Bithumb is the subject of a special tax inquiry by South Korea’s National Tax Service (NTS). The South Korean tax and legal authorities recently took notice of Bithumb, a cryptocurrency exchange. A “special” investigation into the exchange’s business practices has been launched by the tax authorities. The company’s largest shareholder has also been subpoenaed for […]
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Tag: blockchain
Ripple’s CEO anticipates a breakthrough
During the 118th Congress, Ripple’s CEO expressed cautious optimism about regulatory clarity for cryptocurrencies. Crypto regulation receives bipartisan support On Jan. 3, Brad Garlinghouse, CEO of financial technology company Ripple Labs, stated that the newest session of Congress will finally streamline crypto regulations. Garlinghouse noted that crypto regulation was supported by both the Democratic and […]
Defrost Finance receives stolen funds, “
Defrost Finance, a decentralized leverage trading platform on Avalanche (AVAX), suffered a flash loan attack on December 23. As a first step, they took roughly $12 million, but the platform claims it received the funds and planned to “refund investors.” Further, Defrost Finance’s team claims a stolen owner key breached its V1 protocol, while others […]
Ledger Declares Partnership with Animoca...
The Ledger will offer security services, while the Sandbox will accommodate the wallet provider in its metaverse to teach users about crypto.One of the biggest providers of hardware cryptocurrency wallets, Ledger has announced a partnership with NFT gaming metaverse- The Sandbox. The move is expected to help metaverse users to expand security and to manage […]