CZ hits back at WSJ, Hong Kong crypto ETF’s take ‘$50B equivalent’: Asia Express
Binance hits back at claims it fired investigator who found manipulation, Hong Kong crypto ETFs take the “equivalent” of $50B. Asia Express.
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US Reps Urge IRS to Clarify Reporting of Crypto Taxes Ahead of April 15 Deadline
Members of the United States Congress sent a joint request to the Internal Revenue Service (IRS) to provide clarity on reporting crypto taxes, according to an announcement on April 11.21 different representatives sent a bipartisan letter to the U.S. tax authority requesting guidance on how to report virtual currency taxes. The action took place before…

Central Bank of Lithuania Issues Updated Position on Virtual Assets and ICOs
The Bank of Lithuania has updated its position on virtual assets and initial coin offerings (ICOs), according to an announcement published on Feb. 14.The Bank of Lithuania initially issued a document detailing its position towards ICOs and digital currency in October, 2017, defining how and when virtual assets may be used for payment. The document…

Argentinian league rebrands to Torneo socios.com with new partnership
The partnership will see the country's top soccer league, previously named “Primera Division,” dubbed the “Torneo Socios.com” for the 2021/2022 season. 623 Total views 5 Total shares Argentina’s top pro-soccer league is getting a rebrand after it secured a new sponsorship deal with Chiliz, the creators of fan tokens and the Socios.com blockchain rewards app.According…

The gamble of crypto airdrop hunting and what it means for blockchain devs
In the crypto space, the term “airdrop” refers to the unsolicited distribution of tokens, usually for marketing purposes or as a reward for network participation or contributions.The first recorded crypto airdrop took place back in 2014 when Auroracoin handed out its native cryptocurrency, AUR.Another well-known airdrop was that of decentralized exchange Uniswap, which gave its…
Circle launches Web3 development platform for Web2 developers
Stablecoin issuer Circle has launched a new tool that it says will allow developers to “remove the complexity” of building Web3 apps, according to an announcement and accompanying social media post on October 19. Called “Smart Contract Platform,” the new tool allows developers to deploy smart contracts using a set of pre-vetted code templates and

U.S. SEC Postpones Decision Regarding Bitcoin Exchange Traded Fund
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the listing and trading of a Bitcoin exchange-traded fund (ETF) until September 30, according to an official document released by the SEC August 7. ETFs are securities that track a basket of assets proportionately represented in the fund’s shares. They are seen by…

Why Has Brazil’s Central Bank Included Crypto Assets in Trade Balance?
Cross-border transactions on crypto assets are already relevant and have already had a considerable impact on the domestic economy of some countries. For example, last month, the Central Bank of Brazil (BACEN) reviewed the Brazilian Trade Balance for crypto assets with new classifications under IMF standards.In Georgia, for example, which accounts for about 15% of…

China has not cracked encryption, at least not yet — Mental Outlaw
Quantum bits currently require temperatures between approximately -200 degrees Celsius to -270 degrees Celsius to operate properly.