Stablecoins on Bitcoin coming soon, says Lightning Labs CEO

French video gaming giant Ubisoft is allegedly exploring potential blockchain applications in gaming as a strategy to gain a more competitive edge in the industry. The news was reported by daily French financial newspaper Les Échos on June 11.Per Les Échos, Ubisoft has been quietly exploring blockchain applications for several months, and has allegedly already…

Japan's National Tax Agency published a partial revision of its corporate tax guidelines, implementing new tax rules for token issuers. Token issuers in Japan no longer have to pay corporate taxes on unrealized cryptocurrency gains, according to a law revision by the National Tax Agency on June 20. The tax exemption goes into effect nearly six…

Coinbase’s emergence as the Ethereum network’s largest node operator raises concerns about network centralization that could worsen as institutional adoption accelerates, industry executives told Cointelegraph.  On March 19, Coinbase published a report disclosing that the US cryptocurrency exchange controlled more than 11% of staked Ether (ETH), more than any other Ethereum node operator.  According to

Japanese financial services giant SBI Holdings will expand its crypto business portfolio by acquiring a 12 percent stake in Clear Markets, according to SBI’s financial results report published July 31. SBI is scheduled to acquire up to 20 percent in the future. Clear Markets is a U.S.-based electronic trading platform developer and operator that offers…

Crypto unicorn Worldcoin has launched a waitlist for its “World ID” software development kit (SDK) — which will allow websites to verify the uniqueness and humanness of its users without storing their personal information. The company has also launched the World ID software itself, allowing end users to obtain their "World ID" immediately, according to a March…

United States-based investment banking company Bank of America (BofA) has filed a patent for a digital currency wallet with multiple layers of asset access. The proposed wallet would accept different passwords for different amounts of funds requested. The United States Patent and Trademark Office published BofA’s application on Aug. 15. Per the filing, this technology would…

BitTorrent’s decentralized file sharing protocol BitTorrent File System (BTFS) has launched its mainnet. The project seeks to become what developers describe as “the world’s largest and first scalable decentralized storage system.”According to a blog post published on Oct. 1, BTFS released various new features for the occasion and rolled out 3,000 new nodes. The post…

Bitcoin (BTC) investors and speculators held their positions over the summer, while markets seem to have become more stable overall, according to a new study by Chainalysis published September 24.The data presented in the report was compiled using the concept of standardized monetary aggregates. Specifically, the analysts categorized coins from the most liquid (coins used…