The Staff Accounting Bulletin 121 said customers' crypto assets in banks should be held on the banks' own balance sheets. That should have been a rule, not guidance, the GAO says,...
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The exploiter will retain 20% of the stolen funds as a bug bounty. A hacker who exploited decentralized-finance protocol Safemoon has agreed to return 80% of the stolen funds value...
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Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M to buy luxury cars and homes from funds that they told investors we...
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As many as 48 countries committed to a tax-transparency standard starting in 2027 that will provide for the automatic exchange of information between jurisdictions to combat tax ev...
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A hacker stole $27 million worth of tether (USDT) from a wallet linked to the Binance deployer over the weekend, according to blockchain analyst ZachXBT.The $27 million loot was co...
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Welcome to the world of crypto taxes, where investors are finally starting to see black and white rules! It's crucial to understand the basics of crypto taxes to ensure you stay on...
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Hackers are using a piece of code called Create2 to bypass security alerts when users sign malicious signatures.Hackers that stole more than $60 million worth of crypto in six mont...
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Prices on the majors stabilized after a rally at the end of the U.S. trading week, while the crypto winter continues to thaw in every part of the market from bitcoin to ether and D...
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The proposal to establish a U.S. tax regime for digital assets has drawn a stunning 120,000 comments and will be the focus of an IRS hearing today.The Internal Revenue Service's au...
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