Attacker Installs Crypto Mining Malware on Over 170,000 Devices
Coinhive was installed on more than 170,000 devices in Brazil last month.
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Crypto’s Darkest Hour, and the Bright Day Ahead
Perhaps you haven’t noticed but crypto has become a laughingstock in respectable traditional finance, or TradFi, circles. We have transitioned from being the smart, nouveau riche kid at the party to being the clown in the corner, with questionable personal hygiene. The ongoing criminal trial of Sam Bankman-Fried cements this narrative and puts the clown
New York Grants Bitlicense to Institutional Crypto Exchange Seed CX
news The New York Department of Financial Services (NYDFS) has granted virtual currency licenses to two subsidiaries of crypto derivatives provider Seed CX. NYDFS Superintendent Linda Lacewell announced Monday that Seed Digital Commodities Market LLC (SCXM) and Zero Hash LLC, both of which operate under Seed CX, had received BitLicenses, while Zero Hash has also…
Blockchain Bites: Crypto in the Red, BlackRock Green Lights Bitcoin Futures
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UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say
The U.K. on Wednesday published notices encouraging crypto users to voluntarily report unpaid taxes to avoid penalties.A 2022 government survey showed 72% of crypto owners in the U.K. had not read its crypto tax guidance, but ignorance won't count as an excuse for tax evasion, experts told CoinDesk.Regulators can use a number of tactics, including
SEC Hasn’t Met Legal Requirements to Sue, Binance Says in Latest Bid to Dismiss Lawsuit
Binance, Binance.US and Changpeng Zhao argued that the U.S. Securities and Exchange Commission did not meet the requirements of the "Howey Test" in its suit against the two companies and their founder in a new filing Tuesday.Binance and Zhao, more commonly known as "CZ," filed a reply to the SEC, alongside Binance.US, which submitted its
U.S. State Department Offers New $5M Reward for Missing ‘Cryptoqueen’
The U.S. government published an up-to-$5 million reward for information on OneCoin's Ruja Ignatova. Ignatova disappeared in Athens in 2017 after her Ponzi scheme fell apart. The U.S. State Department is offering a $5 million bounty for information leading to the arrest or conviction of OneCoin founder Ruja Ignatova, the self-styled “Cryptoqueen,” who vanished in
UK Lawmakers’ Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath
Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.The House of…