US election vs. Fed rate cut — 5 Things to know in Bitcoin this week
Bitcoin faces a macro week like few others as BTC price action struggles to flip old resistance to bull market support.
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How law enforcement struggles with sophisticated crypto laundering
Advanced crypto laundering techniques continue to challenge law enforcement and crypto-related services as highlighted in a new Chainalysis money laundering report.
South Korea’s Finance Minister Confirms Plan to Tax Cryptocurrency
Although scant on details, South Korea’s finance minister has confirmed that taxes will be imposed on cryptocurrency in the country. 1159 Total views 25 Total shares The South Korean Finance Minister, Hong Nam-Ki, announced plans to impose a tax on cryptocurrency, while speaking to the parliamentary finance committee on June 17.According to a report from…
House Ag Committee leader talks new bills to treat more cryptos like commodities
Two bills introduced last week looked to solidify the roles of the Securities and Exchange Commission and the Commodity Futures Trading Commission — respectively the regulators for securities and commodities in the United States. The bills featured many of the usual suspects in legislation touching on crypto but one less familiar face was U.S. Representative…
Poland arrests ex-CEO of Russian crypto exchange WEX for US extradition: Report
The former crypto executive was previously arrested in Poland in 2021 over related matters but was released after 40 days.
Core Scientific to hand over 27K rigs to pay $38M debt
The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines. 342 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto mining firm Core Scientific made a deal with the New York Digital Investment Group (NYDIG) to pay off an…
Overview of Software Wallets, the Easy Way to Store Crypto
Similar to a bank account for fiat currency, a crypto wallet is a personal interface for a cryptocurrency network that provides reliable storage and enables transactions. Whether a cryptocurrency is securely stored or not, much depends on the wallet, which is only as secure as its private keys.Wallets are generally either hot or cold. The…
US House Republicans probe SEC’s Gensler on political hiring claims
Three GOP lawmakers asked SEC Chair Gary Gensler to turn over information on his agency’s hiring process, claiming they had found evidence of a political ideology-driven hire.
FBI warns of North Korean ’social engineering’ schemes to steal crypto
DPRK scammers have been employing fake offers of employment and investment opportunities to trick crypto users into downloading malware.