Ethereum price will lag for ‘months’ as Bitcoin surges: X Hall of Flame, Roman
Roman says that Bitcoin will peak around $120K by December before Ethereum gets its time to shine: X Hall of Flame.
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Republic of Palau and Cryptic Labs launch digital residency program
The Pacific island nation is now offering a digital residency and blockchain-based verified ID, which can be used for KYC and ID verification. 313 Total views 10 Total shares The Republic of Palau and blockchain development firm Cryptic Labs announced the launch of the Root Name System (RNS), a digital residency program on Tuesday.To inaugurate…
Iowa House approves bill to legally recognize blockchain smart contracts
The bill would give legal recognition to transfers and registrations made through blockchain smart contracts. 1268 Total views 13 Total shares On March 29, the Iowa House of Representatives passed a bill that seeks to legally recognize transactions and registrations made via blockchain smart contracts. The bill — SF541 — gained Senate approval earlier in…
US Crypto Holders Only Have a Few Days to Reply to the IRS 6173 Letter
Last month, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The IRS has begun sending letters to taxpayers with digital currency transactions that potentially failed to report income and pay the resulting tax from digital currency transactions or did not report their transactions properly. Those who…
Out With the Old: Blockchain to Bring Transparency to Recycling Sector
Although recycling may seem like a relatively simple concept, the plastics recycling supply chain proves otherwise. From understanding which plastics get recycled to determining the quality of those plastics, these issues and more are resulting in lower recycling participation rates. Statistics show that by 2024, the global recycling market is expected to reach $377 billion. However,…
First Blockchain Association in Mexico Established
The first blockchain association in Mexico has formed, its founding members including industry players like blockchain software firm ConsenSys, Forbes Mexico reported Nov. 28.The Blockchain Association of Mexico was established companies Bitso, Volabit, BIVA, GBM, Lvna Capital, ConsenSys and Exponent Capital. The organization’s objective is to educate citizens in the technology’s deployment and its potential…
NASA plans to prove its next Moon landing is real using blockchain
The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon. 289 Total views 12 Total shares The United States National Aeronautics and Space Administration (NASA) and its partners Lonestar, a computing startup based in Florida, and the Isle of Man will send
Exchanges federation touts crypto trading regulation, integration with TradFi
The World Federation of Exchanges, whose members handled $140 trillion in trades in 2022, has some concerns as its members adopt DLT. 364 Total views 8 Total shares The World Federation of Exchanges (WFE) sees the potential for crypto-asset trading platforms (CTPs) to play a larger role in the “real” economy and society at large.
Goldman Sachs CEO believes Bitcoin regulations are set for a ‘big evolution’
Goldman Sachs CEO David Soloman has forecast a big evolution in how the U.S. government regulates cryptocurrency. 4923 Total views 24 Total shares David Solomon, CEO of Goldman Sachs has forecast a “big evolution” in how the U.S. government regulates Bitcoin and other cryptocurrencies, in relation to financial institutions. In an interview with CNBC today,…