Cryptocurrency Analysis and News Portal
Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new international standard on automatic exchange of information between tax authorities, into their domestic law systems. The statement was published on Nov. 10. The Organisation for Economic Cooperation and Development (OECD) published
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On June 20, Tether Operations Limited, the firm behind United States dollar stablecoin Tether (USDT), along with cryptocurrency exchange Bitfinex announced the allocation of a 100,000 USDT grant to support open-source privacy operating system Qubes OS. Paolo Ardoino, chief technology officer of Tether and Bitfinex, commented: “We recognize the paramount importance of
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At the intersection of tech and cryptocurrency news, the Google for Startups Cloud Program has expanded to include 11 blockchain firms. Together, the entities will provide grants, expertise and services to emerging Web3 entrepreneurs. Meanwhile, the United Kingdom government has allocated $125 million in funding for a task force aimed at
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The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the new currency will be “preserving privacy by default and by design.” Eurogroup
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Eric Adams, who became mayor of New York City in January, has reportedly stood behind a campaign pledge to make the city a crypto hub, despite a drop in the price of many tokens in 2022.According to a Dec. 12 report from Slate, Adams suggested he still wanted New York
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In light of the FTX liquidity crisis and the almost-acquisition by Binance, Binance CEO Changpeng “CZ” Zhao assured his community that his network would provide full transparency on asset holdings.On Nov. 10, Binance published a new page titled “Proof of Assets” on which all details are available of its on-chain activity
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Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings.In a Nov. 8 Twitter post, Zhao pledged to implement a Proof-of-Reserve mechanism at Binance to provide “full
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Fintech firm Ripple is garnering more support from the crypto and finance industry in its ongoing battle with the United States Securities and Exchange Commission (SEC).On Nov. 4, Ripple chief executive Brad Garlinghouse proudly tweeted that the number of companies, developers, exchanges, associations, and investors officially supporting the firm has
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In recent years, Bankman-Fried has built up a reputation for writing big checks, most notably donating to political campaigns. This includes a record-setting $12 million to fund effective altruism-aligned candidate Carrick Flynn. Last month, Flynn lost in the Oregon Democratic congressional primaries. Source
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“We decided to make our carbon-negative pledge forever with blockchain transparency and perpetual smart contracts,” Ihsanullah said in an interview. “A smart contract takes the parameters of the blockchain – how many relays are involved, how many nodes are involved, how many transactions, etc. – and comes up with the
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