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Huobi-invested startup Whole Network plans to launch its blockchain-powered smartphone Acute Angle in Southeast Asia next week.Official launch is imminentThe new blockchain phone was already available to some users in China, but the actual launch of Acute Angle is scheduled for next week as part of the sixth Huobi Prime launch, according to a Finance…

United States tax preparation software TurboTax Online has reportedly partnered with CoinsTax, LLC to offer cryptocurrency tax calculation to its services, a press release reveals Monday, Feb. 4.As the U.S. Internal Revenue Service (IRS) has just opened tax return filing, TurboTax is launching a new section for crypto taxation. The new service will be available…

A new report claims that about 70% of respondents are either practicing the travel rule or planning to complete their compliance in Q1/Q2 2022. 299 Total views 23 Total shares The cryptocurrency industry is eager to comply with the Financial Action Task Force's (FATF) so-called Travel Rule, and appears willing to work with regulators in…

The $5-billion estimation is based on three major seizures linked to the Bitfinex hack and Silk Road, meaning the actual holdings could be much larger. 376 Total views 55 Total shares The United States government has become one of the largest Bitcoin (BTC) holders, with over 200,000 BTC worth more than $5 billion despite selling

After a 160% increase over the past 3 months, the open interest on Bitcoin (BTC) options reached a new record-high at $12 billion. While this number might seem unusually high, it makes sense that the figure would increase as Bitcoin’s market capitalization surpassed $1 trillion. Deribit BTC options open interest in USD. Source: laevitas.chAlthough Friday's $3.2…

The document, which could define a national framework for digital assets, is almost ready. 355 Total views 30 Total shares The Department of Economic Affairs of India is finalizing a consultation paper on crypto currencies, which then will be handed over to the federal government. The implementation of the document could bring the country of…

Further details are coming to light following a July 2 attack on cross-chain bridge platform Poly Network, which has resulted in a hacker being able to issue billions of tokens out of thin air for profit.In a July 2 Twitter post, Poly Network confirmed it became the latest DeFi exploit victim after attackers managed to…

The world’s largest producer of palladium and high-grade nickel is joining a multi-stakeholder initiative that uses blockchain technology. 2098 Total views 7 Total shares "Mining" may be most frequently used in the crypto industry to refer to the process by which digital currencies are collectively generated — but there are contexts in which firms are…

The ADGM’s new regulatory framework is the first of its kind in the world, it says. The free financial zone is already a hub of crypto activity. 160 Total views 2 Total shares The Abu Dhabi Global Market (ADGM) Registration Authority has introduced comprehensive regulations governing Web3 organizations. The international financial free zone’s regulatory framework