Vitalik Buterin urges Web3 wallets to improve security, privacy

“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner. 2064 Total views 19 Total shares The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and…

Loom Network, a blockchain-based platform designed with large-scale social apps and games in mind, launched a new bounties and rewards program.In the announcement published on Sept. 24, Loom said that it kicked off a new campaign to recruit decentralized applications (DApps) developers, which involves several large bonuses of Loom tokens to grow the ecosystem. Co-founder…

It's often the top priority for VCs and angel investors that businesses comply with relevant regulations, not decentralization, for growth. 582 Total views 25 Total shares In a series of tweets posted on Tuesday, Jack Dorsey, the co-founder and former CEO of Twitter, as well as the founder and CEO of Square (now Block), voiced…

Bison Bank will offer its digital asset services to high net worth individuals, becoming the first banking institution in the country authorized to do so. 389 Total views 5 Total shares Portuguese based bank Bison Bank has received permission from Portugal’s Central Bank (Banco de Portugal) to operate as a “virtual asset service provider ”(VASP),…

Mastercard has filed a patent for a method of anonymizing transactions on a blockchain, according to an application published by the United States Patent and Trademark Office (USPTO) Dec. 9.The filing outlines that “the use of one or more intermediary addresses to obscure the source and destination of funds in a blockchain transaction” can be…

Leading cryptocurrency fund manager Grayscale Investments explained some fundamental differences in the nature of central bank digital currencies (CBDC) and Bitcoin (BTC). In a recent report, Grayscale suggests that CBDCs are an upgrade to the traditional digital payment infrastructure, while Bitcoin is an upgraded version of money itself. The document reads:“CBDCs are sometimes viewed as synonymous…

Blockchain’s has surpassed 2^92 double-SHA256 hashes, hitting a new milestone. 701 Total views 27 Total shares With block #632874, which was mined on June 3, the Bitcoin (BTC) blockchain’s expected cumulative work hit a new milestone. According to Blockstream co-founder Pieter Wuille, it has now surpassed 2^92 double-SHA256 hashes, or 4951760157141521099596496896 hashes.Wuille noted that the previous…

A subsidiary of $80 billion German behemoth Deutsche Telekom has become a Chainlink node operator and will engage in "generalized mining." 1872 Total views 2 Total shares A subsidiary of Deutsche Telekom called T-Systems has become a Chainlink (LINK) node operator.Deutsche Telekom is one of Germany’s leading companies, employing over 200,000 people and has a…