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This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, which was originally published in Q1 2024, writer Gaz of Blocmates thoroughly examines Fantom’s major upgrade, named Sonic. For more Blocmates content, read crypto … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, El Salvador’s President Nayib Bukele meets with President Milei in Argentina, offering bitcoin advice to the Senate, and Uruguay passes a cryptocurrency law after over two years of discussion. Bukele and Milei Meet: … Read more
The US Homeland Security Investigations (HIS) Cyber Crimes Center reported it disrupted hundreds of ransom attacks since its formation in 2021. Go to Source
Bitcoin is currently exactly where it was in the last two cycles, said NYDIG’s research head Greg Cipolaro, who said crypto could be in for a big Q4. Go to Source
The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support reforms and ensure bitcoin adoption does not threaten financial stability. IMF Urges El Salvador to Tackle Bitcoin … Read more
The G7 nations want to ensure AI isn’t used to facilitate “collusion” between AI firms that could lead to the sharing of sensitive information or forming a monopoly. Go to Source
Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of tens of billions of dong. Key Vietnamese suspects, trained in digital deception, have been arrested for their roles in the scheme, which included using fake … Read more
If approved, EIP-7781 will reduce block times from 12 seconds to 8 seconds, increase blob capacity, and make decentralized exchanges slightly more efficient. Go to Source
The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must carefully evaluate their tax positions, especially as some provisions retroactively affect transactions since 2018. UAE’s VAT Amendments Introduce Retroactive Tax … Read more
The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation uncovered a secret encrypted communication platform, Ghost, leading to the arrest of its alleged mastermind. Through digital forensics, authorities cracked the suspect’s crypto accounts. With previous operations yielding millions in seized assets, the ongoing investigation … Read more