The US government is urging the Supreme Court to deny a Coinbase user’s challenge against the IRS’s pursuit of his crypto transaction records. Here’s a breakdown of the case and its implications.
Category: News
IMF Concerns Over Pakistan’s Bitcoin Mining Plan: Implications for Crypto?
The IMF is questioning Pakistan’s allocation of 2,000 MW for Bitcoin mining amid economic woes. Here’s what it means for the crypto market and investors.
Crypto Kidnap & Ransom Insurance: Protecting Digital Wealth from Real-World Threats
Rising incidents of violent attacks targeting cryptocurrency holders are prompting insurance companies to create specialized kidnap and ransom (K&R) policies for the crypto community.
BitMEX Exposes Security Lapses in Lazarus Group’s Crypto Operations
BitMEX’s security team uncovered critical operational security flaws within the Lazarus Group, a North Korean-backed cybercrime organization, potentially revealing key data and IP addresses.
SEC Flags Potential Issues with REX-Osprey Staked SOL and ETH ETFs
The SEC has raised concerns about the structure of REX Financial and Osprey Funds’ proposed staked Solana and Ether ETFs, questioning their eligibility under existing ETF regulations. This development could impact the timeline for altcoin ETF approvals and market sentiment.