This Week in Crypto

TokenTax reports cryptocurrency capital gains and income taxes and supports over 30 exchanges. TokenTax provides a global perspective on crypto tax regulations as well as common practices for U.S. taxpayers. Zac McClure, co-founder of TokenTax, will join us to discuss the implications of taxes on cryptocurrency. Subscribe to our newsletter 👉 here.

Quick Take South Korean lawmakers amend the Financial Information Act in alignment with FATF guidelines.The U.K. Financial Conduct Authority (FCA) warns BitMex it is not authorized to operate in the U.K. Lending startup Babel Finance reaches a record of $380 million in outstanding loans.Trident Crypto Fund hack results in data leak of about 266,000 users registered.Square Crypto awards grants to bitcoin developers. Subscribe to our daily newsletter 👉 here.

Quick Take The Supreme Court of India lifts a cryptocurrency ban, enabling crypto firms to access baking services.Decrypt to launch its own token that rewards readers for interacting with brands.ConsenSys and EY launch enterprise-targeted Baseline Protocol.HTC announces the EXODUS 5G Hub blockchain router for running a full bitcoin node.BitGo launches institutional lending services to its custody clients. Subscribe to our daily newsletter 👉 here.

Celer Network is a leading layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contracts. 📧Read the full storySign up for our newsletterFollow us on Twitter

SKALE Labs is a blockchain scalability platform that provides high-speed consensus and empowers dApps to run smart contracts. SKALE acts as a middle-ware layer which provides high-speed consensus and empowers dApps to run smart contracts at the rate of millions per second on platforms such as Ethereum, EOS, and other Smart Contract Blockchain platforms. 📧Read the full storySign up for our newsletterFollow us on Twitter

RADAR is building products for access to financial infrastructure. Its REDSHIFT product bridges payments between the Bitcoin Lightning Network and Ethereum. They've also built ION, which services to educate and onboard users to the Lightning Network. Their latest project, DEPLOY is a node operations platform that helps developers spin up and maintain blockchain infrastructure. RELAY is a peer-to-peer trading platform built on the 0x protocol. 📧Read the full storySign up for our...

3Box is an open-source data storage solution for web3 that allows end-users to manage their public and private information on the decentralized web. 3Box CEO Michael Sena joins me to discuss blockchain identity, decentralized storage, and enabling applications with zero backends. 📧Read the full storySign up for our newsletterFollow us on Twitter

Aave is an open-source and non-custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate. Aave Founder Stani Kulechov joins us to discuss the Aave lending protocol, risk assessment framework, and flash loans. 📧 Read the full storySign up for our newsletterFollow us on Twitter

Biconomy is a relayer infrastructure network and transaction platform enabling developers to build applications easily and reduce the friction between your applications built on the blockchain and your end-users. 📧 Read the full storySign up for our newsletterFollow us on Twitter

Orchid is building open source tools for custom VPN configurations and privacy services. CEO Steven Waterhouse talks about the vulnerabilities of today’s VPNs, the purpose of OXT, and shares his experience with being SIM swapped. 📧 Read the full story📖Sign up for our newsletter🐣Follow us on Twitter

Kyber Network is an Ethereum-based protocol that allows for the instant exchange and conversion of digital assets and cryptocurrencies with high liquidity. It’s similar to the 0x project but instead performs all its actions on the blockchain. Deniz Omer, Head of Growth at Kyber Network, joins us to discuss decentralized liquidity, challenges of decentralized exchanges and his thoughts on the recent bZx exploit that resulted in a loss of roughly $350k. 📧 Read the full story📖Sign up for our...

James Duncan is the co-founder at Abridged, a toolkit for rapid blockchain application development. Previously, James worked at the Ethereum Foundation, managing a multimillion-dollar grant budget that funded projects like Gitcoin, Uniswap, and DappNode. In this week’s episode, we discuss the history of DAOs, DAO structures, and uses for DAOs in a regulated environment. Show Links Vitalik on “DAC” in 2013 MolochDAOSignal DAOAbridged on Gitcoin Newsletter 👉 https://mota.fm/sub

Quick Take Amun launched “21Shares Short Bitcoin ETP (SBTC),” enabling traders to short bitcoin.BitMEX announced the launch of an XRP-USD quanto swap.Gemini passed the SOC type 2 security compliance examination conducted by Deloitte.Pornhub adds support for Tether (USDT) via the TRONlink wallet.The World Economic Forum developed a framework for central bank digital currencies (CBDCs). Newsletter 👉 https://mota.fm/sub

Quick Take Bakkt plans to launch a consumer app later this year.Bitcoin cash miners plan to execute a soft fork that would cut block rewards by 12.5 percent.Grayscale has extended financial support for the Ethereum Classic Cooperative.Binance has invested in open-data framework provider Numbers.Square received a U.S. patent for a new network with seamless crypto-to-fiat transactions. Newsletter 👉 https://mota.fm/sub

Quick Take Square Crypto launched a Lightning Development Kit (LDK) for integrating Lighting on bitcoin wallets.BTCPay Server released “BTCPay Vault,” a desktop application for integrating hardware wallets.British telecom company Vodafone left the Libra Association to focus on expanding M-Pesa.Silvergate Bank recruits Blockstream executive Benjamin Richman.Huobi launches a brokerage platform for institutional investors. Newsletter 👉 https://mota.fm/sub

Quick Take: Bitfinex-backed startup RenrenBit yielded $1.4 million in revenue for Q4 2019.South Korean regulators review a taxation plan with a virtual currency tax rate of 20%.Australia-based Raiz Invest was granted approval for a retail bitcoin fund.Mining operator Argo Blockchain grossed revenue of $11 million in 2019 and plans to ramp up production.Open Interest for CME Bitcoin Futures spiked to over $235 million worth of positions. Newsletter 👉 https://mota.fm/sub

Quick Take: KyberSwap leaves Malta for British Virgin Islands due to the EU's new 5AMLD regulation.Libra forms Technical Steering Committee to oversee development of the project.Grayscale surpasses $1 billion in total investments.Binance is in talks with Z Corporation, a subsidiary of Yahoo Japan, to operate a joint exchange.The SEC has filed a lawsuit against operators of Blockchain Terminal's $30 million ICO. Newsletter 👉 https://mota.fm/sub

Quick Take Gemini launched Nakamoto Ltd., a captive insurance company with a $200 million insurance policy.Former CFTC Chair Christopher Giancarlo has formed the Digital Dollar Foundation.CSA notice suggests custodial crypto exchanges are subject to Canadian securities laws.Lawmakers propose amendment to IRS tax code that would exempt realized gains under $200.Bithumb seeks to nullify a $70 million tax bill. The court has 90 days to grant or dismiss the motion. Newsletter 👉...

TLDR: EEA launched a TestNet in partnership with Whiteblock, enabling members to develop in a sandbox environment.Kadena fully launched its hybrid blockchain, enabling human-readable smart contracts and interoperability between public and private chains via Pact.Bitwise withdrew its bitcoin ETF application, but plans to refile at a future time.Kraken acquired Australia-based cryptocurrency exchange Bit Trade.Anchorage acquired data analytics firm Merkle Data and announced the launch of its...

Authereum is a login and wallet solution for dApp developers who want to provide their users with a web2-like user experience while maintaining censorship resistance. Watch on YouTube: https://youtu.be/HUA7BbvXtlI Show Links Authereum Chris Whinfrey on TwitterThe Gas Siphon Attack