Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
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US Education Department promotes putting student records on blockchain
The COVID-19 pandemic has exposed flaws across various sectors. As a result, a number of government departments are evaluating blockchain-based systems as possible solutions for challenges involving multiparty workflows, record-keeping, transparency and more. For example, the United States Department of Education recently provided funding for the launch of the “Education Blockchain Initiative.” Referred to as the…
Cosmos Hub upgrades to offer liquid staking
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked ATOM tokens. 116 Total views 2 Total shares Cosmos Hub, a blockchain part of the Cosmos Network, has been upgraded to launch a liquid staking module, enabling users to bypass the previous 21-day unbonding period by unstaking ATOM (ATOM) funds.
Russian ministry proposes criminal charges for failure to report crypto tax
To ban crypto or to tax, that seems to be the question. Russia’s Ministry of Finance is continuing to push regulations for the cryptocurrency industry by proposing new tax requirements.The ministry now reportedly wants to introduce criminal liability for failure to declare taxes on crypto, including prison terms of up to three years.According to a…
More than half of Australians think Elon Musk invented Bitcoin: Survey
Over 40% of respondents were unaware that Bitcoin had a limited supply. 8992 Total views 24 Total shares Australians' knowledge of cryptocurrency could use some improvement, as more than half of them think that Elon Musk created Bitcoin (BTC), according to a new survey.Finder, Australia’s most visited comparison website, conducted a survey of 1,004 Australians…
US lawmakers introduce bipartisan bill proposing ban on members investing in ‘financial instruments’
Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks. 205 Total views 2 Total shares Own this piece of history Collect this article as an NFTLawmakers from both sides of the aisle in the United States House of Representatives…
One crypto wallet launched 114 dodgy memecoins in two months
According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone. 571 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths. According to…
SBF claims innocence, contradicts other witnesses: Law Decoded
Last week, the criminal trial of FTX founder and CEO Sam “SBF” Bankman-Fried continued in New York, with the man himself giving testimony as part of his defense. According to the SBF, he didn’t know any details about the creation of North Dimension, an alleged “shadowy entity” used to launder customer funds from the crypto
Coinbase teams up with Brazilian central bank’s Pix to offer expanded services
Brazilians will have more options for trading in crypto and better customer service as the U.S.-based exchange partners with the popular instant payment app. 183 Total views 10 Total shares Own this piece of history Collect this article as an NFTCoinbase is expanding its services in Brazil through partnerships with local services, the company announced March…