ASI Alliance expands with fourth member pending community vote

Utah-based startup TaxBit prepares to provide global crypto-oriented tax expertise with a newly raised $100 million. 684 Total views 7 Total shares Major cryptocurrency tax compliance startup TaxBit has raised $100 million as it expands into Europe.According to a March 3 blog post, TaxBit has secured the funds in Series A round led by Paradigm…

Blockchain development platform and BitTorrent owner Tron will debut a host of upgrades via a hard fork at the end of the month, CEO Justin Sun confirmed on social media on Feb. 23.Tron, which presents itself as a competitor to Ethereum (ETH) for launching cryptocurrency tokens and other offerings, is preparing to increase its appeal…

Australia’s tax agency, the Australian Tax Office (ATO), will seek to contact cryptocurrency traders personally about tax issues as part of a new data collection scheme, officials confirmed in a statement on April 30.The ATO, which is working in conjunction with the Australian Securities and Investment Commission (ASIC) and the Australian Transaction Reports and Analysis…

A new Ethereum Improvement Proposal could offer a path to compromise between Ethereum’s miners and developers, but few in the community appear to support the EIP. 1801 Total views 15 Total shares A new Ethereum Improvement Proposal, or EIP, has emerged amid opposition from miners to scheduled changes to the network’s fee market. While some…

Following the first phase of the Unblocked Cash program in Vanuatu, Oxfam is readying to launch the pilot program’s second phase using the Dai stablecoin to distribute disaster relief.Speaking exclusively to Cointelegraph, Oxfam Pacific Cash and Livelihoods lead and co-founder of partner company Sempo Nick Williams discussed the challenges and successes of the program’s first…

The UAE project will allow clients to trade tokenized sugar 24/7 without brokers, and fits into the Emirate Blockchain Strategy 2021's goals 333 Total views 10 Total shares The world's largest sugar refinery, Al Khaleej Sugar, officially announced the application of blockchain technology in its recently launched sugar trading platform, DigitalSugar.io.Users of the UAE-based platform will…

The financial details weren't disclosed but the investment gave the Stellar Development Foundation a seat on MoneyGram's Board of Directors. 238 Total views 1 Total shares The Stellar Development Foundation (SDF) has become a minority investor in payments provider MoneyGram International.In an Aug. 15 X post, Stellar Development Foundation CEO and Executive Director Denelle Dixon…

CoinShares has reported “evidence of potential profit taking” among institutional investors, as weekly crypto fund inflows drop 97% in less than one month. 1952 Total views 10 Total shares Capital inflows into crypto funds and investment products plummeted during the first week of January after posting new all-time highs in late-December.According to crypto fund manager…

Whether a potential sell-off of shares tied to a multi-billion dollar Bitcoin (BTC) investment fund could crash the cryptocurrency's spot prices has turned into a hotly debated topic among the analysts in the space.Grayscale's premium remains negative for months The argument concerns Grayscale Bitcoin Trust, the world's largest digital assets manager that allows institutional investors to…