IRS issues rules on digital asset reporting, says front-ends are brokers
The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets.
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Thai National Tech Development Center to Introduce Blockchain in Voting
The National Electronics and Computer Technology Center (NECTEC) of Thailand has developed blockchain technology for e-voting, the Bangkok Post reports on Jan. 2.NECTEC is a statutory government organization that operates under the purview of the National Science and Technology Development Agency and the Ministry of Science and Technology. The organization chiefly promotes the development of…
Arbitrum DAO boosts ARB utility with staking and governance upgrades
The DAO bolstered its framework and community by enabling ARB staking and enhancing token utility and security.
Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve's September meeting.
Ireland bans political crypto donations on foreign interference fears
A raft of new political and electoral integrity laws proposed in Ireland will see the banning of donations made in crypto to political parties in the country. 62 Total views 8 Total shares Donations made to political parties using cryptocurrencies will be banned in Ireland under new political integrity laws drafted due to concerns around…
‘Not High-Performance’: Tradeshift CEO Prudent on Blockchain Supply Chain Potential
Digital invoicing startup Tradeshift CEO Christian Lanng countered “hype” over blockchain’s role in supply chains Wednesday, September 19, telling CNBC the technology “wasn’t ready yet.”In an interview at the World Economic Forum in Tianjin, China, Lanng highlighted the use cases for blockchain in areas such as identity and certifications, but argued supply chains were too…
The role of blockchain in combatting fraud and revolutionizing the gaming industry
A new dawn is breaking in the gaming industry, driven by the transformative power of blockchain technology. As this industry — expected to hit $200 billion in 2023 — continues to grapple with the scourge of fraud, blockchain is emerging as a potent ally, armed with its inherent traits of decentralization, transparency and immutability. Moreover, blockchain…
73.3% of Q1 rug pulls happened on BNB Chain: Immunefi
Rug pulls and other frauds made up a small percentage of losses compared to hacks and exploits, the report stated. 251 Total views 7 Total shares Own this piece of history Collect this article as an NFTBNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such…
Binance Charity and Integro Foundation raise $1 million for PPEs
More donations can be expected. 1622 Total views 18 Total shares Binance Charity and Integro Foundation raised $1 million to donate personal protective equipment to frontline workers.A total of 500,000 KN-95 masks will be distributed to workers in the Brazilian Amazon, Argentina, Chile, Mexico, Venezuela, Peru, Ghana, Nigeria, South Africa, Bermuda, Barbados, St. Lucia, Haiti,…