Security News

Central bankers are claiming that Bitcoin BTC$67,177 is unfair. In doing so, they’re laying the foundation for high tax rates on Bitcoin — from mining to capital gains taxes — and even an outright ban. But most of the economic evidence — even in papers they themselves publish — suggests that the central bankers are the true […]

A recent paper from the Bitcoin Policy Institute titled The Case for Bitcoin as a Reserve Asset argued that central banks should adopt Bitcoin BTC$67,176 as a reserve asset to hedge against rising inflation, geopolitical risks, capital control risks, sovereign default, bank failures, and international sanctions imposed by the United States government. Economist Matthew Ferranti, the paper’s author, made […]

A homeowner’s attempt to sue his insurer for failing to cover his $170,000 loss to a crypto scam was rejected by a United States appeals court, with a three-judge panel ruling there had been no error in dismissing his case. The Fourth Circuit Appeals Court ruled on Oct. 24 that a Virginia District Court judge was correct […]

Chiliz has announced that its SportsFi platform Socios.com received in-principle approval from the Malta Financial Services Authority (MFSA) for a license allowing it to provide digital asset services. According to Chiliz, the in-principle approval grants Socios.com a Class 3 Virtual Financial Assets Act (VFAA) license. The project said this would allow Socios.com to operate as a regulated […]

Ripple Labs has filed a Form C in the United States Court of Appeals for the Second Circuit, challenging a recent ruling from the US Securities and Exchange Commission, the company said. Ripple’s chief legal officer, Stuart Alderoty, confirmed the filing in an X post on Oct. 25, adding that “the SEC can’t submit new […]

A homeowner’s attempt to sue his insurer for failing to cover his $170,000 loss to a crypto scam has failed in a United States appeals court, with a three-judge panel ruling there was no error in dismissing his case. The Fourth Circuit Appeals Court ruled on Oct. 24 that a Virginia District Court judge made no error […]

South Korea is reportedly planning to increase its oversight of cross-border transactions involving cryptocurrencies in a bid to combat tax evasion and “foreign exchange” crimes, according to the country’s finance minister, Choi Sang-Mok, at a G20 meeting in Washington. Choi said South Korea will introduce a reporting mandate for any business that handles “cross border […]

The digital assets market in Thailand is undergoing a transition from retail to institutional as the country aims to become Southeast Asia’s fintech hub, says the CEO of Binance Thailand. A recent regulatory move by Thailand’s Securities and Exchange Commission is a “vital step in the maturation of Thailand’s cryptocurrency landscape,” Binance Thailand chief executive […]

Professionals in the United States banking industry prefer presidential candidate and former US president Donald Trump by a small margin, according to recent survey data. But most expect to see his opponent, Vice President Kamala Harris, take the Oval Office in January. American Banker publisher Arizent gathered survey data from 191 respondents working in the […]

The North Korean Lazarus Group of hackers used a fake blockchain-based game to exploit a zero-day vulnerability in Google’s Chrome browser and install spyware that stole wallet credentials. Kaspersky Labs analysts noticed the exploit in May and reported it to Google, which has fixed it. Play at a big risk The hacker’s play-to-earn multiplayer online […]