US Tax Agency Says Crypto Tax Investigations are Increasing
The CI Unit of the IRS has reported an increase in investigations related to the reporting of digital assets.
North Korea-Linked Hackers Steal $3B in Crypto Since 2017
Since 2017, North Korean hackers have managed to steal approximately $3 billion worth of digital assets, with $1.7 billion of that being stolen in just the last year.
UX Chain and Osmosis Could Merge within Cosmos
Osmosis and lending platform UX Chain have jointly suggested a merger between the two entities, marking a significant consolidation within the Cosmos ecosystem.
British Parliament Believes Further CBDC Tests Are Needed
The House of Commons Treasury Committee has requested the Bank of England and Treasury to conduct further research and consultation to assess the potential advantages of a CBDC.
BNB Chain Developers Unveil opBNB L2 Network Roadmap
The developers of the BNB Chain have released a roadmap for their second-layer solution called opBNB.
MicroStrategy Buys Over $600M of BTC
Microstrategy significantly increased in November its holdings by purchasing 16,130 BTC, worth approximately $608 million at current market prices.
Brazil Will Implement a 15% Tax on Certain Crypto Earnings
The Brazilian Senate has recently passed new tax regulations that could result in citizens being taxed up to 15% on profits made from cryptocurrencies held on exchanges outside of the country.
