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sCrypt: Ordinals oracle
This post was first published on Medium, and we republished with permission from the sCrypt team. YusufIdiMaina . Connect with the post’s author, Yusuf Idi Maina, on LinkedIn. Bitcoin smart contracts possess the capability to determine the validity of satoshis within a UTXO, yet they face limitations when verifying the presence and quantity of 1SatOrdinals tokens in a UTXO. While on-chain miners can validate the number of satoshis, Ordinals tokens and specific NFTs are validated by an external indexer off-chain, which presents challenges in various applications such as token swaps and sales. To address this, oracles are introduced to ensure...
Ultimate Traders: A Transparent, Client-First Broker
2024-12-18T16:21:32.744+02:00 W e d n e s d a y , 1 8 / 1 2 / 2 0 2 4 | 1 4 : 2 1 G M T by FM The established prop trading firm places integrity at the heart of its operations. Across the world, proprietary (prop) trading has experienced a surge in popularity, with traders attracted to the unique possibilities it presents them. Featuring a unique model that sets it apart from traditional online trading, it allows traders to access greater trading opportunities by using the funds of a prop firm or financial institution. With an...
US Treasury and IRS finalize crypto broker tax reporting rules
US Treasury and IRS finalize crypto broker tax reporting rules Mike Dalton · 2 months ago · 2 min read Brokers, including exchanges, must comply starting in 2026 and 2027. 2 min read Updated: Jun. 29, 2024 at 1:56 am UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28. Crypto brokers, including exchanges, will need to report gross proceeds for crypto sales starting from 2026. This will include crypto sales during 2025. Furthermore, brokers will...
