The Tel-Aviv Stock Exchange, the only public stock exchange in Israel, has announced that it is entering the crypto space and creating a platform for digital assets. “The next five years are a critical window of opportunity for TASE to play an active role in the technological revolution of the global capital markets,” said the CEO of the Tel-Aviv Stock…
Month: October 2022
How A Bug Brought Down The Lightning Network – Bitcoin Magazine
Watch This Episode On YouTube Or Rumble Listen To The Episode Here: In this episode of “Bitcoin, Explained,” hosts Aaron van Wirdum and Sjors Provoost discuss a recent bug in the btcd Bitcoin implementation that affected a large part of the Lightning Network, as it disconnected LND Lightning nodes from the Bitcoin blockchain. In the episode, van Wirdum and Provoost…
Zuckerberg’s $100B metaverse gamble is ‘super-sized and terrifying,’ shareholder says
A shareholder’s open letter to Meta CEO Mark Zuckerberg has labeled the tech giant’s investment into the Metaverse as “super-sized and terrifying.” The shareholder has urged the company to scale down its investment in the Metaverse and its related technology arm amid a significant fall in its stock price over the last 18 months. The open letter was published on…
New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges
Technology heavyweight Apple has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs. The new rules confirm how NFT purchases will be taxed and what they can and can’t be used for, while also clarifying rules around when a crypto exchange app can be listed. The Oct.…
Bitcoiners Should Work With The FATF – Bitcoin Magazine
This is an opinion editorial by Kevin Murcko, CEO and founder of Coinmetro. On October 12, 2022, I was honored to speak at Bitcoin Amsterdam’s panel session titled “FATF And The Threat To Bitcoin Privacy.” With my fellow speakers, we dove into the evolving role of the Financial Action Task Force (FATF), and its relationship to Bitcoin. It’s so important…
Fed Isn’t Too Hawkish and Crypto Is ‘Kind of Irrelevant’ – Economics Bitcoin News
JPMorgan Chase’s president that crypto “is kind of irrelevant in the scheme of things.” Commenting on the U.S. economy, he defended the Federal Reserve’s hawkish stance, emphasizing that if the Fed’s action “causes a slightly deeper recession for a period of time” then “that is the price we have to pay.” JPMorgan Chase President on U.S. Economy and Recession JPMorgan…
Learning From The LND Bug On Lightning – Bitcoin Magazine
This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. On October 9, 2022, Burak from Bitmatrix (a swap tool built on the Liquid Network) created and broadcast a transaction to the main Bitcoin network, spending a UTXO with a Tapscript multisig with a 998-of-999 threshold. This transaction had 998 individual…
Ethereum’s Merge won’t stop its price from sinking
Ethereum’s long-awaited Merge took place in September, shifting it from a legacy proof-of-work (POW) model to the sustainable proof-of-stake (PoS) consensus algorithm. Many observers expected Ether’s (ETH) price to respond positively as its daily emissions declined 90% with the halt of mining operations. However, the expected price surge never occurred. In fact, Ether has been down by over 7% since…
IRS Updates Crypto-Related Instructions for 2022 Tax Filing – Taxes Bitcoin News
The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,” the tax agency detailed. New IRS Instructions for Tax Form 1040 The Internal Revenue Service (IRS) released its 2022 draft instructions for tax form 1040…
Criminal use of crypto an ‘emerging threat’ — Australian police
Australia’s federal law enforcement agency has highlighted the criminal use of cryptocurrency as an “emerging threat” in the country but says it’s a continuous challenge to keep up the pace with criminals. A spokesperson for the Australian Federal Police (AFP) told Cointelegraph that there has been an “increase in the number of offenders using cryptocurrencies to facilitate illicit business and…