News about CRYPTOCURRENCY

News about Cryptocurrency

Firms that do standard financial audits for companies with cryptocurrency holdings?

Generally speaking, the larger accounting firms will not do standard financial audits for firms with crypto holdings. I suspect reputational risk is too high for their risk appetite. I know there are companies that do things like reserve audits, but...

Cryptocurrency investors eagerly awaiting SEC ruling on bitcoin ETFs - CNBC

Cryptocurrency investors eagerly awaiting SEC ruling on bitcoin ETFs& & CNBC

South Korea Cracks Down on Cryptocurrency, Credit Card Purchases Banned

South Korea intensifies crypto regulations in 2023, targeting illicit flows and tightening credit card use for crypto purchases. (Read More)

How the 2021 Infrastructure Bill Impacts Cryptocurrency Reporting and Tax

The 2021 Infrastructure Bill requires IRS reporting for crypto transactions over $10,000, expanding cash definition to digital assets, and requiring brokers to report customer details within 15 days. (Read More)

The SpaceX Token Scam: A Cautionary Tale in Cryptocurrency Fraud

SpaceX Tokens, a cryptocurrency linked to SpaceX, are allegedly used for decentralized funding and community engagement, but evidence suggests they are part of a scam involving fake advertisements and social media. (Read More)

The barrier to entry for Cryptocurrency in the UK is becoming a joke!

All the exchanges are making it harder to buy cryptocurrencies, whether its via the registration process, or obstacles and high cost of exchanging FIAT to crypto. Its all just becoming a bit of a nightmare however I think I have found the most effect...

China Identifies Cryptocurrency as a New form for Bribery and Corruption

The Chinese Association for the Study of Integrity and Legal Systems warns of new corruption forms in the digital era, recommending strengthened legislation, expanded bribery definitions, and improved digital enforcement infrastructure. (Read More)

1 No-Brainer Cryptocurrency to Buy Before It Soars 685% or More, According to Certain Wall Street Professionals - The Motley Fool

1 No-Brainer Cryptocurrency to Buy Before It Soars 685% or More, According to Certain Wall Street Professionals& & The Motley Fool

Will bitcoin continue its surge in 2024? (Cryptocurrency:BTC-USD) - Seeking Alpha

Will bitcoin continue its surge in 2024? (Cryptocurrency:BTC-USD)& & Seeking Alpha

Cryptocurrency-linked stocks rally as Bitcoin surpasses the $45K milestone - Seeking Alpha

Cryptocurrency-linked stocks rally as Bitcoin surpasses the $45K milestone& & Seeking Alpha

Orbit Bridge Hack Confirmed, Over $81.5 Million Lost in Cryptocurrency Assets

Orbit Bridge, an inter-blockchain bridging protocol, has confirmed that it was recently exploited, losing over $81.5 million in several assets, including USDT, DAI, USDC, WBTC, and ETH. Orbit Chain is trying to communicate with the group responsible...

Bitcoin rings in the new year with a rise above $45000 (Cryptocurrency:BTC-USD) - Seeking Alpha

Bitcoin rings in the new year with a rise above $45000 (Cryptocurrency:BTC-USD)& & Seeking Alpha

Cryptocurrency Bitcoin Hits 21-Month Peak, Soars Above $45,000 - NDTV

Cryptocurrency Bitcoin Hits 21-Month Peak, Soars Above $45,000& & NDTV

Cryptocurrency Phishing 2023: Wallet Drainers Steal $295 Million from 324,000 Victims

Scam Sniffer's 2023 report shows a significant rise in sophisticated crypto phishing scams, causing losses of $295 million to over 324,000 victims, highlighting ongoing industry challenges. (Read More)

Cryptocurrency Miner Kidnapped for Ransom in Russia

In Izhevsk, Russia, a 23-year-old bitcoin miner was forcefully abducted from his residence as kidnappers demanded a ransom of 15 million rubles ($166,000). 23-Year-Old Russian Bitcoin Miner Kidnapped for Ransom On Dec. 25, in a rapid sequence of eve...