Russia Advances Crypto Taxation Bill, Awaiting Putin’s Signature.
Russia’s crypto tax framework introduces a 13%-15% sales tax and exempts mining services from VAT under strict reporting rules.Russia is one step closer to implementing a comprehensive framework for taxing…
Hackers Have Stolen $1.49B YTD, DeFi Suffers 200 Attacks But CeFi Isn’t Safe Either
Cybercriminals target CeFi by posing as recruiters or planting fake employees to exploit infrastructure vulnerabilities and steal funds. In November 2024, hacks accounted for an overwhelming 99.96% of total losses.…
Stablecoins Remain 1% of US Money Supply, FX Market but Experts Predict 10x Growth
Report forecasts stablecoins growing from 1% to 10% of US M2 and FX, spurred by advancing regulatory clarityWith a current market cap of less than $200 billion, stablecoins represent a…
Nigeria Restarts $35M Money Laundering Case Against Binance
The legal battle began earlier this year when the EFCC charged Binance and two executives, including regional manager Nadeem Anjarwalla, who has since fled. The Economic and Financial Crimes Commission…
Coinbase Will Discontinue USDC Rewards in the EEA on December 1st.
With the full application of MiCA anticipated in December 2024, Coinbase is working to ensure its offerings in the EEA are compliant.American crypto exchange Coinbase will stop offering rewards to…
Russian hacking software Costing $150 used to steal hundreds of UK Defence Staffs, Contractor log-ins and Critical Data Which Are Then Sold In Dark web.
The Ministry of Defence is investigating a security breach after hundreds of computer log-in details for its employees were stolen and posted on the dark web. Emails and passwords belonging…
Man Who Lost His Hard Drive With 8,000 Bitcoins Now Worth $760 Million, Girlfriend Adamant That She’s Not At Fault Because He Asked Her To Trash The Wastes Containing The Hard Drive.
James Howells might go down in history books as one of the unluckiest people ever, having discarded hundreds of millions of dollars in Bitcoin accidentally. But a new twist in…
European luxury store Printemps to accept crypto payments.
Printemps, a 159-year-old French luxury store, has announced that they will now accept cryptocurrency payments through a partnership with Binance Pay and Lyzi. This move makes it a leading departmental…
Can Bitcoin’s Price Surge Above $100K? On-Chain Says So (CryptoQuant)
CryptoQuant’s P&L and Bull-Bear Market Indicator show BTC is still below overvalued territory; hence, the cryptocurrency has more room for growth. Bitcoin (BTC) is still far from the overvalued levels…
Celsius to Disburse Another $127M From Its Legal Recovery Account.
Eligible Celsius creditors in specific classes will receive payouts via PayPal, Venmo, or Coinbase, based on BTC at $95,836.23.Bankrupt crypto lending firm Celsius has announced plans to distribute an additional…