Australian Tax Office seeks data from 1.2 million crypto exchange users: Report
The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office.
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WEF — Blockchain Could Improve Multiple Spheres of Global Economy
If recent reports come to fruition, blockchain technology has the potential to have a massive financial impact on the global trade industry.The World Economic Forum (WEF) released an optimistic outlook for the global economy, which would be driven by the impact and adoption of blockchain technology in the next 10 years.According to the organization, blockchain…

A letter to Zuckerberg: The Metaverse is not what you think it is
Dear Lord Sugar Mountain,Attention: to my Facebook friend who is building a version of the metaverse that nobody wants as a starter.The last few years must certainly not have been easy. Your business model centered around polarization and, subsequently, outrage has ironically unified many of us against relying too much on your social media platform.…

Blockchain-backed food supply chain management solves the problem
Food supply chain management, or FSCM, has long been put forth as a low-hanging-fruit application in the enterprise blockchain space. Now, after years of pilots, the verdict is finally in: Blockchain-supported FSCM works perfectly. For innovation managers in food companies that haven’t yet dabbled, this is your chance. The big players have put in millions of…

Law firm to challenge Turkey’s ban on crypto payments
Turkish law firm GlobalB is challenging the country’s ban on crypto payments in a hearing scheduled for May 28, according to Sima Baktaş, the firm’s founding partner. Although Turkey’s citizens are allowed to buy, hold and trade crypto, the use of the digital currency for payments has been banned since 2021, when the Central Bank

Coinbase 'not aware' of any customer data breach after Au10tix credential leak
The compliance platform Au10tix said that although a credential was leaked, there is no evidence that it was used to obtain customer data, and Coinbase said it is unaware of any breach.

How will GameFi and P2E blockchain gaming evolve in 2022? Report
Crypto gaming has grown in popularity as more players collect and trade digital assets, generating a dependable income for game developers and creating value for players. In a recently published report, Cointelegraph Research shows how Axie Infinity gamers in the Philippines were able to earn their regular monthly salary in 2020 simply by playing the…

Mobile games developer Tapinator to launch ‘NFT500’ service
NFT500 will be a subscription casting service that will put NFTs on physical display, allowing users to display their favorite digital art rather than buy it outright. 2102 Total views 11 Total shares Tapinator, a publicly-traded mobile games publisher based in New York City, has announced plans to launch a new subscription casting service focused…

Trump’s USD1 stablecoin deepens concerns over conflicts of interest
World Liberty Financial (WLFI), the Trump family’s crypto project, is planning to release a stablecoin, raising concern over the US president’s exposure to the digital asset industry. The project released a memecoin immediately prior to President Donald Trump’s inauguration, the price of which skyrocketed and crashed soon after, causing many to accuse WLFI of a