Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
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Mainstream DeFi is ‘inevitable’: US currency comptroller
The U.S acting comptroller of the currency believes the role banks play in society will soon be transformed by crypto assets and DeFi. 463 Total views 10 Total shares The U.S acting comptroller of the currency, Brian Brooks, predicts th decentralized finance (DeFi) will render many of the financial services offered by banks obsolete, just…
French Parliament Refuses to Ease Taxation for Cryptocurrency Owners
The lower house of the French parliament has rejected the amendments to the 2019 finance bill which would ease crypto-related taxation. French monthly business magazine Capital reported this Tuesday, Dec. 18.The amendments that have been declined by the National Assembly referred to a draft of the government finance bill for 2019.As explained by local crypto…
Powers On… Biden accepts blockchain technology, recognizes its benefits and pushes for adoption
On March 9, United States President Joe Biden issued a quite comprehensive executive order that directs no less than two dozen cabinet members, departments and agencies in the government to study the benefits and detriments of blockchain technology for various aspects of the American economy. There has been a considerable amount already written about the…
Crypto Payment Network Partners With ID Screening Service
Cryptocurrency network TemTum is partnering with identity verification service Shufti Pro to provide Anti-Money Laundering (AML) and Know Your Customer (KYC) screening services for its customers.As part of the partnership announced on April 7, Shufti Pro will verify TemTum clients' KYC data including date of birth, addresses, names, document numbers, document issue dates and expiration…
Australian Securities and Investments Commission Warns Public Against New Crypto Scam
The Australian Securities and Investments Commission (ASIC) has issued another warning on May 21 against an alleged crypto-related scam project.According to the report, the Australian financial regulator has today published a warning against an alleged scam entity dealing under two names, Dartalon Ltd and GFC Investments.The ASIC has red flagged the entity, reportedly claiming that…
Ether staking withdrawal schedule removal faces harsh criticism
Twitter users called out the removal of the ETH staking timeframe and with one describing staked ETH as a “non-redeemable” investment. 659 Total views 14 Total shares Days after Ethereum turns deflationary for the first time since shifting to proof-of-stake (PoS), critics have started to highlight the Ethereum Foundation’s removal of Ether (ETH) staking’s withdrawal…
Sony debuts Soneium Minato testnet, Web3 developer incubator
Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.
Bahama Blockchain Company Raises Crypto for Hurricane Dorian Relief
PO8, a blockchain company headquartered in the Bahamas, is asking the crypto and blockchain communities to help them bring relief to the victims of Hurricane Dorian. The firm made its appeal in a blog post on Sept. 2.Hurricane Dorian brings devastation to the BahamasOn Sept. 3, CNBC reported on hurricane Dorian, as the immense storm…