traditional tax-prep firms are rolling out crypto services
Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems
23.2.2022
Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions
How Web 3 Could Change Tax Collection
23.2.2022
A third-party information reporting system is incompatible in Web 3 because its transactions don’t have a third-party. What comes next?
Crypto Tax Compliance Remains Minefield as IRS Leaves Key Questions Unresolved
23.2.2022
A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings
VAF Compliance Is a Forensic Service Provider That Can Help You Pass KYC/AML for Crypto Banking
23.2.2022
At VAF Compliance a team of experts is ready to help with all of your virtual assets compliance needs. Connect with VAF today; the leading virtual assets compliance company serving the Middle East and customers worldwide. What Is VAF Compliance? The crypto, NFT and metaverse spaces are hot...
1Password Adds 1-Click Credential Storage for Solana-Based Phantom Wallet Users
23.2.2022
The collaboration between 1Password and Phantom is intended to make crypto security human-centric by simplifying login management and lowering the barrier to entry
First Mover Americas: Bitcoin May Not Be out of the Woods Yet; Stablecoins' Bull Market Continues
23.2.2022
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind
Coinbase’s Q4 Trading Volumes Set to Increase but Outlook Could Get Gloomy Amid Volatility
23.2.2022
Analysts are divided on the outlook for America’s largest cryptocurrency exchange
A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue
23.2.2022
Tax revenue inflows from bitcoin mining companies could represent a meaningful windfall for the United States government
Cosmos Builder Tendermint Rebrands to ‘Ignite’ as Team Shifts Focus
23.2.2022
Ignite says it’s now a “product-first” company focused on the development of its Cosmos portfolio manager and blockchain development platform
Fast Break Labs Raises $$6M in Seed Funding Round
23.2.2022
Web 3 fantasy sports game from Fast Break Labs also saw investment from League of Legends developer Riot Games’ Thomas Vu
Web 3 Browser Opera Integrates With Ethereum Layer 2 Exchange DeversiFi
23.2.2022
Web 3 browser Opera has integrated with decentralized finance (DeFi) trading platform DeversiFi to bring a Layer 2 Ethereum to its users
China's Zhejiang Province Implements Punitive Electricity Prices for Crypto Mining
23.2.2022
Authorities are still working to eliminate the industry, months after it was banned
Morgan Stanley Says Bitcoin Cannot Escape Energy Requirements
23.2.2022
Increased investor interest means that sustainability has become an important consideration for crypto, the bank said
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
23.2.2022
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...
Tackling Ethereum Problems at ETHDenver
23.2.2022
Developers gathered in Denver to discuss all things Ethereum: staking, DAOs and decentralized finance (DeFi)