Recent events surrounding the crypto exchange Binance sparked significant debate about the United States’ crackdown on crypto firms. According to Omid Malekan, adjunct professor at Columbia Business School and author, the Department of Justice’s approach in the case is very...
The importance of decentralization in file sharing Decentralized file sharing revolutionizes data access by eliminating dependence on centralized servers and utilizing P2P technology to distribute files across a network of nodes.Distributing and accessing data without depending on a centralized server...
Azuki DAO, an unofficial community decentralized autonomous organization surrounding the namesake nonfungible token collection, has announced its rebranding to “Bean" as it drops a proposed lawsuit against the NFT collection’s founder, Zagabond, over a $39 million minting affair. In a statement...
Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems.In a recent report published by The Investment Association (IA), it argued that fund tokenization – issuing...
Final Fantasy game developer Square Enix announced auction dates for its upcoming Symbiogenesis non-fungible tokens (NFTs). In a Nov. 24 social media post, the team said it would sell the NFTs in three batches. The first batch will be auctioned...
South Korean national Do Kwon, the founder of the now-collapsed Terra Luna cryptocurrency, is set to be extradited from Montenegro, where he has been imprisoned as a fugitive since March. The High Court in the Montenegrin capital Podgorica approved...
As crypto community members celebrated Thanksgiving, many expressed gratitude for the progress made in the digital asset space over the years. From comparing price points for Bitcoin (BTC) and Ether (ETH) in 2022 to sharing their Thanksgiving conversations about BTC, crypto...
Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT) is payable on a slate of everyday decentralized finance transactions.The ATO failed to answer direct questions from Cointelegraph on whether...
The attacker who drained $46 million from KyberSwap relied on a “complex and carefully engineered smart contract exploit” to carry out the attack, according to a social media thread by Ambient exchange founder Doug Colkitt. Colkitt labeled the exploit an “infinite...
Aside from the huge fines imposed on Binance and its former CEO Changpeng Zhao announced this week by US regulators and the crypto exchange, there was another important facet to the shock plea deal that is likely to have...
