Argentina Defines Rules for Normalization of Previously Undeclared Assets, Including Cryptocurrency

Argentina has recently released the rules that will govern the previously approved legislative package affecting the inclusion of cryptocurrency and other undeclared assets in the country’s tax system. The benefits will only be available to taxpayers who hold their assets in registered VASPs. These taxpayers will be exempt from taxes for up to $100,000 held … Read more

Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case

Craig Wright has been referred for criminal investigation in Britain for alleged perjury. Wright claimed to have authored the foundational 2008 Bitcoin white paper under the pseudonym “Satoshi Nakamoto.” He pursued litigation globally, including in the UK and the U.S., asserting his claim. The Crypto Open Patent Alliance, including Block, founded by Twitter’s Jack Dorsey, … Read more

Cambodian Firm Receives $150K in Crypto From North Korean Hackers

A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay between June 2023 and February 2024 from a wallet linked to funds stolen from Atomic Wallet, … Read more

Minterest Protocol Hacked For $1.4M In Security Breach

The Minterest protocol recently suffered a security breach resulting in the loss of approximately $1.4 million in assets. The exploit occurred on the Mantle chain, with the attacker funded by TornadoCash on the Ethereum (ETH) chain. All stolen funds on the Mantle chain have since been bridged to ETH. 🚨ALERT🚨@Minterest has encountered a security breach … Read more

Pendle (PENDLE) Surges As Whale Withdraws Millions From Binance

Pendle (PENDLE) has emerged as a standout performer in the cryptocurrency market, demonstrating significant gains recently. At the time of writing, Pendle is trading at $4.49, marking a notable 16.15% increase over the past 24 hours and a 29.33% rise from the previous week, according to data from Coinmarketcap. PENDLE Whale Movement and Profitable Strategy … Read more

Bitcoin Market Dynamics: From ATH To Recent Recovery

The Bitcoin market has navigated through several phases over the past 18 months, beginning with a period of steady price appreciation post-FTX, followed by three months of consolidation after reaching an all-time high (ATH) of $73,000. During May to July, Bitcoin underwent its deepest correction cycle, experiencing a drawdown of over -26% from its ATH. … Read more

Ethereum Surges 6% As Digital Asset Investments Reach Record Highs

Ethereum made a notable rebound today, climbing 6% to surpass the $3,300 mark amid positive market sentiment. This uptick follows significant inflows into digital asset investment products, which according to CoinShares, totaled $1.44 billion last week, pushing year-to-date inflows to a record $17.8 billion. Bitcoin alone saw its fifth-largest weekly inflow ever, amounting to $1.35 … Read more

Tokyo-Based Metaplanet Adds Almost 22 More Bitcoin to Its Treasury

Metaplanet, a Tokyo-based public company, has revealed that it has acquired more bitcoin for its treasury holdings. According to disclosure statements, Metaplanet acquired 21.877 bitcoin, spending about $1.26 million (200 million Japanese yen) for this purpose. Now, Metaplanet holds 225.61 bitcoin, having paid a little over $14.17 million for the cryptocurrency acquired. In May, the … Read more

Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice

John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017 and January 2018, Bigatton promoted Bitconnect through seminars and social media, claiming significant returns on … Read more

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