In an effort to boost state revenues, Laos appears to be turning its attention to the country’s crypto sector. According to a Nov. 9 report by China’s state news agency Xinhua News, citing a report from Laos People’s Army News, cryptocurrency operators in the Southeast Asian country owes $20 million in taxes and licensing fees. To expand government revenue streams,…
Ethereum co-founder Vitalik Buterin recently authored a research paper, the primary focus of which was integrating privacy features into blockchain transactions while ensuring compliance with a range of regulatory requirements. Experts from various backgrounds collaborated on this research project, including early Tornado Cash contributor Ameen Soleimani, Chainalysis chief scientist Jacob Illum, and researchers from the University of Basel. The diverse…
Business simulation game Legacy is now available for PC and Mac on the Gala Games platform, giving players the chance to test their strategic smarts against each other to win in-game prizes, bragging rights and potentially Gala Games’ GALA token. Developed by 22cans, Legacy puts players in charge of a fledgling company. Players design products, manage the production process and…
The Chinese artificial intelligence (AI) chip market has been subject to ongoing export restrictions which imposed by the United States from October 2022, which prohibited the sale of certain U.S. products to China. The U.S. initially blocked the export of the highest level of chips produced by companies like Nvidia and AMD. Under the initial October controls the companies were…
Bitcoin (BTC) may have tapped $37,000 for the first time in 18 months, but traders are getting suspicious of BTC price action. BTC/USD 1-hour chart. Source: TradingView BTC price move “doesn’t feel right” After snap overnight gains, Bitcoin is attempting to crush resistance on the way toward the $40,000 mark. Data from Cointelegraph Markets Pro and TradingView shows BTC/USD snatching…
“Something doesn’t feel right” about the latest BTC price uptick, a warning tells traders, as Bitcoin open interest passes $17 billion. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-traders-btc-price-targets-40k-volume
Bitcoin (BTC) briefly surpassed the $37,000 mark for the first time in 18 months as the wider markets reflect optimism over the pending approval of spot BTC exchange-traded funds in the United States. Data from a number of cryptocurrency market platforms, including Cointelegraph Markets Pro and TradingView, showed BTC/USD surpassing $37,000 on Nov. 9 before retracing below the mark. Bitcoin’s…
U.S. Representatives Zach Nunn and Abigail Spanberger have jointly introduced the Creating Legal Accountability for Rogue Innovators and Technology (CLARITY) Act. The legislation aims to prohibit federal government officials from conducting business with Chinese blockchain companies. The Act would ban government employees from using the underlying networks of Chinese blockchain or cryptocurrency trading platforms. Furthermore, it would explicitly forbid U.S. government officials…
Singapore-based digital asset investment firm Spartan Group has announced investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE). After actively supporting Pendle since its launch in 2021, Spartan Group’s crypto venture capital arm Spartan Capital has made a follow-on investment in Pendle Finance through an over-the-counter, or OTC, purchase. The firm emphasized that Spartan and Pendle have had a…
A report issued by the Office of the Maine State Treasurer highlighted the U.S. state’s interest in officially managing the abandoned and recovered crypto assets. The program evaluation report of Maine uncovered the state’s lack of preparedness when it comes to handling cryptocurrencies. It read: “Our office does not currently handle cryptocurrency, but programs like Unclaimed Property may need to…
