The HMRC is asking for input from investors, professionals and organizations involved in DeFi-related activities.
Arnold Kirimi
Arnold is a Bitcoin enthusiast who has been active in the blockchain sector since 2016. He enjoys talking about blockchain and its implications for the future of humanity.
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UK government seeks public input on DeFi taxation - News
Multichain adds Rootstock to its blockchain bridge ecosystem The RSK sidechain is the first Bitcoin-based sidechain to be incorporated into Multichain.
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Singapore reprimands 3AC for providing false information MAS said that the company had assets under management in excess of the permitted amount, and provided false information.
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Coinbase seeking aggressive European expansion amid crypto winter Coinbase is already licensed to trade cryptocurrencies in the United Kingdom, Ireland and Germany.
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OpenSea data breach causes massive leak of users’ email addresses The NFT marketplace noted that it has reported the incident to law enforcement officials and that an inquiry is underway.
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Alkemi Earn integration brings DeFi lending to 1.5M Ledger users The objective of the Ledger project is to provide consumers with a way to purchase and use digital assets without giving up control to third-party platforms or systems.
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KPMG enters the metaverse, invests $30M in Web3 employee training The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.
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Axie Infinity to compensate Ronin exploit victims and relaunch bridge Once the bridge reopens on Tuesday, users will be able to withdraw one ETH for each one they possessed before the attack.
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Eminem and Snoop Dogg turn into BAYC chars in new music video Eminem and Snoop Dogg bear an uncanny resemblance to Bored Apes in the new semi-animated music video titled “From The D 2 The LBC.”
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University of Cincinnati turning crypto craze into educational curriculum The programs, which are funded by a longtime supporter of the university, will teach students about Bitcoin and other digital assets.
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Bybit enters into settlement agreement with Ontario Securities Commission Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario.
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eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions.
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Roxe Holding in talks for listing on Nasdaq via $3.6B SPAC deal The firm has entered an agreement with special purpose acquisition company Goldenstone Acquisition Ltd, through which it will pursue the listing.
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Cloudflare outage affects multiple crypto exchanges Users attempting to visit certain websites were met with a “500 Internal Server Error” notice due to a Cloudflare outage.
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US Air Force taps SIMBA Chain to develop budgeting and accounting system They said the purpose of DiBaT is to convert all dollars in the USAF supply chain budget into tokens and monitor fund movement across billing centers, purchasing centers and suppliers.
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CAR president urges citizens to understand Bitcoin to bring long-term prosperity For the past few weeks, the crypto market has been in a tailspin. While other investors may have given up on BTC, its ardent supporters continue to extol its virtues.
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Bitcoin and Lightning Network can save DeFi from adversity — MicroStrategy CEO Bitcoin provides a “sound ethical, economic, and technical foundation for DeFi,” said Michael Saylor.
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OpenSea announces new security features to protect users from NFT scams The new feature will automatically hide suspicious NFT transfers from view on their marketplace.
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Chinese chip designer reportedly filed for $50M Nasdaq IPO Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions.
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Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite.
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Singapore to explore digital asset tokenization on public chains The project will see MAS explore DeFi applications in wholesale funding markets by establishing a liquidity pool of tokenized bonds and deposits.
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Hodler’s guide to travel: Which platforms accept cryptocurrency? Is it possible to vacation using cryptocurrency? The digital era has revolutionized the way we bank, shop and socialize. Why not use crypto to book your next holiday?
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Stepn to block mainland China users to comply with regulatory policies In a move to comply with Chinese regulatory policies, Stepn will be blocking users based in mainland China from its mobile app.
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Portugal’s Assembleia da Republica says no to two crypto tax bills The Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes.
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Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction.
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Korean watchdog begins risk assessment of crypto as Terra 2.0 passes vote While the FSS' standardization effort is still in its early stages, it is expected that once a legal framework for virtual assets has been established, a uniform evaluation system will be put in place.
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NFT owners reminded to be vigilant after 29 Moonbirds were stolen by clicking a bad link A malicious link netted a scammer $1.5 million worth of Moonbird NFTs from a Proof Collective member.
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Litecoin confidential transactions spook Korean exchanges The two exchanges cited Korea's Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems.
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Swiss think tank urges greater global cooperation on crypto regulation The paper highlights investigators who work with crypto should invest in learning methods and technologies that are current with evolving criminal organization strategies.
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New survey sheds light on people’s concerns about investing in crypto Eighteen percent of respondents in a new survey said that learning more about the benefits of investing in cryptocurrency was the most effective approach to transition from skeptic to believer.