SingularityNET announces ASI token merger dates for FET, AGIX, OCEAN
SingularityNET announces the merger dates for FET, AGIX, and OCEAN into the new ASI token, aiming to create a unified decentralized AI network.
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US Financial Services Committee sets date to discuss future of crypto
The U.S. House of Representatives committee did not disclose all the topics for discussion, but the community expects the hearing to address critical issues in the space. 635 Total views 15 Total shares The United States House of Representatives Financial Services Committee has scheduled a hearing on crypto to discuss its future and provide clarity…
How to use blockchain and smart contracts in procurement
Discover the transformative power of blockchain and smart contracts in revolutionizing procurement processes, enhancing transparency and streamlining supply chain management.
Mark to market accounting meets crypto: New FASB changes
In early September 2023, the US Financial Accounting Standards Board (FASB) finally approved the commonly accepted accounting practice of mark to market accounting to apply to corporations and businesses holding crypto digital assets. Previously, companies like Microstrategy and Tesla needed to file crypto digital assets as intangible assets like goodwill and Intellectual Property (IP). If the
DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer
Ethereum transaction fees are at their highest levels but even the proposed solution wouldn’t have helped this fat-fingered user. 202 Total views 3 Total shares Ethereum fees are at record level but even so, one Uniswap user paid well over the going rate with a gas fee of $36,000 for a single transaction.Crypto twitter has…
Canada’s Tax Authority Demands Personal Data on 115,000 QuadrigaCX Users
EY, the court-appointed bankruptcy trustee for the defunct Canadian crypto exchange QuadrigaCX, has been asked to submit all of the exchange’s user information to the Canada Revenue Agency (CRA).Court documents filed with the Ontario Superior Court of Justice on March 24 detail the demand, which spans 750,000 documents on the exchange’s 115,000 customers.Canadian tax authority…
Armstrong tweets in public airing of Coinbase’s internal discontent
The petition was quickly removed, and the number of signatures was not shown, but its list of objections to the Coinbase status quo got a big reaction from the CEO. 60 Total views 1 Total shares A disgruntled Coinbase employee, identified only as 0x58E3, created a petition on Mirror.xyz on Thursday calling for the removal…
Government Tracking of Crypto Is Growing, But There Are Ways to Avoid It
Much noise has been made about the untraceable qualities of Bitcoin and other cryptocurrencies. Bitcoin "can be used to buy merchandise anonymously" said early primers on crypto, it offers users the kind of financial privacy that was previously available only from a "Swiss bank account," say more recent commentators. And given its ability to provide…
1Inch price hits a new high as the top DEX aggregator vies for DeFi dominance
As the decentralized finance (DeFi) ecosystem evolves and expands to encompass the whole of the cryptocurrency sector, the race to become the top decentralized exchange (DEX) aggregator is heating up as new entrants to the field seem to emerge on a weekly basis. One of the top DEX aggregators that has recently seen its price reach…