The future of crypto taxes: Understanding the ever-changing landscape
Crypto taxation remains to be a controversial space, though some transparency is expected. Go to Source Powered by WPeMatico
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Researchers find cryptocurrency ‘signatures of maturity’ similar to equities market
Scientists at the University of Melbourne and Tsinghua University published pre-print research comparing the cryptocurrency market to traditional equities. Go to Source Powered by WPeMatico
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto … Read more
OpenAI launches bug bounty program to combat system vulnerabilities
OpenAI sets up a bug bounty program to address privacy and cybersecurity issues and reward security researchers for identifying and addressing vulnerabilities in its systems. Go to Source Powered by WPeMatico
Men under 50 shoring up US cryptocurrency market: Pew Research
A Pew Research Center analysis shows that not much has changed over the past few years when it comes to U.S. cryptocurrency adoption and confidence. Go to Source Powered by WPeMatico
Fortune debuts ‘Crypto 40,’ Ethereum takes top honors for protocol category
The Fortune Crypto 40 highlights cryptocurrency organizations across eight different categories with heavy emphasis on older, established companies. Go to Source Powered by WPeMatico
Crypto could eliminate 97% of traditional remittance fees: Coinbase
U.S. consumers sending international bank transfers pay more than $12 billion annually in remittance fees alone. Go to Source Powered by WPeMatico
Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees
This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an … Read more
Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF
The Block reportedly laid off roughly 33% of its staff including interim CEO Bobby Moran in an effort to stabilize the platform following loans it received from Sam Bankman-Fried. Go to Source Powered by WPeMatico
Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions
The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a Swiss bank.” Ledger to … Read more