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KPMG & Aspen Digital Study Reveals Wealthy Asian Investors Are Keen On Crypto


“Big four” accounting firm KPMG and technology and financial services company Aspen Digital found that family offices (FO) and high-net-worth individuals (HNWIs) in Hong Kong and Singapore "have embraced" the digital asset class, with more than 90% of survey respondents having already invested...

IRS Updates Crypto-Related Instructions for 2022 Tax Filing


The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,” the tax agency detailed. New...

Hong Kong Presents Digital Currency Prototype, Project Aurum


Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens...

Hacker Siphons Close to $300K in OHM Tokens From the Olympus DAO


On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens....

This New Crypto Shows Why Green Tokens Could Make Big Gains in 2023


IMPT is a brand new green project that hopes too capitalise on the trend of ESG investing by furthering their climate goals and incentivising individuals to reduce their carbon emissions by shopping responsibly.  In just over two weeks, IMPT has managed to raise over $7m at their presale...

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