Steven Nerayoff, an active participant in Ethereum’s (ETH) Initial Coin Offering (ICO), who is believed to know where the “bodies are buried,” has made further revelations in the ongoing ETH Gate saga, which boils on whether or not the US Securities and Exchange Commission (SEC) gave Ethereum a ‘regulatory free pass.’ Lubin’s Piece Of Paper Appears In ETH Gate After being pressured by a member of the XRP community to release the dirt that he claims to have, Nerayoff released a follow-up tweet that contained transcripts from an email that…
Tag: Paper
“Paper BTC” Is Counteracting A Bullish Bitcoin Supply Shock, Analyst Explains
An analyst has explained how the growth in “paper BTC” could be counteracting a bullish Bitcoin supply shock from taking effect. Liquid Bitcoin Supply Has Dropped, But Paper BTC Is Still At Significant Levels In a new post on X, analyst Willy Woo shared insight into how the paper BTC compares against the real BTC being traded. According to the analyst, “paper BTC” refers to the combined futures open interest value. Here is a chart that shows the trend in the ratio between the two types of Bitcoin over the…
Web3 game Gods Unchained releases ‘Sealed Mode’ to mimic paper card games
Web3 game Gods Unchained released a new gameplay format that allows players to compete with semi-random cards they receive at the start of a tournament. Called “Sealed Mode,” the format is intended to reward highly skilled players, even if they don’t have a large or expensive card collection. The new format was announced via a blog post on Sept. 13. “Sealed deck” tournaments are common in paper collectible trading card games such as Magic: The Gathering, but are relatively rare in digital trading card games. ⚜️ ⚜️ Will you? ️…
Tornado Cash alternative detailed in paper co-authored by Vitalik Buterin
Ethereum(ETH) co-founder Vitalik Buterin; core developer Ameen Soleimani; Jacob Illum of Chainalysis; and scholars Matthias Nadler and Fabian Schar have co-authored a research paper on a novel privacy protocol dubbed “Privacy Pools.” The paper presents a framework, positioning it as a potential successor to Tornado Cash, a privacy-centric service that recently came under regulatory scrutiny. Privacy Pools is a “smart contract-based privacy-enhancing protocol” designed to balance financial privacy and regulatory compliance. Using advanced cryptographic techniques like zero-knowledge proofs, the protocol verifies the legitimacy of user funds without revealing their complete…
Ethereum Founder Vitalik Buterin Co-Authors Paper on Blockchain Privacy and Compliance
Ethereum’s Vitalik Buterin, along with researchers and privacy advocates, published a paper on September 6, 2023, titled “Blockchain Privacy and Regulatory Compliance: Towards a Practical Equilibrium.” The paper introduces “Privacy Pools,” a smart contract-based protocol designed to reconcile financial privacy with regulatory compliance. The news was shared to Blockchain.News by Ameen Soleimani. Key Details Authors: Vitalik Buterin (Ethereum Foundation), Jacob Illum (Chainalysis), Matthias Nadler (University of Basel), Fabian Schar (Center for Innovative Finance, University of Basel), Ameen Soleimani (Privacy Pools) Publication Date: September 6, 2023 Abstract: The paper focuses on “Privacy…
Bank of England releases new paper on Ripple use cases
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank of England (BoE) has released a new paper that explores the use of Ripple’s Interledger Protocol for synchronized settlement of payments. The new step taken by the Bank of England shows the increasing interest of central banks in blockchain technology. The paper is titled “Ripple: Exploring the Synchronized Settlement of Payments using the Interledger Protocol.” The BOE believes that Ripple protocol could significantly impact the cross-border payments industry by allowing synchronized settlement across multiple…
Redditor’s hacked Bitcoin is a lesson on the hidden dangers of paper wallets
A Reddit user has become the latest example of why crypto users should be more careful when using wallet generators — after the user lost a few thousand dollars worth of Bitcoin (BTC) from their “secure” paper wallet. On July 24, a Redditor by the name /jdmcnair posted on the r/Bitcoin subreddit, asking for an explanation on how a hacker could have been able to steal over $3,000 worth of Bitcoin from their supposedly secure paper wallet — which was even generated on an offline computer. The Redditor’s Bitcoin wallet address shows an outgoing…
European regulator releases consultative paper on MiCA standards for crypto asset service providers
The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Assets (MiCA) mandates on July 12. It was the first of three consultative packages the agency expects to publish and concerns technical specifications for crypto asset service providers (CASPs). Entities that are already licensed are presumed under MiCA to be “generally capable of providing crypto-asset services,” but they will be required to provide additional information in the form of notifications to the national competent authorities (NCAs) of the country they are registered…
Token issuers in Japan exempt from 30% crypto tax on paper gains
Token issuers in Japan no longer have to pay corporate taxes on unrealized cryptocurrency gains, according to a law revision by the National Tax Agency on June 20. The tax exemption goes into effect nearly six months after the Japanese government approved a proposal eliminating the requirement for crypto firms to pay taxes on paper gains on tokens they issued and held. Legislators in Japan have been discussing new crypto tax rules since last August as part of a broader tax reform for 2023, but the tax authority has only…
Bitcoin think tank rejects science behind ‘limited adoption problem’ paper
A team of researchers from the Bitcoin Policy Institute, a nonprofit think tank, have roundly rejected the conclusions reached in a 2022 paper claiming that Bitcoin has an intrinsic scaling problem that will lead to limited adoption in the future. According to the Bitcoin Policy Institute’s researchers, the original paper, dubbed “Bitcoin’s Limited Adoption Problem,” is predicated on three faulty assumptions. First, the authors of the original paper claim that payments on the Bitcoin (BTC) network require full network consensus for settlement. Second, they assert that the addition of miners to…