Scammers have found a way to burn tokens from inside Solana wallets
Reports have emerged of users buying tokens and not seeing it show up in their wallet balances.
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Australian crypto exchanges look to new licensing regime with cautious optimism
Australian crypto exchanges have praised plans from the Australian Treasury to regulate cryptocurrency exchanges under pre-existing financial services licensing measures.In an Oct. 16 consultation paper, the Treasury outlined a new suite of proposed regulations, that suggested regulating cryptocurrency exchanges under existing financial services rules as well as introducing a wealth of new guidelines for all

U.S. Congress to introduce new draft bill for stablecoins
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country. 712 Total views 7 Total shares Own this piece of history Collect this article as an NFTA…

Seller ‘rugs’ $30M CryptoPunks collection minutes before Sotheby’s auction
After pulling out of $30 million Sotheby’s auction just minutes before it was set to go live, the anonymous NFT collector made fun of the luxury art auction house on Twitter. 1890 Total views 5 Total shares NFT enthusiasts and fine art collectors have been left confused, after an auction for a collection of 104…

Poland’s Top Bank to Launch Blockchain Platform for Document Management Within ‘Days’
Poland’s largest bank will launch a blockchain solution for its customer documents via a partnership with UK-based Coinform “in the coming days,” the parties confirmed in a press release Thursday, September 20.Part of a drive to enhance security of customer data, PKO Bank Polski will use Coinform’s Trudatum to provide blockchain-issued paperwork to its some…

Nigerian crypto tax move is ‘premature’ — Local stakeholders
Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures. 239 Total views 1 Total shares The president of the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), Obinna Iwunna, has commented on the implementation of the Finance Act, 2023, which was signed into law…

Tesla held $2B of Bitcoin as of late 2021, SEC filing reveals
Tesla recorded $101 million of impairment losses on Bitcoin in 2021, with the carrying value accounting for $1.26 billion. 109 Total views 4 Total shares Elon Musk’s electric vehicle maker Tesla was holding about $2 billion worth of Bitcoin (BTC) by the end of 2021, according to official records.The “fair market value” of BTC held…

US Brokerage Firm TD Ameritrade to Invest in New Crypto Exchange
Retail brokerage firm TD Ameritrade has announced that it is backing new crypto exchange ErisX, according to a press release published on the company’s website Wednesday, October 3.TD Ameritrade, which currently provides investment services to up to 11 million clients, did not reveal the details of the deal. However, according to Bloomberg, investing company DRW Holdings…

Why Libra Isn’t Ready and Congress Not Buying Zuckerberg’s Testimony
Facebook’s CEO Mark Zuckerberg returned to Capitol Hill to testify before Congress on Oct. 23 about the company’s planned use of the cryptocurrency it is backing, Libra, attempting to debunk the voluminous number of concerns surrounding Facebook’s regulatory measures. This marks Zuckerberg’s first testimony to Congress since his last journey to Capitol Hill back in…