Zcash

Today, July 19, the so-called friendly hardfork will take place in the network of the privacy-oriented cryptocurrency ZCash, which will result in the Ycash network. This was announced by its creator Howard Lou on the ZCash community forum. Lou spoke out against increasing funding for protocol developers. At the moment, Founder's Reward system assumes that 10% of the total emissions (2.1 million ZEC) […]

The Singapore Tax Administration (IRAS) has published a guide in which it proposed to abolish VAT on operations for the exchange of cryptocurrencies for fiat funds. Now the changes must be approved at the legislative level. Draft E-Tax Guide _GST_Digital Payment Tokens by ForkLog on Scribd The IRAS defined the following characteristics of digital payment tokens: interchangeable; not tied to existing currencies and not denominated in […]

The US Securities and Exchange Commission (SEC) intends to analyze the data of public blockchains. To this end, the agency is looking for a contractor who will act as the operator of the corresponding full nodes. So, first of all, SEC is interested in Bitcoin and Ethereum networks, however, it is ready to receive data on Bitcoin Cash, Stellar, Ripple, EOS, NEO and ZCash. In the future, the department is considering the possibility of analyzing others […]

Despite the fact that after a sharp rise, the price of Bitcoin faced an inevitable correction, having lost almost 17% in recent days, investment funds show very good dynamics. A striking example of the growth of institutional interest in cryptocurrency is the Grayscale Bitcoin Trust (GBTC), whose shares have increased by more than 300% since February. According to the Forbes report, at the moment GBTC shares […]