North Korea-backed hacker group Lazarus Group has been escalating its attacks on the cryptocurrency community through phishing operations on the messaging app Telegram. The group is impersonating reputable venture capital firms to deceive crypto teams into running malicious scripts for phishing attacks. They establish trust with their victims through constant messaging and then trick them […]
North Korea-backed hacker group Lazarus Group has been escalating its attacks on the cryptocurrency community through phishing operations on the messaging app Telegram. The group is impersonating reputable venture capital firms to deceive crypto teams into running malicious scripts for phishing attacks. They establish trust with their victims through constant messaging and then trick them […]
The National Assembly Committee in Kenya has given its endorsement to the Capital Markets (Amendment) Bill, which aims to regulate and tax the digital currency market in the country. The bill, sponsored by Mosop MP Abraham Kirwa, has been approved by the committee and is now one step closer to becoming law.The proposed legislation seeks […]
The National Assembly Committee in Kenya has given its endorsement to the Capital Markets (Amendment) Bill, which aims to regulate and tax the digital currency market in the country. The bill, sponsored by Mosop MP Abraham Kirwa, has been approved by the committee and is now one step closer to becoming law.The proposed legislation seeks […]
In recent developments surrounding BlackRock’s Bitcoin ETF, there has been a notable shift in the regulatory landscape. Previously, SEC Commissioner Hester Pierce’s remarks had sparked hope for a near-term approval of the ETF, indicating a potentially favorable regulatory stance. However, concerns have arisen regarding the SEC’s involvement and the possibility of a ‘kill switch’ mechanism […]
In recent developments surrounding BlackRock’s Bitcoin ETF, there has been a notable shift in the regulatory landscape. Previously, SEC Commissioner Hester Pierce’s remarks had sparked hope for a near-term approval of the ETF, indicating a potentially favorable regulatory stance. However, concerns have arisen regarding the SEC’s involvement and the possibility of a ‘kill switch’ mechanism […]
A bill has been introduced to the New Jersey general assembly that seeks to classify digital assets sold to institutional investors as securities. The proposed legislation specifically targets virtual currencies sold directly to institutional investors and defines institutional investors as entities such as banks, hedge funds, endowments, and pension funds. If passed, the bill would […]
A bill has been introduced to the New Jersey general assembly that seeks to classify digital assets sold to institutional investors as securities. The proposed legislation specifically targets virtual currencies sold directly to institutional investors and defines institutional investors as entities such as banks, hedge funds, endowments, and pension funds. If passed, the bill would […]
The US Internal Revenue Service (IRS) has reported an increase in crypto tax investigations for the 2023 fiscal year. Cases range from failure to report capital gains to concealing crypto ownership disclosures. The IRS initiated over 2,676 cases involving $37 billion related to tax and financial crimes. These investigations involve unreported income from the sale […]
The US Internal Revenue Service (IRS) has reported an increase in crypto tax investigations for the 2023 fiscal year. Cases range from failure to report capital gains to concealing crypto ownership disclosures. The IRS initiated over 2,676 cases involving $37 billion related to tax and financial crimes. These investigations involve unreported income from the sale […]
