LastPass threat actor steals $5.4M from victims just a week before Xmas
White hat organization Security Alliance (SEAL) urged users to transfer crypto funds from LastPass if their private keys had been stored there since December 2022 or earlier.
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BTC miners are ideal energy consumers, but regulators need to catch up — Hive
According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems.

Sam Bankman-Fried’s legal team warns of ‘harassment and threats’ to parents in latest court filing
Two unidentified parties are planning to act as sureties for Sam Bankman-Fried's bail, and his legal team wants to ensure they stay that way. 182 Total views 19 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe legal team behind former FTX chief executive officer Sam Bankman-Fried has petitioned a court to…

Base DeFi project disappears after rug pull
BaseBros Fi, a DeFi protocol on the Base blockchain, vanishes after stealing user funds via an unaudited contract.

A Major Chinese Bank Unveils the Banking Sector’s First Blockchain White Paper
The Industrial and Commercial Bank of China has a lot of positive opinions on blockchain technology. 1530 Total views 53 Total shares The Industrial and Commercial Bank of China (ICBC) has released a white paper on blockchain technology applications in finance. According to Sina Finance, the paper is the first of its kind in the…

Coinsquare Partners with FlexaHQ to Bring Crypto Payments to Canada
One of Canada’s top crypto exchanges, Coinsquare, has partnered with United States cryptocurrency payments startup Flexa to bring in-store digital currency payments to Canada.In-store crypto payments in CanadaThe official Twitter account of Canadian cryptocurrency exchange Coinsquare announced on August 13 that the firm partnered with U.S.-based crypto payments startup Flexa. The partnership will reportedly allow…

IRS: Like-Kind Tax Exemption Has Never Applied to Crypto Transactions
The like-kind exchange tax exemption is not applicable to cryptocurrency transactions, according to the United States Internal Revenue Service (IRS). An official at the IRS Office said that U.S. taxpayers have never been authorized to postpone paying tax as part of the like-kind exchange principle even before the 2017 tax overhaul, Bloomberg Tax reports Nov. 13.Suzanne…

Self-Service Platform Issues Security Tokens Backed by Real-World Assets
Tokenizer is putting the tools to turn real-world assets into security tokens within the hands of the everyman. 1360 Total views 9 Total shares Tokenizer is a new self-service platform launching July 29 which provides a fully compliant blockchain issuance solution for asset-backed security tokens.This will allow businesses and individuals to tokenize their assets with…

NYDIG study calculates the value of regulation worldwide in terms of BTC price gains
The crypto-positive financial services company looked at Bitcoin prices at intervals following regulatory events and found clear evidence of the events’ effects. 499 Total views 12 Total shares The need for regulation is a common theme in discussions about cryptocurrency, and the claim is often taken to be self-evident. Now, financial services company New York…