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South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
20.3.2021
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges. No Details...
South African crypto firms warn opaque regulations are harming the industry
9.3.2021
South African crypto firms are threatening to move operations abroad if lawmakers don’t provide clear regulatory guidelines
Grimes and Paris Hilton Go Full NFT – But Some Warn of Trouble Ahead
2.3.2021
A fragment of Gods in Hi-res by Grimes. The non-fungible token (NFT) gravy train is building up a head of steam in the music and art industry.
Within just hours of dance producer 3Lau posting record-breaking sales of almost USD 12m for a batch of exclusive NFTs, the award-winning Canadian musician...
Chinese Authorities Warn About ‘Sophisticated’ Digital Yuan Scam- Promotes Access to a ‘$186M Secret’ Government Fund
27.2.2021
As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam. Bogus Platform Is Set to Be Launched in March, Say Scammers...
Weekly Platform News: Reduced Motion, CORS, WhiteHouse.gov, popups, and 100vw
26.2.2021
In this week’s roundup, we highlight a proposal for a new <popup> element, check the use of prefers-reduced-motion on award-winning sites, learn how to opt into cross-origin isolation, see how WhiteHouse.gov approaches accessibility, and warn the dangers of 100vh.…
The post...
Swedish regulators warn consumers against crypto as markets tumble
23.2.2021
Sweden's financial regulator thinks retail investors should stay away from financial products that have volatile cryptocurrencies as their underlying asset
Exchanges warn that Hong Kong's crypto retail trader ban could backfire
15.2.2021
Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong
Elon Musk Could Face SEC Investigation Over Tesla’s Bitcoin Buy, Lawyers Warn
14.2.2021
The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on...
Lawyers warn Elon Musk’s Bitcoin pumping tweets could attract SEC’s ire
11.2.2021
Elon Musk’s rampant Twitter activity could get him into hot water with the SEC according to lawyers
EY, Quadriga Law Firm Warn of ‘Imitation’ Site
10.2.2021
The imitation site is not authorized by EY and affected users have been advised to avoid at all costs
Analysts warn of 'institutional exhaustion' with Bitcoin price back below $32K
23.1.2021
The Coinbase premium has returned, but why is the price of Bitcoin still struggling to stay above $32,000?
Europeans Warn ECB Not To Mess With Privacy in Digital Euro
14.1.2021
Over 40% of Europeans who participated in a recent consultation want a digital euro to ensure privacy protection – a suggestion that EU citizens will not take kindly to a digital currency that involves Big Brother-like monitoring of their transactions by central bankers.
These were the findings...
Indian Doctors Warn of Illegal Covid-19 Vaccine Sales for Bitcoin: Citizens Urged to Wait for Government Approved Vaccine
14.1.2021
Indian doctors have warned that the sale of unauthorized Covid-19 vaccines on the black market, where vendors ask for bitcoin as payment, is illegal. According to the doctors, the unsanctioned marketing of the vaccine to the elite is prevalent in the state of Karnataka. Some doctors say the Indian...
Digital ruble could be still vulnerable to fraud, Russian banks warn
13.1.2021
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble
Central Washington Raises Concerns Over Possible Bitcoin Mining Boom
12.1.2021
A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices. Bitcoin Bull-Run Could Revive Interest...
Researchers warn 3 apps have been stealing crypto undetected for a year
7.1.2021
Three crypto based apps have concealed a nasty surprise for those that have downloaded them
Bitcoin’s price correction may not be over, on-chain data analysts warn
26.11.2020
A bigger Bitcoin pullback or a consolidation might follow, analysts say, as the risk of whale sell-off remains
Latvian regulators warn public about cryptocurrency fraud
19.10.2020
Crypto remains under-regulated, so Latvian investors need to be extra vigilant, says the FCMC
Don’t Have a Fast Bot? Beware of Initial DEX Offerings, Researchers Warn
29.9.2020
Despite a focus on “fairer distribution” of newly issued tokens, so-called Initial DEX Offerings (IDOs) tend to benefit only the most advanced traders, much in the same way as the now-infamous Initial Coin Offerings (ICOs) of 2017, a crypto research firm Messari warned.
The warning comes on...
Security Firms Warn of Potential DeFi Exit Scam After $2.5M in ‘Locked’ Cryptos Moved
9.9.2020
Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled with users' funds