The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies

The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks, sidechains, and the Schnorr Signature algorithm. A recently published IRS-CI Continue Reading

Vitalik Buterin Uses Questionable Historical Comparison to Explain Crypto Tribalism

The Ethereum co-founder cites an unlikely source to explain blockchain in-fighting. Ethereum (ETH) co-founder Vitalik Buterin tweeted that TRON (TRX) sympathizers within the Bitcoin (BTC) community are a “perfect example” of German Nazis aligning with Japan during the Second World War.  Vitalik drew the questionable comparison in a reply to Continue Reading

Vitalik: We Underestimated How Long Proof-of-Stake and Sharding Would Take to Complete

Ethereum co-founder Vitalik Buterin mentioned looking back at Ethereum’s development. The Hashing It Out podcast recently hosted Ethereum co-founder, Vitalik Buterin. During the show, he explained how he would handle Ethereum’s creation differently if he were building it now.  Buterin acknowledged the presence of a number of changes, both large Continue Reading

Telecom Giant Thinks Blockchain Can Make Phone Insurance More Convenient

This South Korean company joined forces with Samsung to forward requests to insurance companies using Blockchain technology. South Korean telecommunications firm, SK Telecom, announced a blockchain-based document submission process for mobile phone insurance. This new protocol will do away with the company’s current antiquated paper processing methods. Before now, users Continue Reading