Widespread Crypto Tax Evasion Revealed in Norwegian Study
A recent study from Norway, published by the National Bureau for Economic Research, has highlighted increased levels of tax non-compliance among cryptocurrency holders.
Crypto News
Crypto news
The desk's complete reporting record, newest first.
- 517
- Crypto stories
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- security flagged
- 26 Mar 2022
- archive starts
zkSync and Avalanche Discord Breaches Underscore Urgent Need for Enhanced Security
Both zkSync and Avalanche found their official Discord servers compromised today.
Aave v3 Set to Launch on ZKsync Era
Aave v3 is set to launch on ZKsync Era, bringing enhanced scalability, privacy, and security to DeFi users through zero-knowledge technology.
Justin Sun Pledges to Launch DAO with $1M Aid for Durov’s Release
Justin Sun, the founder of TRON, has proposed the creation of a decentralised autonomous organisation (DAO) to support the release of Pavel Durov, the CEO of Telegram, who was recently detained by French authorities.
Pavel Durov Arrest Shocks the Crypto World as Toncoin Crashes
Durov, a Franco-Russian billionaire known for his staunch advocacy of privacy and free speech, was detained at Le Bourget Airport outside Paris on August 25, 2024.
Faulty Upgrade Script Caused $10 Million Ronin Bridge Hack, Report Reveals
A recent $10 million hack on the Ronin bridge was caused by a critical error in an upgrade script, leaving the system vulnerable to unauthorised withdrawals.
A Battle for the ZK Acronym
Matter Labs’ trademarking of “ZK” caused backlash from Starkware, Polygon, and Polyhedra.
A Guide to ZK Hyperchains
ZK Hyperchains are Layer 3 (L3) blockchains built on top of existing Layer 2 (L2) or Layer 1 (L1) solutions.
DEGEN Chain: Engineering a People-Centric Layer-3 Blockchain
This article examines the genesis and evolution of DEGEN, from its strategic token launch and dedicated team to its cutting-edge layer-3 technology and robust community engagement.
Adidas and STEPN Launch NFT and Merchandise Collaboration
A “Stepn x Adidas Genesis Sneakers” partnership collection officially kicks off, featuring 1,000 unique NFTs inspired by Adidas’s most iconic running shoe designs.
Pendle Finance: Enhancing Yield Management in DeFi
In the world of DeFi, yields on platforms like Aave can swing unpredictably.
The Accountant’s Guide to Cryptocurrency Tax: Compliance and Strategy
Cryptocurrency accountants play a crucial role in navigating the complex landscape of digital finance, offering services from tax liability calculation and compliance to strategic advice for individuals and businesses holding digital assets.
Privacy, Regulation & Innovation: ShapeShift Settlement Highlights DeFi Industry’s Regulatory Challenges
The SEC has reached a settlement agreement with ShapeShift. SEC Commissioners Hester Peirce and Mark Uyeda expressed their opposition to the SEC’s enforcement action.
Bitcoin Breaks Through $69k to Set New All-Time High, Followed by Sharp Pullback
Bitcoin momentarily climbed past its previous record high to reach over $69,000 at around 3 PM UTC on Tuesday, surpassing the previous peak of $68,990.90 recorded in November 2021.
Crypto on the Campaign Trail: MAGA Coin’s Rise, ‘PoliFi’ and Prediction Markets
The MAGA coin has witnessed a staggering 500% surge in its value over the past month, boasting a market cap exceeding $400 million.
Farcaster: Decentralised Social Networking
Farcaster, a decentralised web3 social protocol built on the Optimism Layer 2 scaling network, has recently piqued the interest of the crypto community, including notable figures like Vitalik Buterin and Jesse Pollack.
Avalanche Blockchain Faces Halt Amid Durango Upgrade Rollout
Avalanche’s primary blockchain, known for its speed and efficiency in handling transactions, experienced a significant halt in block production early Friday morning.
Wormhole and AMD to Pioneer a New Frontier in Blockchain Zero Knowledge
Wormhole, the cross-chain messaging protocol, has enlisted the semiconductor maker AMD to strengthen its security framework with zero-knowledge proofs, a step toward reducing the reliance on trust in cross-chain transactions.
Polygon Labs introduce the future of blockchain with a type 1 prover
Polygon Labs has announced a type 1 prover, a tool that lets any EVM-compatible chain use zero-knowledge scaling, due for release later this year inside Polygon’s Chain Development Kit.
Ripple Co-Founder’s Personal Accounts Compromised in $112.5 Million Hack
In a significant breach impacting the cryptocurrency industry, Chris Larsen, the co-founder of Ripple, experienced a substantial Ripple hack involving his personal XRP wallets.
