On Tuesday, leading blockchain firm ConsenSys made public its intention to contribute to a case that challenges the Internal Revenue Service’s (IRS) authority to tax staking rewards. The Jarretts, a Tennessee couple, filed a claim against the IRS in 2021 to recoup the federal income taxes that had been withheld
February 8, 2023 1 min read
A vulnerability in the smart contracts underlying the decentralized finance (DeFi) protocol CoW Swap has resulted in the theft of around 551 BNB worth around $181,600. The attacker reportedly added a wallet address as a “solver” of CoW Swap. And then used a transaction to authorize DAI transfers to SwapGuard
February 8, 2023 1 min read
Coinbase has made a public statement that they would include a new coin in their listing roadmap. The listing date has not been announced officially, but it is expected to occur within the next several weeks. When a cryptocurrency exchange such as Coinbase adds a token to its “roadmap.” It
February 7, 2023 2 mins read
It’s challenging for police departments to implement specific procedures in order to effectively execute the law in the metaverse. Interpol Secretary General Jurgen Stock, however, thinks that the organization has to be ready to respond to crimes that occur in the digital realm. Some criminal gangs are already making use
February 6, 2023 1 min read
According to the Uniswap DAO forum, Andreessen Horowitz (a16z), a venture capital company, voted against the final proposal to deploy Uniswap v3 on the BNB Chain through the Wormhole Bridge. 0xPlasma Labs, speaking for the Uniswap Community, presented a governance request on February 2. To deploy the current version of
February 6, 2023 2 mins read
Overstock has a significant stake in the tZERO Crypto exchange, which will close on March 6 according to a tweet from the exchange on February 3. While the United States Securities and Exchange Commission (SEC) and other authorities determine the legal status of crypto assets. The business said it will
February 4, 2023 1 min read
With Google’s $300 million investment in artificial intelligence startup Anthropic, it seems that the AI arms race has started in earnest. The IT giant is investing in the firm in order to strengthen its position as a competitor in the emerging area of generative AI. Since the release of the
February 4, 2023 1 min read
An estimated $120 million was taken from the protocol of a tiny decentralized autonomous organization (DAO). Due to a pretty large smart contract vulnerability. On February 1st, BonqDAO informed its Twitter followers of an oracle attack that compromised the Bonq protocol. And enabled the exploiter to influence the price of
February 3, 2023 1 min read
Bitcoin soared by over 40% in the first month of 2023, off to a fantastic start for the year. This was also the second-largest increase for the month of January in the last decade. For operational purposes, Bitcoin mining firm Marathon digital has been selling its BTC holdings as the
February 3, 2023 1 min read
Pick n Pay, a supermarket chain in South Africa, has accepted Bitcoin at 39 locations before rolling out the service company-wide. The rollout of Bitcoin acceptance took place over the course of the last three months of pilot testing. Customers at any of the retail locations in South Africa will
February 2, 2023 1 min read