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Crypto Investors Can Purchase Bankruptcy ‘Put Options’ To Protect Funds On Binance, Coinbase, Kraken
Investment firm Cherokee Acquisition is offering the options, which will allow account holders to recover 100% of their assets in the event the major exchanges file for bankruptcy and lock customer assets. Crypto Investors Can Purchase Bankruptcy 'Put Options' To Protect Funds On Binance, Coinbase, Kraken Bankruptcy-focused investment firm…
Bitcoin Developers Must Face UK Trial Over Lost Cryptoassets
A group of Bitcoin developers must face a London trial that’ll decide whether they’re responsible for recovering lost or hacked cryptoassets, a judge ruled. Bitcoin Developers Must Face UK Trial Over Lost Cryptoassets * A UK Court Says The Duties Of Developers Needs To Be Assesed * Ruling Is A…
Google Issues Warning For 2 Billion Chrome Users
Chrome remains under (unprecedented) attack from all sides this year, and now Google has confirmed a new problem that Chrome’s two billion+ users need to know about. Google Issues Warning For 2 Billion Chrome Users Google revealed the news via its Chromium Bug tracker, the codebase for Chrome, confirming that…
How A Lawsuit Against The IRS Is Trying To Expand Privacy For Crypto Users
The Internal Revenue Service’s latest response in its ongoing privacy lawsuit with James Harper is in, and it seems the U.S. government tax agency is determined to miss the point, according to the defendant’s attorney. How A Lawsuit Against The IRS Is Trying To Expand Privacy For Crypto Users The…
IRS Uses Cellphone Location Data To Find Suspects
The new program shows how anonymized information sold by marketers is increasingly being used by law enforcement to identify suspects. IRS Uses Cellphone Location Data To Find Suspects The Internal Revenue Service attempted to identify and track potential criminal suspects by purchasing access to a commercial database…
IRS Failed To Collect $2.4 Billion In Taxes From Millionaires
The Internal Revenue Service has failed to collect more than $2.4 billion dollars from wealthy individuals who owe the federal government back taxes, according to a Treasury Department watchdog report. IRS Failed To Collect $2.4 Billion In Taxes From Millionaires Auditors were only able to recoup about 39% of the…
Treasury Calls For Crypto Transfers Over $10,000 To Be Reported To IRS
The U.S. Treasury said the Biden administration’s proposal to strengthen tax compliance includes a requirement for transfers of at least $10,000 of cryptocurrency to be reported to the Internal Revenue Service. Treasury Calls For Crypto Transfers Over $10,000 To Be Reported To IRS President Biden’s vision for an empowered, expanded…
Six Million Tax Returns Are ‘In Suspension’ At The IRS, And That’s Preventing Many Families From Receiving A Valuable Tax Credit
The IRS backlog of 2019 tax returns keeps shrinking — but now for the bad news. Six Million Tax Returns Are ‘In Suspension’ At The IRS, And That’s Preventing Many Families From Receiving A Valuable Tax Credit Days after the latest tax season ended, the Internal Revenue Service still has…
Can The IRS Be Trusted With Your Data?
A scathing report calls into question the agency’s ability to protect the sensitive information it collects. Can The IRS Be Trusted With Your Data? Like many Americans, I tend to feel generous this time of year — not only because it’s the season for giving, but also for the tax…
US Ransomware Attack Suspect Hails From A Small Ukrainian Town
Dubrovytsia is a small town near Ukraine’s northern border with Belarus that boasts a Nobel laureate, physicist Georges Charpak, and a high school that attracts tech-savvy teenagers interested in math and computer science. US Ransomware Attack Suspect Hails From A Small Ukrainian Town Dubrovytsia is also the hometown of Yaroslav…
Alibaba Admits It Was Slow To Report Software Bug After Beijing Rebuke
Alibaba Group Holding Ltd. conceded it was slow to report a major vulnerability in widely used software because it was unaware of its severity, a day after China’s tech industry overseer suspended cooperation on cybersecurity with the online retail giant. Alibaba Admits It Was Slow To Report Software Bug After…
Japan Defense Ministry Finds Security Threat In Hack
A cyberattack on Mitsubishi Electric Corp. in January last year included data files that may impact Japan’s national security, the defense ministry says. Japan Defense Ministry Finds Security Threat In Hack CyberSecurity Newsflash! In a statement dated Friday, the ministry said its probe of the incident found 59 of the…