Disclosed today, an exploit in Coinbase contracts allowed users to fund wallets with potentially unlimited amounts of Ether. Dutch researchers discovered the flaw, furnishing it to Coinbase in January.
US Hits Crypto Buying Service Payza With Money Laundering Lawsuit
The founders of Payza, which allows customers to trade in cryptocurrencies, have been charged with running an unlicensed money transmitting business.
<h1>OECD Urges Examination Of Tax Standards For Cryptocurrency, Blockchain Technology</h1>
On Tuesday, the OECD called for international collaboration regarding taxation matters, specifying that its Forum on Tax Administration will study the “tax consequences” of cryptocurrencies and blockchain technology. In the last week, the intergovernmental organization also addressed the emerging sector through its report on the “Tax Challenges Arising from Digitalisation.”
Startup EverMarkets Aims to Shake Up Futures Trading With Blockchain
Blockchain company EverMarkets is developing a peer-to-peer futures trading platform based on blockchain technology.
Bitcoin Will Be World’s ‘Single Currency’ Says Twitter CEO
Jack Dorsey has said he believes bitcoin will take over the U.S. dollar as the world’s primary currency in 10 years or less.
CFTC Hits Wall Trying to Serve Bitcoin Fraud Summons
In new filings, the CFTC alleges that former bitcoin binary options trader accused of fraud is trying to avoid authorities.
Social Media Giant Snap Confirms It’s Banned ICO Ads
Snapchat just became the latest social media platform to ban advertising for initial coin offerings.
Global Blockchain Patent Filings Spiked In 2017, Korea’s IP Office Says
Last year saw a sharp rise in blockchain-related patent applications across the globe, according to the South Korean Intellectual Property Office.
Ethereum and Stellar? Kik’s Kin Token to Use Two Chains
While Kik said it would move its “kin” crypto tokens off ethereum and onto stellar, today it announced it was allowing the tokens to live on both.
Looking Up? Litecoin Eyes Bullish Breakout at $175
Litecoin is looking at a bullish breakout, having clocked a one-week high earlier today.
Waking Dragon? Asia’s Token Economy Is Charging Full Speed Ahead
At the Token 2049 conference in Hong Kong, Asia’s vibrant market for cryptocurrencies and ICOs took the spotlight.
OECD to G20: Crypto Tax Policies Need Global Clarity
The global economic organization has called for agreement on new frameworks for the taxation of emerging technologies such as cryptocurrency.
Bitcoin Returns Above $9K But ‘Death Cross’ Still a Risk
Bitcoin’s three-day winning streak is encouraging for the bulls, but a quick move above $10,500 is needed to neutralize the so-called “death cross.”
Exchange to Investigate Another Chinese Stock Over Blockchain Claims
A second Chinese public firm in a week is being questioned by the Shenzhen Stock Exchange over the authenticity of its healthcare blockchain claims.
South Korean Financial Watchdog Touts Blockchain in Fintech Plans
South Korea’s Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.
In Praise of the Cryptocurrency Bubble
This mania is incentivizing the formation of collaborative networks of developers and entrepreneurs. Their ideas will shape the economy of the future.
Korea Telecom Announces Blockchain For Network Security
South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network.
How Much Should A Blockchain Cost? The Compelling Case for Higher Fees
While many think crypto transaction fees should be pushed lower, these researchers believe users could be paying more.
Snowden Leak Suggests NSA Is Extensively Tracking Bitcoin Users
The U.S. National Security Agency is reportedly aiming to track down users behind the bitcoin blockchain.
American Bar to IRS: Create Safe Harbor for Hard-Forked Cryptos
The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.