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 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…
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…
Generative art is a digital art style in which artists use algorithms as a tool. It’s been adopted by NFT artists on platforms like Art Blocks, writes Ben Munster on Decrypt. In brief Generative art makes use of machine learning and blockchain-native randomness to produce striking, unpredictable art. At the height of the NFT boom…
Breaking crypto news from the last week (Oct. 1 – 7, 2022): Oct. 2: Sega, one of the largest Japanese gaming companies, has announced the upcoming launch of its first blockchain game, based on Sega’s Sangokushi Taisen franchise, in partnership with development company Double Jump Tokyo. The game’s blockchain elements will be built on Oasys,…
Leon Li Lin, the founder of crypto exchange Huobi Global, is selling his controlling stake to a Hong Kong investment firm, About Capital, according to Huobi’s website. The company said the deal has no impact on Huobi’s core business. About Capital said that under its control, Huobi “will embrace a series of new international brand…
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