Chris Larsen, the chair and co-founder of Ripple Labs, has asserted that the United States legal system aims to rectify the missteps in crypto policy made by the Biden administration. He highlighted his company’s partial victory against the Securities and Exchange Commission in July, emphasizing that the regulator faltered on critical aspects pivotal to industry regulation. Larsen Slams Gensler on the Lack of Crypto Regulatory Clarity The Ripple co-founder recently expressed...
Read More »Arkham Intelligence Says Grayscale Bitcoin Trust’s Wallets Hold Over $16B in BTC
Blockchain analytics firm Arkham Intelligence has found that on-chain wallets tied to the Grayscale Bitcoin Trust (GBTC) hold more than $16 billion in BTC. In a recent tweet, the crypto data tracking platform said that the trust’s issuer, Grayscale Investments, is the second largest global bitcoin holder, with the assets spread across more than 1,750 different addresses. Grayscale Holds Over $16B in BTC Arkham noted that Grayscale has refused to identify GBTC’s on-chain...
Read More »Oasys and double jump.tokyo Showcase Blockchain Gaming at Tokyo Game Show 2023
The Tokyo Game Show 2023 will feature Oasys and double jump.tokyo, highlighting the latest trends in blockchain gaming. The Tokyo Game Show 2023, renowned as one of Japan’s largest gaming expos, is set to host a significant exhibition on blockchain gaming. Oasys, a blockchain-based game development platform, and double jump.tokyo will be the main attraction, showcasing the latest trends in the blockchain gaming industry. According to the Tokyo Game Show announcement, the event will take...
Read More »Planetarium Labs Unveils Two Cutting-Edge Blockchain Games
Both games incorporate Web3 innovations such as self-balancing tokenomics and dynamic guild warfare systems, giving top guilds the power to influence in-game resources and rewards. In an announcement during the ongoing Korea Blockchain Week (KBW), which started on September 4, Planetarium Labs, a leading Web3 gaming company, has unveiled two innovative blockchain games that promise to redefine the gaming experience for players. The first game, Verse8, is an open-source, decentralized...
Read More »Zeebu Secures $25 Million in Presale Funding for World’s First On-chain Invoice Settlement Platform for Telecom Carriers
September 7, 2023 –– Zeebu, the innovative blockchain-based settlement platform for the telecom carrier industry, has successfully raised $25 million in a presale funding round, surpassing its hard cap target of $15 million. The round saw participation from several strategic investors, including Bankai Ventures. The market’s enthusiasm for Zeebu’s groundbreaking on-chain invoice settlement platform and loyalty token, which aims to revolutionize the telecom carrier...
Read More »US Treasury and IRS Propose Cryptocurrency Reporting Rules for Brokers
The United States Government Accountability Office (GAO) warns that “limits on third party information reporting to the IRS is an important factor contributing to the tax gap, which is the difference between taxes legally owed and taxes actually paid”. The United States Department of the Treasury and the Internal Revenue Service (IRS) have jointly released a proposed set of cryptocurrency regulations requiring brokers to report gains and losses incurred during the sale of cryptocurrency...
Read More »Taiwan to Ban All Offshore Exchanges on Failure of Compliance
The Taiwanese government is planning to release guiding principles by the month end, in order to boost information disclosure for crypto exchanges. Taiwan is preparing to introduce some sweeping regulatory changes while restricting offshore exchanges from operating in the country without any proper compliance in place. The Financial Supervisory Commission (FSC) of Taiwan has formulated ten guiding principles for virtual asset service providers to establish their own self-regulatory...
Read More »Darum ist der ERC-20-Standard der verbreitetste Standard im Blockchain-Universum
Die Welt der Blockchain-Technologie hat in den letzten Jahren eine explosive Entwicklung erlebt. Eine der bedeutendsten Errungenschaften in dieser Welt ist zweifellos der ERC-20-Standard. ERC-20 steht für „Ethereum Request for Comment 20“ und ist ein technischer Standard, der auf der Ethereum-Blockchain basiert. Warum aber ist dieser Standard derart verbreitet und erfolgreich geworden? In diesem Artikel werfen wir einen genaueren Blick auf die Gründe hinter der weitverbreiteten Nutzung des...
Read More »Something’s Close to an ATH But It’s Definitely Not What You Think
With crypto market apathy in full effect, decentralized finance (DeFi) activity has plummeted across the board in 2023 – all but in one sub-sector. Liquid staking protocols are approaching an all-time high in total value locked (TVL), having appreciated nearly 293% since their June 2022 lows. The Rise of Liquid Staking According to DeFiLlama, liquid staking protocols now hold $20.5 billion in assets – up from slightly over $5 billion 15 months ago. Lido alone boasts $14.1...
Read More »Ripple Expands Blockchain Research Initiative In Europe
Ripple announced on Monday that it has added four new European institutions to its University Blockchain and Research Initiative (UBRI). The partner universities will help promote blockchain research and education across the region. According to Ripple’s announcement, the new universities include Trinity College Dublin (Ireland), EPITA (France), IE Madrid (Spain), and the University of Trento (Italy). This brings Ripple’s total European partners up to 14. IE Madrid plans to...
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