Crypto tax software provider CoinTracker is integrating its software with H&R Block, a company that helps millions of customers prepare their income taxes across Canada, the United States and Australia. In an announcement seen by Cointelegraph, CoinTracker noted the partnership will allow American H&R Block customers to use CoinTracker and automatically fill in their Form 8949 regarding crypto trades. This form…
Month: March 2023
MoonPay CEO: Next Phase of NFT Adoption Will Come From ‘Brands You Love in Your Everyday Life’
MoonPay CEO: Next Phase of NFT Adoption Will Come From ‘Brands You Love in Your Everyday Life’ MoonPay CEO Ivan Soto-Wright talked to Decrypt’s Liam Kelly at NFT Paris about how NFTs are clearly not “waning,” how MoonPay works with brands like Puma and Nike to manage their Web3 plays and smart contracts, and how NFTs and crypto will go…
5 countries leading the blockchain adoption
Countries lead blockchain adoption for various reasons, including recognizing its potential to transform multiple sectors of the economy, promoting innovation and economic growth, and creating a favorable regulatory environment to attract blockchain businesses. Types of blockchain communities that lead blockchain adoption Blockchain communities refer to groups of individuals, organizations and companies involved in developing and using blockchain technology. These communities…
Token Sniffer Adds API for Faster Scam Scans
Token Sniffer is dead simple: paste a smart contract address into the tool to scan for telltale signs of a scam. But that doesn’t really scale for companies that need to check hundreds of tokens in a day. That’s why Solidus Labs, the blockchain security firm that acquired Token Sniffer last year, is rolling out Token Sniffer API subscriptions for…
Trezor crypto wallet’s move into the semiconductor business isn’t for everyone
Crypto wallet maker Trezor recently decided to start manufacturing its own hardware wallet chips to respond quickly to demand-triggering events like the FTX collapse. Trezor announced on Feb. 27 that it would begin producing the chip wrapper, a crucial component for the Trezor Model T — its flagship device. The move will reportedly cut the supply cycle lead times from two…
Cryptocurrency Subreddit Launches New MOON Token Pool on SushiSwap
The popular subreddit r/CryptoCurrency has joined SushiSwap’s dual rewards program Onsen to provide liquidity providers (LPs) with exchange fees, SUSHI, and MOON rewards. The key objective, according to a governance post from February, is to deepen the MOON token liquidity. SushiSwap’s business development lead Truda Hamzik said the team was “honored to have established a connection with the r/CryptoCurrency team…
Web3 platform partners with self-custody wallet to broaden crypto adoption in Africa
Cassava Network, an African Web3 platform focused on NFTs, gaming and loyalty rewards, has launched the third version of its platform, featuring an integration with non-custodial smart contract wallet Unipass to lets users use email addresses instead of seed phrase and gas. In a move to onboard Africans from Web2 into Web3, the partnership enables users who create Cassava accounts…
Ukraine’s central bank sees both promises and threats in Bitcoin
The National Bank of Ukraine (NBU) has expressed a mixed stance on cryptocurrencies like Bitcoin (BTC) after a year of war in the country. The central bank of Ukraine sees both good and bad in virtual assets, taking a more skeptical approach to crypto due to financial and economic issues caused by the invasion, according to the NBU press office.…
Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol
A team of former Jane Street and PIMCO traders have raised $15 million to produce a proof-of-solvency protocol for centralized exchanges, stablecoin issuers and other asset managers in the crypto space, according to a press release from the team shown to Cointelegraph. Called “Proven,” the new protocol allegedly uses zero-knowledge proofs to reveal an institution’s assets and liabilities without revealing…
BTC Moves to Fresh Multi-Week Low Following Silvergate Liquidation Announcement – Market Updates Bitcoin News
Bitcoin continued to trade lower on March 9, as prices fell to a fresh multi-week low in today’s session. The decline came as crypto bank Silvergate confirmed that it will be winding down operations. Ethereum also edged lower. Bitcoin Bitcoin (BTC) fell for a fourth straight session on Thursday, as markets reacted to news that Silvergate Bank will be liquidating…