IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO

Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform.As Reuters reported on Sept. 2, HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction deploying R3’s Corda-powered Voltron platform. In the cross-border  transaction, Hong Kong-based electronics manufacturer MTC Electronics exported…

The Montana Senate recently passed a bill designed to protect crypto miners operating within the state. The proposed law, which is currently making its way through the state's House of Representatives, seeks to protect both individual and commercial miners in Montana against discriminatory laws by scrapping some of the rules that have the potential to…

Former CEO Mark Karpeles disclosed that the exchange had roughly 200,000 BTC in possession during the company’s closure, out of which the trustee sold 50,000 BTC for $600 million in the past. 1019 Total views 15 Total shares A cold wallet belonging to the infamous Bitcoin (BTC) exchange Mt. Gox transferred 6,800 BTC to an…

Crypto industry leaders and law experts debated the privacy implications of central bank digital currencies (CBDC) during the ‘Money Re-Imagined’ panel as part of Consensus:Distributed on May 11.Lawrence Summers, the former U.S. Treasury Secretary and former chief economist of the World Bank, argued that the current fiat monetary system exhibits issues of too much privacy,…

Hedera Hashgraph chose Google Cloud Platform as its preferred cloud provider for deploying its public networks. A Feb 11. post on Google blogs commends Hedera for the choice, while revealing that it is taking an active stake in the project’s governance.Hedera is set to use Google Cloud to host its public testnets and Hedera Consensus…

The Bitcoin advocate aims to influence the political leader to consider Bitcoin a viable and strategic component of the national economy.

Tencent builds a LLM with over 2 trillion training parameters, $83 million crypto scam busted in South Korea, China cracks down on crypto KOLs, and more... by Zhiyuan Sun 5 min September 8, 2023 Share Tweet Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. $500B firm partners

Nonfungible tokens have quickly become a mainstream phenomenon, and a number of celebrities and entertainment and sporting icons are driving their popularity. The question is: Which NFT has had the most influence on this up-and-coming sector?There is no denying that NFTs have taken the world by storm as some of the most popular digital collectibles…