Crypto community slams WazirX’s 'socialized losses' plan after hack

Part of the FATF's ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions. 200 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe Financial Action Task Force, or FATF, reported its delegates had come to an agreement on an…

A United States congressman is the latest working to clarify determine which U.S. regulator is responsible for which digital assets. On March 9, Representative Paul Gosar (R-AZ) introduced the “Crypto-Currency Act of 2020,” a bill that looks to choreograph a wide range of digital assets to answer to the appropriate regulator.The proposed regulatory schemaAs Will Stechschulte,…

A fresh report from the Bank for International Settlements comes to a radical conclusion, claiming that the public identities of intermediaries are necessary to fight “miner extractable value.” 169 Total views 3 Total shares Since 2020, miners on the Ethereum blockchain have extracted around $600 million from other investors by miners, according to a new…

Bitcoin (BTC) soared past the key technical resistance level of $11,500 and past $11,600 on Aug. 5 as a fresh round of bullish sentiment canceled out more of last weekend’s plunge.Cryptocurrency market daily snapshot Aug. 5. Source: Coin360Data from Coin360 showed BTC/USD reaching four-day highs of $11,650 at press time on Wednesday, having gained over…

Chilean taxpayers must report their cryptocurrency profits to the Chilean Internal Revenue Service (SII), Spanish crypto media Diario Bitcoin reports on Jan. 17.The SII reportedly decreed in 2018 that digital currencies weren’t subject to Value Added Tax (VAT), but should still be considered when calculating annual income tax, as they fall into the definition of…

Indian technology company Tech Mahindra will be implementing an anti-spam call solution powered by blockchain, Indian business daily Business Today reports on May 2.This solution will allow phone companies to comply with the Telecom Regulatory Authority of India (TRAI)'s regulations to protect mobile phone subscribers from unsolicited Commercial Communication (UCC), which will come into effect…

Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.

The Canto blockchain has gone down again after briefly resuming. The team is currently working on a fix for the newly emerged issue.

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin price hits $14,000 — Exactly 12 years after white paper released…