Türkiye to use blockchain-based digital identity for online public services
Shortly after the Turkish central bank completed the first CBDC tests, Türkiye announced a blockchain-based digital identity application. Go to Source Powered by WPeMatico
Month: January 2023
Dogecoin Foundation announces new fund for core developers
The Dogecoin Foundation allocated 5 million DOGE, which is around $360,000 at the time of writing, to the development of the ecosystem. Go to Source Powered by WPeMatico
Sam Bankman-Fried’s Alameda Research troubles predate FTX: Report
SBF had claimed that the operations of FTX and Alameda were independent, but the recent lawsuit has revealed that both firms worked in conjecture from day one. Go to Source Powered by WPeMatico
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held before Dec. 31, 2021, and a 0.5% fine for each … Read more
US will see new ‘inflation spike’ — 5 things to know in Bitcoin this week
Bitcoin starts 2023 with a whimper as volatility stays absent and BTC price tips favor fresh downside to come. Go to Source Powered by WPeMatico
Bitcoin Core developer hack highlights self-custody risks: Community responds
A Twitter user pointed out that if a top Bitcoin developer can’t keep his wallet secure, then mass adoption is a pipe dream. Go to Source Powered by WPeMatico
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval. Go to Source Powered by WPeMatico
Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks, has argued. Philion insists that the lack of such secure solutions has constrained the … Read more
Vitalik Buterin highlights what he’s bullish about for 2023
The Ethereum co-founder expects to reach a new milestone for rollups this year. Go to Source Powered by WPeMatico
Lido overtakes MakerDAO and now has the highest TVL in DeFi
A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake. Go to Source Powered by WPeMatico
