Kraken to launch Ink blockchain for DeFi in early 2025
Kraken’s new blockchain, Ink, will simplify decentralized finance access, offering trading, lending and borrowing services without intermediaries.
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Swiss leaders plan to enforce global crypto reporting framework
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework (CARF) to improve transparency.
Global Blockchain Spending Will Grow About 89% in 2019, New IDC Report Says
Global blockchain spending will account for almost $2.9 billion in 2019, which is an 88.7 percent increase from 2018, according to a new report from United States-based market research firm International Data Corporation (IDC). Published on March 4, IDC's Worldwide Semiannual Blockchain Spending Guide provides analysis of blockchain developments in various segments.According to the report,…
Twitter monetization and free speech drove Binance’s $500M injection: CZ
Binance will also assist Twitter’s integration into Web3 by implementing crypto payments and deploying a dedicated team of on-chain specialists to stop spam bot accounts. 232 Total views 3 Total shares Binance CEO Changpeng “CZ” Zhao has explained the reasoning behind its $500 million co-investment into Elon Musk’s Twitter, citing monetization potential, crypto community free…
Bitcoin’s Velvet Revolution: The overthrow of crony capitalism
If Karl Marx and Friedrich Engels were somehow transported to the present day and given a newspaper, the apparent lack of class conflict would probably make the revolutionaries think they’d won. They would see a society split on all manner of subjects — from identity politics to the correct COVID-19 strategy — but virtually silent…
AAA studio Ubisoft to develop Web3 gaming experience with Immutable
Blockchain gaming firm Immutable announces a partnership with Ubisoft’s Strategic Innovation Lab to develop Web3 games. 363 Total views 5 Total shares AAA gaming studio Ubisoft has partnered with blockchain game firm Immutable to collaborate on developing Web3 games through its Strategic Innovation Lab.An announcement shared with Cointelegraph said the two studios will combine their
The major tax myths about cryptocurrency debunked
Crypto and taxes may not be a match made in heaven, but taxes seem inevitable, and the United States Internal Revenue Service (IRS) has made it clear it is going after people who don’t report. With IRS summonses to Coinbase, Kraken, Circle and Poloniex, plus other enforcement efforts, the IRS is on the hunt. The…
Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons
The judge’s ruling does not require Celsius debtors to sell the Bitmain coupons, but they would need the consent of the committee of unsecured creditors. 53 Total views 1 Total shares Own this piece of history Collect this article as an NFTDebtors for crypto lender Celsius Network have the authority to sell coupons for mining…
Hackers Increasingly Rely on Trojans to Deploy Ransomware Attacks
A study by risk solutions provider, Kroll, identified a growing trend in the use of Qakbot trojan, or Qbot, to launch email thread hijacking campaigns and to deploy ransomware attacks.According to the findings in conjunction with analysts from the National Cyber-Forensics and Training Alliance, or NCFTA, cybercriminals seek to steal financial data from multiple industries…