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Ex-bank Boss Lebedev Says 'Parasitic' 'Banks Pocket Clients Money,' Touts DeFi


Alexander Lebedev. Source: a video screenshot, Youtube/Александр Лебедев A Russian media mogul and former bank chief who is set to launch an ambitious new, DeFi-themed cryptobank project in Switzerland has taken a swipe at the conventional banking system and countries that allow themselves...

Hackers Hack Telecom Argentina, Demand USD 7.5 Million In Monero


Telecom S.A., the largest telecommunications company in Argentina, has suffered a ransomware attack as hackers demand USD 7.5 million in privacy coin Monero (109,345 XMR) to be paid until the night of Tuesday, July 21. If the company does not meet the deadline, the payable amount will rise to...

UK Introduces New Crypto Tax Rulings, Says Bitcoin is not Money


The British government has updated its cryptocurrency tax rules, adding stipulations for businesses that work with crypto. Also, they stressed that they do not consider Bitcoin and other digital tokens to be money. The UK’s tax agency, the HMRC (HM Revenue and Customs) had already released a series...

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