New Zealand introduces OECD crypto reporting framework on new tax bill
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000).
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Reeling from post-hack price slump, Easyfi reveals community compensation plan
Stablecoins, IOU tokens, and future incentive programs are coming down the pipe for jilted investors. 3136 Total views 21 Total shares After a devastating hack, a cross-chain decentralized finance (DeFi) protocol has revealed today a temporary compensation plan for token holders and investors impacted by one of the largest exploits in DeFi history. In a Tweet…

Dan Tapiero launches $200M investment fund for late-stage crypto firms
The SEC filing notes the 10T Fund’s first sale occurred on Jan. 29, with $76 million remaining to be sold. 2671 Total views 9 Total shares Macro investor Dan Tapiero has launched a $200 million fund intended to invest in mid- to late-stage companies in the digital asset ecosystem.According to a Notice of Exempt Offering…

Crypto advocates call for post-Biden clarity on digital asset regulations
Industry leaders at a US congressional subcommittee hearing are set to call for clear digital asset regulations to maintain global competitiveness and attract crypto firms.

Top-5 Cryptos This Week: TRX, BCH, HT, XLM, XMR
The crypto space is taking a breather after the recent sharp run. However, Binance CEO Changpeng Zhao (CZ) recently tweeted that he is positive that Bitcoin (BTC) will resume its rally to $16,000 “soon-ish.” This suggests that CZ believes the market has bottomed and is in the process of resuming the uptrend. Furthermore, the long-term…

An overview of the blockchain development lifecycle
Blockchain application development refers to the process of creating a blockchain-native application. Blockchain development differs from traditional application development in several important ways. In fact, a considerable amount of planning goes into blockchain development first due to additional considerations like choosing the most suitable incentivization scheme, the degree of transparency desired, specific group permissions and…

United Nations Is Among New Entrants in Forbes’ 2nd Blockchain 50 List
Newly released Blockchain 50 list by major finance publication Forbes features some new entrants like major international association, the United Nations.Shortly after including six blockchain-focused firms into its Fintech 50 list last week, Forbes has released another compilation of 50 global enterprises actively embracing blockchain technology.Newcomers include the United Nations, China Construction Bank, Square and…

Gala Games CEO blames $23M exploit on ‘messed up’ internal controls
Gala Games CEO Eric Schiermeyer confirmed on Tuesday there was a “security incident” that resulted in the unauthorized sale of 600 million GALA tokens.

BIS, Bank of England conclude DLT settlements pilot
The insights of Project Meridian would be used by the Bank of England in its real-time gross settlement system. 363 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a distributed ledger…