Business

IRS updates digital currency question in 1040 tax form
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16 December, 2021

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...
AscendEx exchange loses $77M in hack, promises full compensation
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16 December, 2021

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...
Solana failing again? Better to stick with the tried and true
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16 December, 2021

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...
Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge
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16 December, 2021

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...
BSV Stories – Episode 5: With blockchain power, it’s game on!
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15 December, 2021

BSV Stories – Episode 5: With blockchain power, it’s game on!

In this episode of BSV Stories, host Claire Celdran unravels the potential of blockchain-based gaming and how it can lead...
South Africa to introduce digital currency regulations in early 2022
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15 December, 2021

South Africa to introduce digital currency regulations in early 2022

The country’s top financial regulator believes that while they don’t pose systemic risk, digital currencies are still a risky sector...
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