Bogus BlackRock XRP Filing Spoofs ETF Watchers, Crypto Traders
BlackRock CEO Larry Fink (Michael M. Santiago/Getty Images)
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Crypto Tax Proposal Open for Revision, IRS Officials’ Questions Suggest
While crypto representatives and lawyers cautioned the U.S. Internal Revenue Service (IRS) that its crypto tax proposal is a dangerous and improper overreach, questions posed by a panel of IRS and Department of the Treasury officials at a Monday hearing may reveal some flexibility in the rule as it’s still being written.
CPI Report Tuesday Could Provide Next Bitcoin Catalyst
The U.S. government tomorrow will report on October inflation data.
Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ
Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud.
Crypto Fund Inflows of $293M Bring Yearly Total Above $1B: CoinShares
Ethereum related products witnessed the largest amount of inflows since August 2022.
Bitcoin Researcher Behind ‘BitVM’ Ignites Fresh Buzz With New Paper on File Hosting
The proposal by Robin Linus, a core contributor to Bitcoin-based zero-knowledge proofs developer ZeroSync, sets out how an open market for content hosting could be created by “an atomic swap of coins for files.”
FTX Sues Bybit to Claw Back $953M in ‘Misappropriated Funds’
The FTX estate says the funds were “preferentially” or “fraudulently” transferred to Bybit and affiliates in the lead-up to its November 2022, bankruptcy filing.
Ex-Polygon Veteran Wyatt Joins Optimism Foundation Unit in Growth Role
Wyatt, who previously served as president at Polygon Labs and had a stint at YouTube, joins as chief growth officer, where he will be in charge of helping developers build across Optimism’s ecosystem of blockchains.
Ethereum Wallet Drainer Steals $60M in Six Months
Hackers that stole more than $60 million worth of crypto in six months are using a piece of code to bypass security alerts after maliciously gaining access to a private key.
Raft Suffers $3.3M Exploit That Drove Down Stablecoin 50%, but Hacker Likely Lost Money on Attack
Raft’s R stablecoin lost its dollar peg, dropping as much as 50% in the immediate aftermath of the exploit.