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Bitcoin Retreats as Elon Musk Touts Crypto Solution to US Debt Crisis
FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers...
Crypto exploits near $1.4B this year as hackers target CeFi — report
According to data from cybersecurity firm Cyvers, stolen funds on centralized exchanges increased 900% year-over-year in the second quarter of 2024. 4230 Total views 28 Total shares Own this piece of crypto history Collect this article as NFT According to cybersecurity firm Cyvers’ mid-year Web3 security report, the total volume of stolen crypto funds in 2024 is approaching $1.4 billion as centralized exchanges emerge as the new ground zero for exploits. In the second quarter of 2024, total crypto losses exceeded $600 million, marking a 100% increase over the same period in 2023. The surge in stolen funds was driven...
IRD targets cryptocurrency users not declaring it in taxable income
Navigation for News Categories (file image) Photo: RNZ / Richard Tindiller Inland Revenue (IRD) says it is honing in on customers who are not declaring income from cryptocurrencies in their tax returns. Cryptocurrencies are treated as a form of property for tax purposes, and what people make from selling, trading or exchanging them is taxable. Spokesperson Trevor Jeffries said IRD had identified 227,000 cryptocurrency users in New Zealand who had made about 7 million transactions with a value of $7.8 billion in the last tax year. "We want customers and tax agents to know that we are stepping up our...
