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New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin


Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...

$1 Billion Silk Road Bitcoin Moves for First Time in Five Years


At least 69,369 bitcoins, worth about $955 million, were on Wednesday moved from a wallet address that may be linked to the collapsed Silk Road darknet marketplace. This is the first time that the funds have moved from the address — bitcoin’s fourth largest — since April 2015....

Crypto Exchange Coinbase Hands Over Customer Data to UK Tax Authority


Coinbase is handing over customer data to the British tax authority, Her Majesty’s Revenue & Customs (HMRC). The measure affects customers with a U.K. address who received more than £5,000 ($6,450) worth of cryptocurrency during the 2019/20 tax year. On Oct. 2, Coinbase sent...

Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders


Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve...

BitMax.io Moves to Eliminate Public Address Usage with FIO Protocol


Disclaimer: The text below is a press release that was not written by Cryptonews.com. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by former Wall Street quant trading veterans, has announced its support of the FIO Protocol for depositing and withdrawing crypto...

USD 1m in Limbo as DeFi 'Rookie' Sends Funds To Wrong Address


Somebody sent USD 1m to Swerve Finance contract today, with the Cryptoverse initially presuming that the sender would never see their money back. As it turns out, the fortune (pun intended) might be smiling upon the sender at the moment. In a move which some described as "brutal,"...

Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether


A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report...

Deeper DX


Shawn Wang thinks there are deeper, perhaps more uncomfortable, places to go with developer experience (DX) beyond the surface-level stuff that we recently covered. Sure, sure, documentation, CLIs, good demos. But there are much harder questions to answer that are part of the real DX. Shawn lists...

Offering Options for mailto: and tel: Links


I generally like mailto: links. But I feel like I can smell a mailto: link without even inspecting or clicking it, like some kind of incredibly useless superpower. I know that if I’ve got my default mail client set, clicking that link will do what I want it to do, and if I want, I...

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