Cosmos patches ‘critical’ IBC protocol bug, saving $126M

“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK," said the executive director of CryptoUK Ian Taylor 25 Total views 2 Total shares Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency, on Wednesday, has…

The good times will be temporarily over once again on Thursday, one trader predicts, despite this week's 20% gains. 2500 Total views 2 Total shares Bitcoin (BTC) neared $38,000 in a strong comeback on June 10, but forecasts are mounting over an imminent retracement.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPrice drop on the menu for…

Speaking at Virtual Blockchain Week, Bitcoin.com chairman Roger Ver (also known as “Bitcoin Jesus”) has called for an immediate end to the enforced coronavirus lockdown on the grounds that it violates economic and personal freedom."I think the lockdown needs to come to an end, right now, today," he said. "If you want to lock yourself…

Twitter founder Jack Dorsey has thrown his weight behind Democratic presidential candidate Robert Kennedy Jr. 268 Total views 3 Total shares Twitter founder and current CEO of fintech firm Block Inc., Jack Dorsey has thrown his weight behind pro-crypto Democrat presidential candidate Robert F. Kennedy Jr. “He can and will,” wrote Dorsey, sharing a YouTube clip…

The fintech industry has been changing rapidly. Digital assets, distributed ledger technology and central bank digital currencies are gaining momentum. Multi-trillion-dollar United States Federal Reserve System money creation has increased demand for digital assets, particularly Bitcoin (BTC).Banks, brokers, commercial lenders, investment advisors, private investment funds, family offices, mutual funds, fintech entrepreneurs, lawmakers and private citizens…

A new DeFi yield farming platform in Thailand has rattled regulators. 1684 Total views 3 Total shares In their latest effort to regulate the cryptocurrency industry, Thailand’s financial regulators have turned their sights towards decentralized finance, or DeFi.According to a June 1 report from Bangkok Post, Thailand’s Securities and Exchange Commission (SEC) has announced that…

Visa got itself a fancy new Twitter avatar this August, and even though it didn’t stay up for long, the 8-bit-styled picture of a visibly unamused woman with a stylish mohawk still made dozens of headlines. It was not just about the relatively hefty price tag of $150,000. The mere fact that the financial giant…

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.Sometimes a project’s name tells you all you need to know about it, no matter how niche. Take Kryptomon, for…

Ethereum, DeFi tokens, and altcoins capitalized on Bitcoin’s consolidation by rallying strongly in the past 48-hours. 333 Total views 13 Total shares For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support. A positive is BTC continues to make higher lows…