Solana-based Cypher developer confesses to gambling away $300K of user funds

The United States Internal Revenue Service (IRS) stretches the tax rules to fit its cryptocurrency agenda. At no time in tax history has pure creation been a taxable event. Yet, the IRS seeks to tax new tokens as income at the time they are created. This is an infringement on traditional tax principles and problematic…

The Central Bank of The Bahamas is planning to launch a national cryptocurrency across its entire archipelago next month. The Bahamas is gunning to become the first country in the world to roll-out a state-backed virtual currency nationwide, and has announced it will launch a central bank-issued cryptocurrency during October.The assistant manager of eSolutions at…

Telefonica announced a new tool created by its cybersecurity division to decrypt affected files by VCryptor. 582 Total views 21 Total shares On June 3, Spain-based telecommunications conglomerate, Telefónica, released a free tool to recover data encrypted by the VCryptor ransomware.The tool, VCrypt Decryptor, was created as part of an international initiative titled “No More…

The United Nations Office on Drugs and Crime (UNODC) will reportedly partner with blockchain-based telemedicine and telepsychology firm doc.com to expand free basic healthcare services across Eastern Africa. News of the partnership was shared with Cointelegraph in an email on Dec. 26.In an officially sealed letter signed on Dec. 20 by Amado Philip de Andres,…

South Korea’s lawyers are lobbying the country’s government to step up its action and expedite a legal framework for cryptocurrencies, Reuters UK reports Nov. 8.The Korean Bar Association, membership of which is required of all the country’s lawyers, has appealed to the government to take more swift action in the realm of cryptocurrencies, with Bar…

JPMorgan Chase recently came to terms on a lawsuit from 2018 involving added fees for crypto purchases using credit cards.

Arthur Hayes unstakes $9.41 million worth of PENDLE tokens, raising community concerns about a potential price dump. Here’s what you need to know.

At its core, tokenization transforms traditional assets into digital tokens that can be traded on a blockchain. Whether it be real estate, debt, bonds or shares of a company, tokenization brings efficiency and transparency to these processes. It also broadens retail investors’ access to these asset classes. A new research report by Brickken and Cointelegraph