Unizen hacker transfers $2.1M stolen funds to Tornado Cash
The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns.
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Australian tax office: Report crypto profits or else
The ATO said it already knows who is invested in cryptocurrencies and expects cooperation. 1742 Total views 3 Total shares The Australian Tax Office has urged citizens to accurately report any profits made in the process of trading cryptocurrencies like Bitcoin (BTC), as it anticipates tax filings from a pool of 600,000 Aussies who it…
Post-FTX crypto industry needs education before regulation: Former Biden advisor
“What I preach for is regulation that protects and prevents but does not cripple and destroy [innovation],” the senior adviser told Cointelegraph.
Blockchain Startup Aims to Help Indian Farmers Get Fair Crop Prices
Agtech startup Agri10x has partnered with the Indian government to boost the income of India’s farmers with the help of its blockchain platform. 883 Total views 22 Total shares A blockchain-based agtech startup Agri10x has inked a partnership with the Indian government to help farmers sell their produce directly to buyers.According to a report published…
Metropolitan Commercial Bank Shuts Down Tether’s Accounts
New York-based Metropolitan Commercial Bank has requested that stablecoin issuer Tether close its accounts with the bank has shut down accounts associated with stablecoin issuer Tether, technology-focused news outlet Coindesk reported on July 10.Tether and its affiliated companies reportedly had accounts with Metropolitan Commercial Bank for almost half a year, and now the financial institution…
Digital Yuan’s Backend Development Complete, Says Chinese Official
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency. 2606 Total views 68 Total shares The former vice-chair of the People’s Bank of China’s National Council for Social Security Fund, Wang Zhongmin, announced that China has completed the backend architecture…
Rarible and Adobe form partnership aimed at protecting NFT creators
The Adobe feature can add an NFT creator’s wallet address and social media information to the metadata of tokens listed on Rarible, helping “to fight misinformation with attribution and verifiable truth of content.” 340 Total views 25 Total shares Software giant Adobe is trying to make it easier for nonfungible token, or NFT, creators to…
FBI seeks Bitcoin wallet information of ransomware attackers
The FBI, along with two other federal agencies, CISA and MS-ISAC, asked U.S. citizens to report information that helps track the whereabouts of the hackers. 420 Total views 6 Total shares Three federal agencies in the United States — the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency and the Multi-State Information…
‘Conservative’ BTC supply shock metric now says Bitcoin should cost at least $55K
Bitcoin (BTC) should cost at least $55,000 per coin according to one metric measuring its so-called “supply shock.”In a tweet on Sep. 5, analyst Willy Woo highlighted what he added is a “conservative” price estimate for BTC/USD.Bitcoin price plays catch-up with metricsWhile Bitcoin has still not established $50,000 as firm support, on-chain metrics have been…