BOCI and UBS: Leading the Charge in Tokenised Securities
In a significant leap towards the future of finance, the Bank of China’s investment banking arm, BOCI, and Swiss banking giant UBS have come together to make a monumental move – the issuance of a fully digital tokenised security in Hong Kong.
New UK Regulations to Restrict Free Promotional NFT and Crypto Airdrops
The United Kingdom is taking a significant step towards regulating cryptocurrency by banning free promotional NFT and crypto airdrops that encourage investment. The Financial Conduct Authority has announced that the new rules come into effect on 8 October 2023.
Beyond Borders: Binance’s Strategic Pivot Towards UK Amid US Crypto Clampdown
As it grapples with the ever-tightening leash of American crypto enforcement, Binance sets its sights on UK regulation, a significant pivot in its strategic blueprint.
Decoding the Future of Crypto: Insights from the FT Live Crypto and Digital Assets Conference 2023
The recent FT Live Conference on crypto and digital assets was a treasure trove of insights, offering a kaleidoscope of perspectives from industry leaders who are shaping the future of the digital economy.
Do Kwon Arrested in Montenegro Amidst Ongoing Investigations; Terra’s LUNA Tokens Suffer Decline
Do Kwon, the former CEO of Terraform Labs and co-founder of the Terra blockchain ecosystem, has been arrested in Montenegro, according to a series of tweets by the country’s Minister of Interior, Filip Adzic.
Unofficial Trading of Arbitrum Coin Surfaces on OTC Market Before Airdrop Event
The Arbitrum token has surfaced on the over-the-counter (OTC) market ahead of its scheduled airdrop. Opportunistic traders are already taking advantage of the token’s premature arrival by conducting transactions on OTC platforms.
Lazarus Group’s Sneaky Tactics: Attempts to Steal from Euler Finance Hackers
On March 13th, 2023, Euler Finance, a decentralised finance (DeFi) protocol built on the Ethereum network, suffered a flash loan attack resulting in the loss of $199 million worth of digital assets.
Microsoft Crypto Wallet Integration in Edge Web Browser Being Tested
Microsoft, one of the world’s leading software companies, is reportedly testing the integration of a crypto wallet in its web browser, Edge.
Revolutionising AI with blockchain-powered data infrastructure
Blockchain technology and artificial intelligence (AI) are two disruptive technologies that are changing the business landscape.
Crypto Tax UK: HMRC to Focus on Crypto Assets Tax Declarations
The United Kingdom’s tax authority, Her Majesty’s Revenue and Customs (HMRC), has made it mandatory for individuals to declare their cryptocurrency holdings in their tax returns, making it a separate category in the tax form.
Arbitrum Foundation Announces ARB Token Airdrop and Transition to DAO
Arbitrum, the leading Ethereum layer 2 scaling solution, is launching its native token, ARB.
European Parliament Advances EU Digital Wallet
The European Parliament has voted to advance the EU Digital Wallet initiative, which is aimed at creating a digital wallet for EU citizens.
Ethereum’s Shanghai Hard Fork Date Confirmed for Staked ETH Withdrawals
During the All Core Developers Execution Layer #157 call on Thursday, Ethereum developers agreed on a target of April 12 for the long-awaited Shanghai hard fork date.
Coinbase ETH Unstaking: What You Need to Know
Coinbase ETH unstaking requests to be processed within 24 hours after the Shanghai upgrade. The Shanghai upgrade is a major network upgrade for Ethereum that will improve the network’s scalability and efficiency. This upgrade is expected to happen in April.
New Ethereum URL Standard ERC-4804: A Solution for Censorship-Free Web3 URLs
A new Ethereum URL standard ERC-4804 has been introduced to make it easier to create and share web links that can’t be censored or taken down.
Proof-of-Stake Tokens May Be Considered Securities, Says SEC Chairman Gensler
Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), has suggested that proof-of-stake (PoS) tokens may be considered securities under US law.
Meta to pull NFT sales on Instagram: What it means for the NFT industry
When Meta announced its initiative allowing artists to sell NFTs on Instagram, it was seen as a positive development for the struggling NFT industry.
Credit and debit cards will be accepted by Uniswap for cryptocurrency purchases
Through its web app, Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency using debit cards, credit cards, and bank transfers. In most states of the U.S., Brazil, the United Kingdom, and the Single Euro Payments Area, or SEPA, bank transfers will be available.
Zebu Live Wraps Up Hugely Successful 2-Day Event, Announces Details For Next Years’ Installment
Zebu Live Wraps Up Hugely Successful 2-Day Event, Announces Details For Next Years’ Installment
Grand Theft Auto VI Game Footage Leaked as Hacker Demands at Least $100,000 in Cryptocurrency
A hacker has leaked pre-release footage of Grand Theft Auto VI, the most anticipated video game by Rockstar and Take-Two Interactive Software Inc.
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