OECD publishes final framework to curb international tax evasion using crypto
    11 Oct 2022

    The Organisation for Economic Co-operation and Development (OECD) published the long-awaited crypto tax framework on Oct.10. The document is meant to formalize information sharing between the 38 member countries, through automatically sharing crypto-related taxpayer information between jurisdictions. According to a release, the information sharing intends to, “target any digital representation of value that relies on…

    Polygon launches zkEVM public testnet for Ethereum Layer 2 scaling network Hermez
    11 Oct 2022

    Polygon said on Oct. 10 that its zero knowledge-EVM public testnet for Hermez, which Polygon acquired last year for $250 million, went live. The company continues targeting the mainnet going live sometime in early 2023, calling it “the next step for Ethereum.” DeFi protocols Aave and Uniswap will also be launching on its testnet. At…

    FTX v2 will go live in November with an improved order-matching engine
    11 Oct 2022

    Crypto exchange FTX announce the launch of its new version on Nov. 21, featuring an improved matching engine aimed at addressing complaints from users about the performance of the current one. The upgraded order-matching engine will reduce latency by 50%. “We’ll be rolling out a whole new order matcher, lower latency API pathways, a whole…