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    Blockchain

    Russians ‘Can Pay Taxes on Their Crypto Earnings’ – Despite Crypto’s Lack of Legal Status

    The Russian tax body says that citizens “can pay” taxes on their crypto earnings, despite the fact that tokens have no legal status in the country.

    Rich Dad Poor Dad Author Robert Kiyosaki Predicts US Dollar’s Demise Imminent as BRICS Nations Soon to Unveil Gold-Backed Crypto

    Robert Kiyosaki – author of the famous personal finance book Rich Dad Poor Dad – is bearish on the U.S. dollar after BRICS nations reportedly agreed to establish a gold-backed currency. 

    Billionaire Winklevoss Twins and DCG’s Barry Silbert Dispute Takes a Nasty Turn

    Cameron and Tyler Winklevoss, the billionaire twins who owns crypto exchange Gemini, may have a hidden agenda with their lawsuit against Barry Silbert’s crypto conglomerate Digital Currency Group (DCG), a recent Fortune article has suggested.

    Rodeo Finance Exploited For $888,000 In Another DeFi Hack on Arbitrum Network

    Arbitrum Network-based Rodeo Finance lost 472 ether ($888,000) in a DeFi exploit today.

    DOJ Charges 25-Year-Old with Stealing $450,000 in NFTs and Crypto from OpenSea

    A Moroccan man, Soufiane Oulahyane, aged 25, has been charged by the Department of Justice (DOJ) for his alleged involvement in stealing approximately $450,000 worth of cryptocurrency and non-fungible tokens (NFTs). 

    Crypto Sleuth Claims YouTuber ‘Blue’ Used NFT Drainer Tech to Carry Out $1.5 Million Scam

    Crypto sleuth ZachXBT has alleged YouTuber known as Blue or Jack used NFT drainer tech Monkey and other similar services to steal $1.5 million.

    Apple vs. Zapple Pay: Bitcoin Tipping on Damus App Challenges App Store Policies

    In June, Apple (AAPL) threatened to remove the Bitcoin-friendly social media app, Damus from its App Store, which led to the rise of Zapple Pay. The reason behind this threat is Damus' feature that allows users to tip each other with bitcoin (BTC) on the app, which Apple considers equivalent to selling digital media.

    South Korean Pop Star Says He Lost ‘$77,000’ on Crypto Investment

    Seo Chul-goo (aka Xitsuh), a South Korean pop star, rapper, and TV personality, says he “lost” up to $77,000 on bad crypto investments. 

    Brazilian Police to Auction Assets Seized from Suspected Crypto Fraudsters

    Police in Brazil have announced plans to auction off assets seized from Trust Investing, a suspected crypto-themed financial pyramid operator.

    Terraform Labs Co-founder Faces Legal Proceedings: Trial Preparations Underway

    Legal proceedings have been initiated against Shin Hyun-Seong, also known as Daniel Shin, concerning charges concerning alleged illicit profits from the sale of Terra (LUNA) tokens.

    DeFi Platform Arcadia Finance Falls Victim to $455K Hack on Ethereum and Optimism

    Arcadia Finance has joined the growing list of DeFi protocols to lose funds in hack exploitation. The hackers leveraged a code vulnerability to siphon about $455,000 from the protocol’s Ethereum and Optimism vaults.

    Binance Facilitates Crypto Deals for Indians in Rupees

    Binance, the world’s largest crypto exchange by market cap, is reportedly attracting traders in India, allowing them to buy and sell cryptos in Indian rupees.

    European Union’s MiCA Legislation and its Impact on Stablecoin Adoption: Lawyers Raise Concerns

    The European Union's Markets in Crypto-Assets (MiCA) legislation, enacted on May 31, has generated praise and concerns within the crypto industry. 

    Lido Protocol’s LDO Token Included as Second-Largest Holding in Grayscale’s DeFi Fund

    The digital asset management firm Grayscale added Lido liquid staking protocol’s governance token to its DeFi fund.

    Coinbase Domain Name Used by Scammers in Recent Phishing Attacks – What’s Going On?

    Coinbase users have reported a series of phishing attacks that used the crypto exchange’s domain name.

    Voyager Digital Sees $250 Million in Net Outflow Since Resuming Withdrawals

    Bankrupt crypto lender Voyager Digital has seen more than $250 in net outflow since it resumed withdrawals on June 23, a year after it filed Chapter 11 and halted withdrawals.