Ad CoinTracker, a provider of tax software for cryptocurrencies, is collaborating with H&R Block. The new partnership hopes to assist millions of customers in preparing their income tax returns in Canada, the US, and Australia through an integration that will enable crypto users to benefit from H&R Block’s tax preparation services while using CoinTracker’s specialized…
Ad During the first appeal hearing for Grayscale’s Bitcoin spot ETF, judges raised concerns about the SEC’s reasoning, stating that the SEC had not sufficiently explained why Grayscale’s arguments were flawed. They also questioned the logic of allowing futures-based Bitcoin ETFs while not approving spot-based ETFs. What is the significance of investors receiving shares in…
Ad On the first day of the city-wide crypto event that was EthDenver, Steven Fluin, Head of Developer Relations at Axelar, put the onus of developers to build a more connected web3 by stating that “dApps developers have the responsibility to unify.” Talking at the InterOp Summit, Fluin began by asking the audience to join…
Ad A new study by the blockchain infrastructure company Paxos shows that crypto owners see cryptocurrency as an investment and desire mainstream financial service providers to offer products and services that support it. Top 5 Reasons Respondents are Interested in Crypto According to the survey released on March 7, three of the top five most…
Ad Canaan, a Chinese manufacturer of application-specific integrated circuit (ASIC) mining machines for Bitcoin, reported an 82% drop in revenue in Q4 2022, according to a filing with the United States Securities and Exchange Commission on March 7. Canaan revenues fall The quarterly dip was precipitated by a 14% drop for the year. In Q4…
Ad The State Bank of Pakistan has commissioned the development of a blockchain-based national eKYC (Know-Your-Customer) platform for retail banking, according to local media reports. The project is part of the central bank’s ongoing efforts to strengthen anti-money laundering and terrorism financing controls and improve financial inclusion — both of which the country has struggled…
Ad Immutable continues its partnership with Warner Bros with the launch of the web3 mobile game Blocklete Golf from Discovery Sports on Immutable X. Warner Bros web3 adoption Last month, Warner Bros added a web3 quiz game to create the Bleacher Report Watch-to-Earn (B/R W2E game.) In addition, Warner is furthering its partnership with Immutable…
Ad Crypto and blockchain are set to become the catalyst for a long-awaited transformation of the “antiquated and exclusionary” payments industry, according to a survey conducted by Ripple and the U.S. Faster Payments Council. The survey found that 100% of respondents believe crypto and blockchain can result in benefits like efficiency and cost saving for…
Ad On the heels of a significant announcement involving the distressed US bank Silvergate, which had ties to the lender FTX and is now facing an increasing consortium of capital flight and scrutiny from regulators, at least two crypto companies took to social media today to announce how the news has affected them. Tether, the…
Ad When onboarding the next wave of NFTs into the mainstream, it could be as simple as sending a WhatsApp message or an SMS. Or so hopes Redeem, a new start-up that aims to make NFT transfers as easy as using basic mobile technology, potentially exposing NFT technology to billions of new customers. “I think…