Nigerian activist battles for Bitcoin rights in major legal challenge

CoinStats reveals an employee-targeted social engineering attack behind the hack affecting 1.3% of wallets.

United States Securities and Exchange Commission (SEC) Chairman Jay Clayton says he won’t make exceptions in securities law for cryptocurrencies, but he won’t stand in their way either.SEC rule changes ‘ain’t happening’Bloomberg published an interview with Jay Clayton on Aug. 27. According to Clayton, he has no desire to change securities laws, either to include…

A lucky trader turned 0.34 BTC into 4.6 BTC in just one swap. 1642 Total views 7 Total shares A recently launched decentralized finance platform, Saddle Finance, has netted one particular trader a more than 10x return on an arbitrage trade between different permutations of synthetic Bitcoin (BTC).According to transaction data from Etherscan, a user…

A number of industry pundits believe the U.S. Office of Foreign Assets Control’s threat to impose sanctions has victims thinking twice about paying up. 111 Total views 18 Total shares Own this piece of history Collect this article as an NFTRansomware victims have seemingly had enough of the extortion, with ransomware revenues for attackers plummeting…

Blockchain technology is said to provide more efficiency and transparency around real estate investment management. 82 Total views 2 Total shares Alternative investment firm Colchis Capital will utilize Bison Trails’ Provenance blockchain to enhance its real estate asset management services, demonstrating yet another promising use case for distributed ledger technology. Through the partnership, Bison Trails will…

Greg Brockman, expressing pride in the collective achievements since the company’s inception, announced his resignation, citing the recent developments as the reason. 254 Total views 1 Total shares The internal discord at OpenAI appears to be escalating rapidly, with the removal of Sam Altman announced by the company, citing a confidence deficit. Shortly thereafter, Greg

The number of tax evasion cases featuring crypto assets rose 35% in 2022. 193 Total views 1 Total shares According to Japan’s tax authorities, the average value of undeclared income in crypto fell by 19% in 2022.On Nov. 24, the Japanese National Tax Agency (NTA) released its yearly summary of tax investigations. The 13-page document

During an on-stage discussion at Consensus, Brian Armstrong, CEO of major United States cryptocurrency exchange Coinbase, said that its custody service has already received $1 billion in crypto under management. Coindesk reported on Armstrong’s comments on Wednesday, May 15.Panel moderator and Wall Street Journal reporter Paul Vigna asked Armstrong about the perspectives of institutional investments…

Traders were caught flat-footed on Sept. 7 after a sharp collapse in the price of Bitcoin saw the digital asset fall below $43,000 and this led to widespread liquidations in derivative markets as more than $3.54 billion was liquidated. Amount of Liquidations in the past 24 hours by exchanges in total $3.54 was liquidated!In the past 24…