About Author:
Osato Avan-Nomayo
Osato is a Bitcoin enthusiast with a flair for writing. When he isn't providing unique perspectives on the current happenings in the industry, he can be found pouring over old books on history and philosophy or trying to beat his Scrabble high score.
The United States Internal Revenue Service (IRS) is inviting cryptocurrency stakeholders to a crypto tax summit in March. The move comes as the IRS has declared its intention to pursue robust virtual currency tax enforcement in 2020. IRS and Crypto Groups to Discuss Taxation Policies According to Bloomberg Tax, the...
Decentralized Finance (DeFi) lending platform bZx has reportedly suffered another attack with the hacker making off with a profit of 2,378 ETH (about $645,000). bZx Hits Pause Following Suspected Attack In a tweet published on Tuesday (February 18, 2020), bZx acknowledged suspicious transactions involving flash loans. The suspected attack comes...
FCoin founder Zhang Jian has published a lengthy tell-all detailing the demise of the once-promising crypto exchange platform with the service unable to service the $125 million in crypto deposits owed to customers. FCoin Founder Bares All On Monday (February 17, 2020), Jian published a blog post on the FCoin...
Blockchain sports firm Chiliz has announced a partnership with Lagardère Sports and Entertainment. The partnership with the major marketing agency is expected to bring the Socios blockchain-based fan tokens into the NFL and MLB sports leagues. Chiliz Eyes Fan Tokens for $75 Billion U.S. Sport Industry In a press release...
IOTA has announced the release of a safe desktop Trinity Wallet after hackers exploited a bug to reportedly steal about $1.6 million. The project team is also warning users to beware of impostors on the IOTA Discord page posing to be part of the mod team. New Trinity Desktop Wallet...
The Election Commission of India (ECI) and the Indian Institute of Technology, Chennai (IIT-C) are working to create a blockchain system for implementing electoral reforms. The move forms part of the growing trend of government-backed distributed technology (DLT) use cases in the country. EC and IIT-Chennai Partner on Blockchain Voting...
IOTA devs say they have successfully created a patch for the vulnerability responsible for the recent Trinity Wallet hack which reportedly resulted in the loss of $1.6 million. The altcoin token is still reeling from the effects of the hack and the network shutdown with the token price sliding 11...
Decentralized finance (DeFi) protocol bZx has clarified reports of lost funds from a malicious exploit of its Fulcrum trading platform stating that lenders were not affected by the incident. Friday’s protocol exploit has meanwhile ignited some debate over the degree of decentralization in DeFi products. Funds Not Lost in bZx...
University of Wyoming (UW), one of the most crypto-friendly public universities in the U.S. has received a gift of $500,000 in Cardano Tokens. UW Receives $500K Cardano Donation from IOHK UW announced the news in a statement published on its website on Friday (February 14, 2020). Per the state’s legislative...
Blockchain blogging platform Steemit is set to migrate to the Tron ecosystem following a strategic partnership between both organizations. The move marks another development of Steemit as it seeks to recover from the negative impacts of the 2018 crypto bear market shake-up. TRON Partners with Steemit The Tron Foundation announced...
