Sen. Warren, Cassidy Seek for Crypto Link to Fentanyl Trade
Senators Elizabeth Warren and William Cassidy of the United States are requesting an update on the most recent findings regarding the use of crypto in the illicit fentanyl market. On May 29, Senators Warren and William Cassidy penned a letter requesting an update on the measures taken by the Biden Administration to combat the use […]
Crypto, Tech Firms Form ‘Tech Against Scams’ to Combat Fraud
Coinbase has led a coalition of prominent tech companies, advocacy organizations, and crypto firms to form a ‘Tech Against Scams’ partnership to curb industry fraud. Recently, Match, Kraken, Gemini, Ripple Labs, Meta, and the Global Anti-Scam Organization (GASO) joined Coinbase to announce establishing the “Tech Against Scams” safety and education initiative. Tech Against Scams endeavours […]
Crypto ZK-Proofs White Paper Wins IEEE ‘Test of Time’ Award
A decade-old paper on zero-knowledge proofs wins IEEE’s prestigious award for its groundbreaking impact on practical ZK-proofs. The award was presented to a research paper published a decade ago that is considered a “blueprint” for the first practical application of zero-knowledge proofs (ZK-proofs). It was granted by the Institute of Electrical and Electronics Engineers (IEEE), […]
Report: Q1 2024 Crypto Funding Peaks to $2.4B
In Q1 2024, the crypto market saw a funding increase of over 40% compared to the previous quarter, with a $2.4 billion investment from 518 deals over the past three months. Q1 2024 saw a surge in cryptocurrency market fundraising to $2.4 billion, as a change in market sentiment accompanied by fresh inflows. A new […]
Swiss Leaders Aim to Implement Global Crypto Reporting Framework
Switzerland’s Federal Council proposes adopting global standards for crypto tax reporting through a public consultation to ensure parity with traditional assets and enhance tax transparency. In an effort to “ensure equal treatment” with conventional assets, Switzerland’s highest authority has issued a public consultation regarding its intentions to adopt global standards for crypto tax reporting. The […]