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Ethereum Developer’s Trial for Attendance at North Korea Blockchain Conference Set for September 2021

Ethereum Developer’s Trial for Attendance at North Korea Blockchain Conference Set for September 2021

Ethereum researcher Virgil Griffith has been accused by the US government of assisting North Korea in questionable affairs involving cryptocurrencies.

Crypto.com Joins Hands with Xfers to Enhance Cryptocurrency Adoption in Singapore

Crypto.com Joins Hands with Xfers to Enhance Cryptocurrency Adoption in Singapore

At the ongoing Singapore Fintech Festival, Crypto.com has revealed its collaboration with Xfers, a Singapore-based payment processing portal. By December 2019, the partnership seeks to permit Crypto.com users to purchase and sell crypto, such as Ripple, Ethereum and Litcoin, among others in SGD.

IRS Announces New Tax Payment Guidance on Cryptocurrencies

IRS Announces New Tax Payment Guidance on Cryptocurrencies

The controversial nature of the acceptance of cryptocurrencies is now more tilted to the positive end where world government now deem it fit to establish guidelines to tax cryptocurrency holders.

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.

Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push

Chinese Government Releases First-Ever Blockchain Application Blueprint, Continuing on its Major Tech Push

The Chinese government has released its first-ever blockchain application blueprint regarding government services in the country. According to Beijing’s blueprint, 140 government services applications are already on blockchain and are divided into three categories, including data sharing and exchange, business collaborative processing, and electronic certificate and certificate storage.

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Holdings has joined hands with blockchain firm ShareRing to deploy a blockchain-powered digital document and identity management solution.

Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea

Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea

A judge has ruled that the U.S. Department of Justice has enough evidence to move to trial against Ethereum developer Virgil Griffith after he allegedly aided in the circumvention of U.S. Sanctions that have been placed on the Democratic People’s Republic of North Korea.

Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

One of China's major banks, the Industrial and Commercial Bank of China (ICBC) has released its white paper on blockchain-based applications in the financial sector. The document is the first white paper related to blockchain technology in the financial industry. The paper also highlights the present challenges faced by the banking sector.

Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators

Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators

The leaked "Tai Chi" document obtained by Forbes indicates that Binance.US was set up to circumvent regulation—a claim that CEO Changpeng Zhao (CZ) vehemently denies.

US SEC Lists Priorities for Crypto Examination in 2020

US SEC Lists Priorities for Crypto Examination in 2020

The SEC’s Office of Compliance Inspections and Examinations (OCIE) has published a list of its 2020 Examination Priorities and cites ongoing risks surrounding digital assets and their transfer agents for US retail investors.

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.

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