Blockchain technology continues to advance at a rapid pace, with new innovations and developments constantly reshaping the industry. In line with this trend, Polygon Labs has recently made a groundbreaking announcement regarding the rollout of its highly anticipated POL smart contract token on the Ethereum mainnet. This token upgrade is set to revolutionize the Polygon
Blockchain
In a recent development, the DeFi Education Fund (DEF), a crypto research and advocacy group, along with crypto investment company Paradigm, has filed an amicus brief in support of James Harper’s lawsuit against the US Internal Revenue Service (IRS). The brief urges the Supreme Court to reverse the district court’s decision, highlighting the potential consequences
In a shocking revelation, a medical doctor from Georgia, Dr. James Wan, has confessed to using Bitcoin in an elaborate murder-for-hire plot to kill his girlfriend. The entire incident unfolded on the dark web, a hidden part of the internet notorious for its illegal activities. This sinister plan was fortunately thwarted before any harm could
In recent times, there has been a lot of talk about the potential Central Bank Digital Currency (CBDC) of Argentina. Economic Minister Sergio Massa has suggested utilizing the technology for fiscal growth, and now the Central Bank of Argentina has revealed plans to push for its implementation. This article will delve into the details of
Bitpanda, the largest cryptocurrency exchange in Europe, has recently announced its acquisition of a virtual asset service provider (VASP) license in Norway. This significant milestone marks Bitpanda as one of the first foreign cryptocurrency exchanges to receive such a license in Norway, allowing it to offer a wide range of crypto-related services to Norwegian customers.
The proposed Central Bank Digital Currency (CBDC), the digital euro, has drawn attention from European Union (EU) data protection agencies. The European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) recently expressed their opinions on the potential user privacy exposures of the digital euro, highlighting both positive aspects and areas of concern.
The customers of the bankrupt cryptocurrency exchanges FTX and FTX.US may soon have a glimmer of hope as an amended proposal aims to return a significant portion of their assets. This new plan, which will be submitted to a U.S. Bankruptcy Court for consideration by December 16, 2023, seeks to divide the missing customer assets
Solana Foundation, the nonprofit organization responsible for the layer-1 blockchain Solana, has recently joined forces with the Dubai Multi Commodities Centre (DMCC) as an ecosystem partner. The collaboration aims to leverage the Web3 value in Dubai and provide technical and business development support to the DMCC crypto community. The DMCC Crypto Centre, which houses a
The U.S. Internal Revenue Service (IRS) has recently proposed a rule aimed at defining cryptocurrency brokers and establishing clear tax payment procedures for them and their clients. The goal behind this proposal is to enhance transparency in the cryptocurrency industry and generate more tax revenue. While the IRS advocates for fair treatment of cryptocurrencies and
When it comes to blockchain technology, speed is often a key factor that determines its success. On October 11, the Open Network Foundation (TON Foundation) made an exciting announcement – it will be participating in a Guinness World Records-approved competition to claim the title of the “world’s fastest blockchain.” This public network performance test is