Harvard legal scholar and Yeshiva University law professor Christine Kim recently published a research paper detailing arguments for not only taxing the metaverse, but for treating it as “a laboratory for experimenting with cutting-edge policy.” In the paper, dubbed simply “Taxing the Metaverse,” Kim argues that the metaverse allows participants to create and build wealth entirely within its ecosystem. According…
Which private key storage method is most vulnerable to a cyber-attack that will steal user funds? This is one of ten survey questions that aim to become part of setting a new crypto literacy standard. Researchers from the University of Connecticut have published a new research paper titled “Measuring Crypto Literacy.” With it, their goal is to create and validate…
The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization. Source: https://cointelegraph.com/public/index.php/news/ethereum-staking-services-agree-self-limit-validators
BTC derivatives have flipped bearish after Bitcoin failed to establish bullish momentum despite heightened spot ETF prospects. Source: https://cointelegraph.com/public/index.php/news/bitcoin-futures-22k-btc-price-logical-step
Crypto gambling site Stake has experienced $16 million in withdrawals on Sept. 4 in what security platform Cyvers Alerts is calling “suspicious transactions.” The withdrawing account has been labeled “Stake.com Hacker” by Etherscan, implying that the drained funds may be the result of a stolen private key. ALERTOur AI-powered system has detected multiple suspicious transactions with @Stake.https://t.co/0ZoMITOyF5 address received about…
Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown. Source: https://cointelegraph.com/news/price-analysis-spx-dxy-btc-eth-bnb-xrp-ada-doge-sol-ton
Tharman Shanmugaratnam, former chair of the Monetary Authority of Singapore, has won the election for the city-state’s presidency with more than 70% of the vote. According to multiple reports from Sept. 2, Shanmugaratnam defeated presidential candidates Ng Kok Song and Tan Kin Lian to become the next president of Singapore with roughly 70.4% of votes. He will be sworn into…
Popular crypto betting platform Stake appears to have been exploited, losing around $40 million in funds, blockchain security experts said today. The gambling firm, which is backed by rapper Drake, experienced multiple unusual transactions Monday morning Eastern Time with around $16 million in Ethereum, Tether, USD Coin and DAI leaving the platform, Web3 security firm Cyvers first said on Twitter.…
Mayur Kamat, the Global Head of Product at Binance, has resigned from his position, becoming the latest in a string of top executives to depart the cryptocurrency exchange. Binance confirmed Kamat’s departure in a statement provided to Decrypt, expressing gratitude for his contributions during a period of significant growth: “We can confirm that Mayur has stepped down from his role…
A Bitcoin (BTC) price correction down to $22,000 is becoming increasingly likely as BTC derivatives have begun to exhibit bearish tendencies. The price chart of Bitcoin leaves little doubt that investor sentiment worsened after the much-hyped victory by Grayscale Asset Manager against the U.S. Securities and Exchange Commission (SEC) on Aug. 29 and the postponement of multiple spot BTC exchange-traded fund (ETF)…
