IRS introduces broader ‘Digital Assets’ category ahead of 2022 tax year
An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new ‘Digital Asset’ category.
3 reasons why Quant Network’s QNT token may have topped after 450% gains since June
QNT whales have started securing profits after the token’s 450%-plus price rally since June 2022.
Turkey taps blockchain for e-Human project, President Erdoğan announced
Turkish President Recep Tayyip Erdoğan shared new details about the country’s e-Human project powered by blockchain.
Report: India ranks third in the world in terms of Web 3.0 workforce size
There are currently 450 Web 3.0 startup in the country, including four unicorns.
Eswatini’s central bank mulls issuance of a digital currency
The kingdom of Eswatini is considering the introduction of a central bank digital currency (CBDC), joining the growing list of African countries exploring the viability of an e-currency. The Central Bank of Eswatini (CBE) said it has appointed German technology group Giesecke+Devrient (G+D) to research and explore the possibilities of a digital Lilangeni (the country’s … Read more
Celo Protocol Moola Market Loses Over $10M in Market Manipulation Attack
Over 93% of the stolen funds were returned to the protocol shortly after the attack, developers said.
Prosecutors argue ‘insider trading’ claim in the OpenSea case is accurate
Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.”
Makersite lands $18M to help companies manage product supply chains
In 2018, Neil D’Souza, a software engineer by trade and previously the VP of product development at Thinkstep, came to the realization that his ten-plus-year effort to solve enterprise product challenges in the areas of sustainability, compliance and risk were having little impact. The way he saw it, they took too long, which minimized their … Read more
Israel’s Government and Tel Aviv Stock Exchange Preparing to Issue Digital State Bond
Israel’s Ministry of Finance and the Tel Aviv Stock Exchange (TASE) are preparing to issue a blockchain-based digital state bond.
Institutions ‘moving very, very fast’ into Crypto: Coinbase exec
D’Agostino also said the recent battles between the SEC and CFTC is a good thing for crypto because it indicates that it will be a “vitally important piece of market structure” moving forward.
Google is finally making Chrome tablet-friendly
After ignoring the app experience on Android tablets for years, Google appears increasingly focused on turning things around. Earlier this year, the search giant introduced Android 12L, which brought an improved interface and multitasking experience to tablets and foldable. At the developer conference Google IO in May, it promised to finetune over 20 of its … Read more
Major client demand the ‘tipping point’ for BNY Mellon’s crypto services
BNY Mellon CEO Robin Vince pointed to a survey earlier this year which found 91% of institutional asset managers were interested in investing in tokenized assets.
German crypto bank Nuri tells 500K users to withdraw funds ahead of shut down
Nuri will maintain crypto trading services until the end of November, and has encouraged users to withdraw their assets before the mid-December deadline.
Egypt’s Nexta to launch “next-gen banking” app with fresh $5M
Nexta, an Egyptian startup that plans to launch its banking app in the coming months, has secured a $5 million investment from eFinance Group, a state-owned provider of digital payments solutions. This news follows the $2 million pre-seed round Nexta announced this March, which Egyptian early-stage VC Disruptech led. Last year, Nexta obtained a provisional … Read more
Engineering Judgement: Ralph Peck
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The Thoughtful Prick: On Casanova
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Nifty News: Top 10 CryptoPunks wallet lays dormant, house sells on OpenSea, and more
A dormant nonfungible token (NFT) wallet from 2017 with 141 CryptoPunks has been found to have minted the now ludicrously expensive NFTs for a possible $7 each.