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Report: Only 5.3% of Spanish Crypto Investors Have Received a Warning to Declare Income Taxes

Report: Only 5.3% of Spanish Crypto Investors Have Received a Warning to Declare Income TaxesOnly 5.3% of Spanish crypto investors have received a warning to declare income taxes, according to a report in local media. If accurate, this would mean that only 233,000 investors, a minuscule portion of the estimated 4.4 million Spanish citizens that have delved into the crypto world with investment ideas in mind, were contacted by […]

DeFi Platform Hacked for at Least $1,900,000 and Possibly More on Ethereum and Arbitrum Blockchains

Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia InsistsThe spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as the government prepares to regulate the Russian crypto space. Central Bank of Russia Issues Warnings […]

DeFi Platform Hacked for at Least $1,900,000 and Possibly More on Ethereum and Arbitrum Blockchains

Binance Deploys Crypto Monitoring ‘Traveler’ System to Comply With FATF Travel Rule

Binance Deploys Crypto Monitoring ‘Traveler’ System to Comply With FATF Travel RuleBinance announced yesterday it deployed Ciphertrace’s Traveler system as part of its compliance efforts. Traveler is the first system designed for exchanges to comply with the Travel Rule proposed by the Financial Action Task Force. The exchange would be among the first wave of exchanges implementing this automatic Travel Rule compliance system. Binance Implements Ciphertrace’s […]

DeFi Platform Hacked for at Least $1,900,000 and Possibly More on Ethereum and Arbitrum Blockchains

South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto Comments

South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto CommentsAs the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of the country’s Financial Services Commission (FSC). Over 141,000 Signatures Collected in One Petition […]

DeFi Platform Hacked for at Least $1,900,000 and Possibly More on Ethereum and Arbitrum Blockchains