The framework specifies how existing tax obligations apply to crypto disposals and rewards, with some withheld amounts payable in the originating token. Read More at https://cointelegraph.com/news/nigeria-crypto-tax-rules-digital-asset-platforms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Crypto firms still seeking frontier AI access; only select few have it
Crypto executives say restricting powerful AI models may initially be justified, but it doesn’t make sense as open-source alternatives become more capable. Read More at https://cointelegraph.com/news/few-crypto-firms-have-access-to-frontier-ai-as-cyber-threats-escalate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coldcard Bitcoin theft tops $100M across 3 confirmed attack waves: Galaxy
Galaxy Research said 90% of the stolen Bitcoin remains unmoved as investigators examine a suspected fourth wave that could lift losses to $130 million. Read More at https://cointelegraph.com/news/coldcard-bitcoin-theft-100-million-three-waves?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitmine adds $19.6M in ETH, repurchases 4.5M shares
Bitmine said it now holds about 4.8% of Ether’s circulating supply as it pursues its 5% acquisition target. Read More at https://cointelegraph.com/news/bitmine-buys-10399-eth-repurchases-4-5-million-shares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mastercard completes $1.8B BVNK acquisition in stablecoin push
Mastercard said the tie-up would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement and treasury services. Read More at https://cointelegraph.com/news/mastercard-completes-bvnk-acquisition-stablecoin-push?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Malaysia Blockchain Week’s OnlyFans scandal, lonely heart scammed for $3.3M: Asia Express
Fake romance crypto investment scams net $9 million in a single week in Hong Kong, as Malaysian authorities lose it over a crypto conference’s after-party. Read More at https://cointelegraph.com/magazine/hong-kong-lonely-heart-scammed-out-of-33m-in-crypto-asia-express?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Caleb & Brown expands to UK, betting on untapped crypto demand
The boutique brokerage will focus on high-net-worth clients rather than competing with retail crypto exchanges. Read More at https://cointelegraph.com/news/caleb-brown-expands-to-uk-betting-on-untapped-crypto-demand?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Boltz pauses service after wave of AI-assisted hacking attempts
The non-custodial protocol said attackers are discovering and adapting exploits faster than its small development team can identify and patch them. Read More at https://cointelegraph.com/news/boltz-pauses-service-after-wave-of-ai-assisted-hacking-attempts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bessent’s top crypto adviser Tyler Williams exits US Treasury: Report
A key architect of the Trump administration’s digital asset agenda is leaving the Treasury Department as Congress struggles to advance landmark crypto legislation. Read More at https://cointelegraph.com/news/bessent-top-crypto-adviser-tyler-williams-leaves-us-treasury-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies continue to trim costs. Read More at https://cointelegraph.com/news/falconx-workforce-reduction-amid-crypto-market-slump-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound