DeFi Sector Grapples with 7M Losses But Recovery Efforts Net Nearly M

DeFi Sector Grapples with $187M Losses But Recovery Efforts Net Nearly $99M

Amidst improved investor sentiment, blockchain security firm PeckShield’s report for March 2024 revealed a concerning surge in crypto hacks, with over 30 incidents causing approximately $187.29 million in losses. Despite these setbacks hindering…

IRS Intensifies Efforts to Combat Crypto-related Tax Evasion

IRS Intensifies Efforts to Combat Crypto-related Tax Evasion

According to a report from the Internal Revenue Service (IRS) criminal investigations division, tax evasion has emerged as a significant area of focus in crypto investigations. More than half of all probes conducted…

NFT project for ocean conservation efforts | New Day

NFT project for ocean conservation efforts | New Day

#NFT #project #ocean #conservation #efforts #Day source

Singapore’s Investment Giant Temasek Pauses Crypto Efforts, Cites Regulatory Uncertainty

Singapore’s Investment Giant Temasek Pauses Crypto Efforts, Cites Regulatory Uncertainty

Rohit Sipahimalani – Chief Executive Officer of the Singaporean state-owned conglomerate Temasek – said the entity is currently not interested in cryptocurrency investments due to the lack of regulatory clarity.  The company had…

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