Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.
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Peter Thiel-Backed Electronic Brokerage Firm Tagomi Launches
Tagomi Holdings Inc., an electronic brokerage startup backed by PayPal co-founder Peter Thiel’s venture capital firm, has launched, according to a Dec. 17 press release.Tagomi is an electronic brokerage for digital assets. The firm’s offerings include cross market execution, capital management, post-trading reporting, as well as settlement and custodial services.According to Chief Executive Officer of…
Crypto Firms Brace as World Bank Predicts 20% Crash in Global Remittances
The World Bank predicts global remittances will decline by one-fifth this year, offering a poor outlook for cross-border crypto remittance firms. 696 Total views 19 Total shares The World Bank has predicted that the global remittance industry will retract by 20% amid the global economic slow-down resulting from the coronavirus pandemic.With a plethora of crypto…
Thai SEC Clears Seven Cryptocurrency Operators to Serve Clients, Reviews Two More
Thai regulators announced Thursday, August 16, that they have so far approved seven business entities to conduct cryptocurrency operations as part of the formalization of the country’s domestic market. In a statement, Thailand’s Securities and Exchange Commission (Thai SEC) confirmed Bitcoin Co. Ltd. (BX), Bitkub Online Co. Ltd., Cash2coins Co. Ltd., Group Co. Ltd. (TDAX),…
Bitcoin price hits $70K as spot and BTC ETF buying surges
Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end.
IRS Crypto Reporting Letter: A Wake-Up Call No Matter Who Gets One
The IRS has begun sending letters to people with digital currency transactions who may have failed to report income and pay taxes, or who did not report their transactions properly. By the end of August, more than 10,000 taxpayers will receive the letters, targets the IRS says it obtained through various ongoing IRS-compliance efforts. According to the…
Australian Senator proposes landmark Digital Services Act
The new legislative package will address issues in crypto custody, taxation, and DAO operations in order to protect consumers against bad actors in the space. 1771 Total views 8 Total shares Australian Liberal Senator Andrew Bragg opened the Australia Blockchain Week conference with a bombshell legislative proposal that he hopes will lay the groundwork for…
Blockchain Startup Waves Updates Blockchain to Allow for DApps
Blockchain startup Waves has introduced an upgrade to its blockchain that enables decentralized applications (dApps) on the platform. The development was announced in a blog post published on June 25.The company has introduced a major update for its blockchain dubbed Waves Node 1.0, and released the mainnet of RIDE, that will purportedly allow the implementation…
Hedera’s HBAR token pumps 96% on misinterpreted BlackRock announcement
A widely misinterpreted announcement from the HBAR Foundation has sparked confusion among crypto influencers and sent the price of HBAR token soaring.