Illicit crypto transactions are getting more attention from the government

The IRS has a strong interest in receiving information from informed whistleblowers about offshore crypto accounts and criminal crypto tax activity. The COVID-19 pandemic has forced governments worldwide to focus on bringing blockchain technology to their financial services, along with the needed regulatory upgrades to keep the burgeoning fintech industry clean. Related: Not like before: […]

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More pump than dump: 22% UniSwap (UNI) price drop doesn’t faze traders

UniSwap’s UNI governance token soared to $8.60 before correcting sharply but top traders expect the price to rise higher. Earlier today Yearn.finance (YFI) and Ether (ETH) rose sharply after Uniswap’s governance token UNI plunged 22% from $8.00 to $6.80. Cryptocurrency daily market performance snapshot. Source: Coin360 UNI, which launched less than 48 hours ago, has […]

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Polkadot treasury established to fund projects ‘that give traction to the network’

Polkadot has launched the Polkadot Treasury to fund proposals from developers within the community and multiple proposals have already been submitted. Blockchain platform Polkadot (DOT) is the latest to invest back into its developer community with the launch of the Polkadot treasury. Run by community-elected council members, the pool will fund as many new community […]

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Charles Hoskinson’s treasury concept is about to get its first real-world test drive with ‘Project Catalyst’

This little project is expected to manage $70 million worth of ADA annually. IOHK has distributed $250,000 worth of ADA to Project Catalyst. These funds will be allocated to several Cardano-based projects proposed by the community. Project Catalyst is one of the building blocks of Cardano’s Voltaire era, which is expected to bring decentralized governance […]

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