Defy. To openly resist. DeFi. The contraction commonly used for decentralised finance. The buzzword used to describe the financial ecosystem getting plenty of mainstream traction sounds similar to the …
Ongoing solana attack targets thousands of crypto wallets, costing users more than $5 million so far
Nearly 8,000 digital wallets have been drained of just over $5.2 million in digital coins including solana’s sol token and USD Coin (USDC), according to blockchain analytics firm Elliptic. The Twitter …
The IRS Is Working On A New Tax Form To Capture Your Crypto Activity
The Infrastructure Act passed by the U.S. Congress in 2021 brought cryptocurrency exchanges under the controversial “broker” definition and subjected them to the IRS information reporting regime. As a …
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Cryptocurrency regulation is changing. Here’s what you need to know
Recent regulatory advances, including the release of the Markets in Crypto-Assets (MiCA) provisional agreement in the EU and the release of the Framework for International Engagement on Digital Assets …
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Crypto Tokens: Does Security Selection Matter?
A falling stock market is not bad for everyone. Sure, many investors lose out as their portfolios decline in value, but those who are just starting to invest or have underweighted equities can benefit …
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The toughest challenges for cryptocurrency lie ahead, not in the rear-view mirror
With more than $1 trillion in cryptocurrency value wiped out since the 2021 high-water mark, many investors may be tempted to enter the cryptocurrency orbit at a potentially attractive, lower price …
What is a crypto airdrop and how does it work?
For most crypto investors, there is nothing more important than making a return on their investment. Thanks to the volatility, this can be done quickly or it can be a hugely difficult task. That's why …
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Is Crypto a Security or Commodity? Look to Congress’ Ethics Rules
The Responsible Financial Innovation Act introduced on Jun 7, 2022 includes a comprehensive regulatory framework for digital assets and seeks to provide clarity in how digital assets, such as …
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Here’s how North Korean operatives are trying to infiltrate US crypto firms
Devin, the founder of a cryptocurrency startup based in San Francisco, woke up one day in February to the most bizarre phone call of his life. The man on the other end, an FBI agent, told Devin that …
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How to Secure NFT Assets
If there’s any term that can describe the current NFT market, it’s the Wild West. Because the NFT space is still experimental and regulations are unclear or lax, it has attracted a flood of hackers …