Mt. Gox Bitcoin refunds approaching: New hope for victims of 2014 hack
The tumultuous journey of Mt. Gox, once the largest cryptocurrency exchange platform, finally appears to be heading towards a positive conclusion. Almost a decade after the devastating hack in 2014, which resulted in the loss of 850,000 bitcoins, recent moves indicate that victims may soon receive refunds. This article explores the latest developments in this […]
Ethereum: Towards a diversification of clients following dependence on Geth
The world of blockchain is constantly evolving. Ethereum, one of the main platforms for this technology, is no exception. Recently, a worrying phenomenon has come to light: the over-reliance of Ethereum validators on a single client, Geth (Go Ethereum). This raises questions about security and centralisation. This has led key players such as Coinbase to […]
The IRS’s crucial update on reporting income from digital assets
In 2024, the US Internal Revenue Service (IRS) took a significant step towards tax regulation of cryptocurrencies. Recently, the agency extended its digital asset questionnaire to four additional tax forms, a move highlighting the growing importance of virtual currencies in the modern economy. This article looks in detail at the implications of this move for […]
Violations in the communication of cryptographic assets: the FINRA report
The Financial Industry Regulatory Authority (FINRA), a US regulator, recently revealed that nearly 70% of crypto-asset-related public communications reviewed had significant violations. This discovery highlights the challenges and risks associated with communication in the fast-growing but still largely unregulated crypto-currency sector. FINRA’s investigation and its troubling results FINRA has carefully scrutinised more than 500 communications […]
BIS launches CBDC and Tokenisation projects for 2024
The Bank for International Settlements (BIS) recently announced a major initiative for 2024 to explore central bank digital currencies (CBDCs) and the tokenisation of financial assets. This ambitious effort marks a significant step in the evolution of digital finance, promising to reshape the global financial landscape. Innovative CBDC projects on the horizon In 2024, BIS […]