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“# Andreessen Horowitz joins push against FinCEN’s 11th-hour crypto rules ” Major venture capital firm Andreessen Horowitz, also known as a16z, is the latest crypto-related form to oppose a recently proposed regulation in the United States. According to a blog post by a16z general partner Kathryn Haun, the Financial Crimes Enforcement Network has issued “a…
“# What lies ahead for crypto and blockchain in 2021? Experts answer ” It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity has much to learn…
“# Iconloop secures gov backing to test blockchain driver’s license project ” Enterprise blockchain firm Iconloop has secured approval from South Korea’s Ministry of Science and ICT to test its decentralized identity, or DID, technology system to manage driver’s license data in the country. According to an announcement from the company, the trial run aims…
“# From Uniswap to Axies, these 6 DApps blew us away in 2020 ” With the crypto market making a crazy comeback this year, an increasing number of casual investors all over the world are beginning to understand the potential that blockchain technology possesses. For example, over the course of 2020, decentralized applications gained a…
“# DeFi dynasty? Synthetix co-founder’s siblings reveal blockchain game project ” A fledgling blockchain-based game project called Illuvium has already managed to attract support from major industry backers — a development owed in part to the fact that Illuvium co-founders Kieran and Aaron Warwick are the brothers of Kain Warwick, the co-founder of decentralized finance…
“# Telos’ ‘T-Bond’ NFTs aim to breathe liquidity life into projects young and old ” On Wednesday the Telos blockchain announced the launch of a new tool designed to help low-liquidity projects fundraise: a NFT product known as a “T-Bond.” In an interview with Cointelegraph, Douglas Horn — the author of the Telos whitepaper and…
“# IRS to transition from ‘education to enforcement,’ says former division chief ” A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly report their earnings will be entering a new phase in 2021 as the tax collection agency begins…
“# CeFi and DeFi will finally meet in 2021 — Let’s hope they hit it off ” The decentralized finance industry undoubtedly has vast potential — the value locked in it has exploded, surpassing $14 billion this month. Though there is speculation over whether decentralized finance is yet another bubble, I believe it is here…
“# Rep. Soto seeks to create office to ‘coordinate’ Federal use of blockchain tech ” A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district, the bill would “establish an office within the Department…
“# Following delisting, Dash pushes back against ‘privacy coin’ label ” A recent tweet from Dash’s official Twitter account has invited criticism that the cryptocurrency, which once advertised its privacy features, is wilting in the face of possible regulatory scrutiny. On Jan. 1, the US-based Bittrex exchange announced in a tweet that it would be…