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Brazilian Tax Authority Registers Record Number of Cryptocurrency Statements


The Brazilian tax authority (RFB) has revealed its numbers corresponding to the month of July regarding cryptocurrency statements. More than one million Brazilians have declared cryptocurrencies in the month, which constitutes a record in statements for the organization. Also, there was a rise...

One Misconception and Severe Design Flaw of the Ethereum Merge


Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake. __________ The Merge is nigh, and there are some misconceptions about it that even the wonderfully written FAQ on the dedicated page can't answer. Understanding the new reality is paramount, especially as you prepare...

Sanctioned Russian Bank Tests In-app Operations With Digital Rubles


A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with...

L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration


The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement...

Cardano’s Long-Term View Looks Dicey; Will ADA Hit $1?


Cardano is a blockchain platform, and ADA is the native coin on this platform which is used to make payments and cover transaction fees. It was launched in 2017 by Charles Hoskinson, who is the co-founder of BitShares and Ethereum. It aims to solve the scalability and transaction speed-related...

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