Nigeria's $246,153 Crypto Theft: Recovery Steps and Impact
Exploring the aftermath of Nigeria's $246,153 crypto theft: arrests, recovery efforts, and the broader implications in the digital sphere.
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Former Binance CEO Challenges US Government's Travel Restrictions
Amidst escalating legal tensions, former Binance CEO Changpeng "CZ" Zhao fights against the US government's efforts to impede his return to the UAE.
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BRICS nations are spearheading a strategic de-dollarisation movement, challenging the long-standing dominance of the US dollar in global trade and signalling a transformative shift in the traditional financial order.
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Former SEC Chair Jay Clayton's surprising endorsement of cryptocurrency, despite past legal clashes with Ripple, prompts Ripple CEO Brad Garlinghouse to question the sincerity of Clayton's newfound support, raising concerns about potential inconsistencies in his evolving stance.
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The move follows the Japanese government's recent revision of the Payment Services Act on June 3, 2023, which aims to regulate stablecoins.
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Kimsuky, a North Korean hacking group, employs tactics to target South Korean officials in a cryptocurrency theft scheme, prompting a surge in cybersecurity measures.
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JasperJapanese Tax Agency Scrutinises Crypto Tax Violations
The Japanese National Tax Agency (NTA) reveals an increase in crypto tax violations, with 548 cases identified out of 615 inquiries in the fiscal year 2022. Although the average undeclared income per case dropped to $206,000, the cumulative value rose to $126.5 million, prompting calls for tax system reforms in Japan amid criticisms of the current structure's impact on firms holding coins.
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DavinDappBay’s Red Alarm Flags Over 100 Risky BNB Chain dApps [Updated]
BNB Chain recently unveiled insights shedding light on its DappBay platform. At the forefront of the Red Alarm list is Genesis Universe, an NFT-based game on BNB Smart Chain. Despite its play-to-earn mechanism, caution is advised due to its presence on the Red Alarm list, highlighting operational uncertainties.
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