Crypto losses to hacks exceed $313M in August

It is no secret that nonfungible tokens (NFTs) are still a niche subject. Despite their rapid surge in popularity during 2021, there is still a significant percentage of people who do not know what an NFT is. Reflecting on the graph below, it is evident that a lot of work needs to be done for…

Policyholders can pay in either Bitcoin or Ether through Bitcoin Suisse. A major health insurance provider in Switzerland has made Bitcoin and Ether payments available to its policyholders.According to an Aug. 31 announcement, Atupri Health Insurance is partnering with crypto financial services company Bitcoin Suisse for its 200,000 customers to make payments using Bitcoin (BTC)…

The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies. 73 Total views 1 Total shares Two former executives from Andreessen Horowitz (a16z)’s crypto division have managed to raise $25 million in seed funding for their newly

While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.

Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects. 957 Total views 8 Total shares Turkish customs enforcements brought down an illegal smuggling operation in what is said to be a record bust against illegal Bitcoin (BTC) mining equipment…

The European Securities and Markets Authority argued that DeFi was still too small to pose any sizeable risks to overall financial stability, but should be monitored. 108 Total views 3 Total shares Decentralized finance (DeFi) is yet to pose a meaningful risk to overall financial stability but does require monitoring, according to the European Union’s financial

The Iranian tax agency has called for establishing a legal framework for crypto trading platforms so they can be taxed properly. 193 Total views 48 Total shares The Iranian National Tax Administration (INTA) is pushing to establish a legal framework for the taxation of crypto trading platforms operating in the country, according to a new…

Lawyers for short-seller firm Citron’s Andrew Left reportedly said he would “never” accept a plea deal with the US government.