Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.
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Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin payments
One early cryptocurrency entrepeneur thinks Elon Musk lacks moral consistency when it comes to his management of Bitcoin. 910 Total views 6 Total shares The founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon Musk, after the Tesla CEO announced the electric car…
How to determine crypto cost basis for accurate tax filings
Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards.
Bitcoin Buyers ‘Cannot Ignore’ This 3-Year 70% Returns Hack — Analyst
Using dollar cost averaging delivers tidy gains for Bitcoin investors, and it doesn’t matter when you start, PlanB says. 1083 Total views 24 Total shares Bitcoin (BTC) dollar cost averaging for even a single year is an opportunity investors “cannot ignore,” one of the industry’s best-known price analysts thinks.In a Twitter debate on June 3,…
Price analysis 8/31: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, EOS
The U.S. stock market is on track to clock its best August performance since 1984. Meanwhile, Bitcoin (BTC) is attempting a positive close for the month after having declined consecutively in August 2018 and August 2019. However, gold futures and the U.S. dollar index (DXY) have not been in favor, as both could end the month…
Microsoft Builds Decentralized Identity Network Atop Bitcoin Blockchain
Microsoft is building a decentralized identity (DID) network atop of the bitcoin blockchain, the tech giant announced on May 13.In a blog post, the company said the infrastructure, known as the Identity Overlay Network (ION,) is based on an evolving set of open standards developed in conjunction with the Decentralized Identity Foundation.Microsoft claims its approach addresses throughput issues…
From Kazakhstan to Uzbekistan: How Cryptocurrencies Are Regulated in Central Asia
As been reported on September 2, the president of Uzbekistan, Shavkat Mirziyoyev, ordered the establishment of a state blockchain development fund called the "Digital Trust." Earlier in September, a decree legalizing crypto trading — also making it tax-free — and mining in the country came into force, making Uzbekistan a crypto-friendly state. But how is…
More than $1.6 billion exploited from DeFi so far in 2022
The amount exploited this year so far surpasses the total amount stolen in all of 2020 and 2021 combined, with the month of March alone beating 2020 by over $200 million. 467 Total views 22 Total shares The decentralized finance (DeFi) space has been rife with hacks, exploits, and scams so far this year with…
Over 172 Million Weibo Users Personal Data Is For Sale on Dark Web
Chinese social media giant saw a massive data breach result in data of millions of users available for sale on the dark web. According to a March 19 report from Chinese blockchain news outlet Jinse, basic account information of 172 million users was available, priced at 0.177 BTC. The account information for sale included user ID,…