Blockchain adoption in healthcare faces serious obstacles in Germany
Blockchain technology could enhance healthcare digitalization, but privacy concerns are hampering adoption.
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IRS to transition from ‘education to enforcement,’ says former division chief
A former top investigator is warning that the IRS might be shifting crypto tax payment enforcement into high gear 3268 Total views 21 Total shares A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly report their earnings will be…
Stablecoins must be programmable to counter CBDCs
When it comes to providing stable value, stablecoins and central bank digital currencies (CBDCs) appear to serve two sides of the same proverbial coin. Crypto stable assets, however, can provide entirely different use cases — and CBDCs simply cannot compete. The key is programmability — smart contracts that automate and add new features to money. Programmability…
Mark Cuban says crypto is ‘exactly like the internet stock bubble’
But the statement wasn’t without a few bullish predictions for Bitcoin and Ethereum. 5276 Total views 19 Total shares Billionaire entrepreneur Mark Cuban says the cryptocurrency market is “exactly” like the dot-com bubble of the late-1990s and early 2000s. His statement seems to signal that digital-asset valuations may implode once investor exuberance runs out. “Watching the…
UK Gambling Commission opens inquiry into fantasy NFT soccer game Sorare
The UK gambling watchdog is trying to determine whether or not fantasy NFT soccer game Sorare should be required to have a gambling license. 386 Total views 14 Total shares The Gambling Commission in the UK has opened an inquiry into Sorare, a popular NFT fantasy soccer game that raised $680M in a funding round…
Amazon.eth ENS domain owner disregards 1M USDC buyout offer on Opensea
Before it expired, the offer stood at approximately 10x the amount of the domain's last sale. 220 Total views 10 Total shares On Tuesday, the Ethereum Name Service, or ENS, domain Amazon.eth received an offer for 1 million USDC (a stablecoin pegged to the U.S. dollar) from an anonymous wallet address on OpenSea. The offer to…
Report: Regulators Reject CZ’s Application to Become Shareholder in Troubled Bank
Liechtenstein’s Financial Market Authority (FMA) has reportedly pulled the plug on an alleged application to bring Binance CEO Changpeng Zhao on as a major shareholder in a distressed domestic bank.As reported by Swiss financial news outlet Inside Paradeplatz on Aug. 10, the FMA rejected the purported application and also declined to approve an extension for…
FBI seizes $6M from crypto scammers targeting US citizens
Tether says it aided in the recovery of the stolen crypto by freezing the scammers wallets, which the FBI then seized.
Alleged $3.6B crypto Ponzi’s ‘victims’ still believe the exchange is legit
Some of those caught up in an alleged $3.6 billion crypto Ponzi scheme are refusing to aid police investigations as they still expect to triple their investments. 2876 Total views 4 Total shares Victims of an alleged $3.6 billion crypto Ponzi scheme in South Korea are reportedly hampering the progress of a police investigation and…