IRS updates digital currency question in 1040 tax form
The tax agency posted its 1040 form last year to ask about virtual assets; however, a query led to confusion among U.S. citizens who wondered if buying and holding counted…
AscendEx exchange loses $77M in hack, promises full compensation
Formerly known as BitMax, AscendEx lost several coins, including Ether and Polygon, with Bitfinex and Binance being the biggest destinations for the funds. [...] Read More... The post AscendEx exchange…
Stefan Matthews: TAAL is much more than a one-trick pony
As the outgoing CEO of TAAL Distributed Information Technologies Inc., Stefan Matthews is pleased with the health of the business he’s handing on to his successor: “Things are going very…
Solana failing again? Better to stick with the tried and true
As Solana continues to gain attention and grow, the issues have raised serious concerns at the network's ability to scale reliably/securely—and throughput and scaling are Solana's two biggest selling points.…
History of BTC, lie of decentralization and corrupt government: Jerry Chan joins Crypto Bitz
In a recent episode of Crypto Bitz, guest Jerry Chan talks about how he got involved in Bitcoin, why he objects that BTC won the war on Bitcoin, the misguided…
Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge
The Kazakh central bank worked with local banks and international partners on the prototype, but it will decide on the need for digital tenge by December 2022. [...] Read More...…
Polkadot sets its eyes on NFTs and CBDCs with new network upgrade proposal
The Polkadot (DOT) community has proposed an upgrade called Motion 131, due to be voted upon as Referendum 46. Its approval would bring a suite of developments on the network…
