If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired.
Curve Finance awards dev $250k for finding reentrancy vulnerability
Curve Finance awarded cybersecurity researcher Marco Croc with its maximum bug bounty award of $250,000 after thoroughly investigating the security flaw.
TON-Based Economy Starting to Take Root in Telegram, TON Foundation Says
The Open League program, announced on April 1, is bringing users on-chain in “unprecedented numbers,” TON Foundation’s Justin Hyun said.
The Good, the Bad and the Ugly of Airdrop ‘Points’
Jack Dorsey wants to decentralize Bitcoin mining with new investment
Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin.
Crypto for Advisors: Innovating Legacy Programs with Blockchain
In this week’s issue of Crypto for Advisors, learn how brands are leveraging blockchain to innovate loyalty programs.
Bitcoin miner mulls refunding 20 BTC reward to Paxos
Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.”
TeraWulf increases self-mined BTC in Q2, while Hut8 looks to USBTC merger
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in Q2.
Crypto staking rewards are taxable once received: IRS
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain “dominion” over the tokens.
Etihad Airways ‘Horizon Club’ Web3 Loyalty Program Will Let You Stake NFTs for Miles
Holders of its EY-ZERO1 NFT collection will be able to lock up their assets to earn Etihad miles that can be redeeed on real-world flights and upgrades.
Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets
Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets.
LayerZero partners with Immunefi to launch $15M bug bounty
The program offers a maximum reward of $15 million for anyone who identifies vulnerabilities classified as high severity.
Decentralized Exchange Maverick Rolls Out Liquidity Incentives for Price Stability
The tool offers more efficient incentives than competitors like Curve Finance’s rewards and can help pegged assets such as stablecoins, liquid staking derivatives keep their prices more stable, the protocol said.
Google Cloud to Help Web3 Builders Fast-Track Their Startups
The initiative will come with technical and monetary support for early-stage Web3 developers.
Less than 1% of staked ETH estimated to sell after Shanghai upgrade: Glassnode
The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position.
NFT Platform OneOf Acquires Blockchain Rewards Company Tap Network
The integration of Tap Network will allow companies to build out their Web3 strategies by incorporating commerce, data and loyalty programs.
What is a coinbase transaction?
A coinbase transaction is the first transaction created in each new block, and it has key features that differentiate it from other transactions.
What is Bitcoin hash rate and why does it matter?
Cryptocurrency’s hash rate measures a blockchain network’s processing power to process transactions.
Congress demands crypto payments notification from DOS when helping Ukraine
The bill amendment demands the Secretary of State submit reports to congressional committees explaining why the DOS made the determination to pay out rewards in cryptocurrency.
Staking on Polkadot, explained
There’s a big buzz around staking right now — but when it comes to Polkadot, there’s a big difference between exchanges.