Bank of Thailand plans to test retail CBDC by end of 2022
10,000 people, three large banks, and a restricted retail environment will be used to evaluate the Retail CBDC. The Bank of Thailand (BOT) will broaden the scope of CBDC development focused on retail to a pilot phase in addition to its wholesale central bank digital currency (CBDC) initiatives and proof-of-concept Retail CBDC testing with corporates. […]
Experts discover private keys on Slope servers, access unclear
The newest steps in the Solana exploit investigation are being unpacked by blockchain analysis companies as teams work to determine how private keys were taken. About 8,000 private keys used to deplete Solana-based wallets were obtained by hackers, and blockchain auditing companies are still trying to determine how they did it. Investigations are still going […]
White Rock CEO: Crypto bear market offers great M&A prospects
Bear market offers fantastic chances for growth through mergers and acquisitions in the cryptocurrency mining industry. In this bear market, enterprises that have efficiently maintained their balance sheets are in excellent health, according to the CEO of a cryptocurrency mining company, and will continue to do well even if there is more turbulence to come. […]
Crypto stolen from Solana might be claimed as tax loss: Experts
Tax experts say that while U.S. investors will lose money, Australian, Canadian, and U.K. crypto investors may be able to claim hacked cryptocurrency as a tax loss. It turns out that digital assets lost during an attack or hack might theoretically be claimed as a tax loss, providing you live in the proper country, experts […]
Congress will likely determine crypto jurisdiction: Lummis staffer
If the SEC and CFTC are unable to resolve the matter, the United States Congress would decide who gets bragging rights over crypto regulation. If the conflict between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regarding who regulates crypto cannot be resolved internally, United States Senator Cynthia Lummis staffer […]