About Author:
1 Confirmation with Jeff and Dave
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.
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 mainstream sports. Chiliz Eyes Fan Tokens for $75 Billion U.S. Sport Industry In a press release published on the Chiliz...
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...
The U.S. Internal Revenue Service (IRS) is yet to clarify which Foreign Account Tax Compliance Act (FATCA) rules apply to crypto tax filings. Meanwhile, a U.S. Congress watchdog is saying aspects of the updated crypto taxation guidelines published by the IRS in 2019 are not enforceable. Concerning FATCA Compliance for...
The IOTA Foundation in partnership with the Eclipse Foundation, Dell Technologies, and 14 other partners are set to launch the Tangle EE Working Group tasked with promoting greater IOTA adoption. Tangle EE Working Group to Focus on Promoting IOTA Adoption In a blog post published on Tuesday (February 11, 2020),...
Crypto proponent Andrew Yang has pulled out of the 2020 U.S. Presidential race admitting that his campaign does not have the numbers to win the polls in November. Crypto-friendly Andrew Yang Calls Time on 2020 Election According to CNN, Democratic Presidential aspirant Andrew Yang has ended his to win the...
The Economic Offences Wing (EOW) of the Tamil Nadu Police has issued a warning against cryptocurrency dealings. Trade Cryptocurrency at Your Own Risk In a press release, the Tamil Nadu Police EOW advised residents of the state not to get involved in cryptocurrency transactions owing risk of fraud and other...
Evidence presented by liquidators from accounting behemoth Grant Thornton suggests that New Zealand crypto exchange Cryptopia failed to comply with anti-money laundering (AML) regulations before suffering a hack back in January 2019. Cryptopia Had Zero KYC/AML Compliance Pre-hack According to NZ Herald, liquidators from accounting giant Grant Thorton have filed...
The U.S. Secret Service could receive up to $2.4 billion in funding to monitor crypto crimes as part of the White House budget proposal for 2021. Secret Service Monitoring Crypto Money Laundering According to the budget proposal document, the Secret Service will be tasked with monitoring the use of cryptos...
Altsbit, an Italian crypto exchange that was hacked earlier in February says it will shut down operations after finishing a partial refund for affected customers. Altsbit Publishes Partial Refund Plan According to a statement on its website, Altsbit says the crypto exchange platform will terminate its operations in May 2020....
A senior lawmaker of Japan’s ruling party has advised the government to include plans for its central bank digital currency (CBDC) in its mid-year policy guidelines and look to launch its digital yen in two to three years. Japanese Lawmakers Angling for CBDC According to Reuters, the head of the...
