South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues – Taxes Bitcoin News

Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area that is “likely to yield much of the extra tax” for the revenue collector. Crypto Investors Unaware […]

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Arnold Schwarzenegger Follows Warren Buffett's Crypto Investment Strategy, Keeps Away From Bitcoin – Featured Bitcoin News

Former Governor of California Arnold Schwarzenegger has confirmed that he does not invest in bitcoin or any other cryptocurrencies. He says that he is “like Warren Buffett” in that he does not invest in things he does not understand. The CEO of Berkshire Hathaway thinks bitcoin is “rat poison squared.” Arnold Schwarzenegger Not Investing in Bitcoin or any Other Cryptocurrencies […]

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Defi Project Rari Capital Hacked for $10M in Ether, Project's Pool Drained for 2,600 ETH – News Bitcoin News

Reports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team removed funds from the recent Alpha Finance Lab integration. At first, the project’s team revealed they were assessing the hack, but later estimates assume the project lost $10 million to […]

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How Hackers Looted 2600 ETH In Rari's Cross-Chain Exploit

Ethereum (ETH) based yield aggregator Rari Capital was attacked this weekend by a group of bad actors. As a result, 2,600 in this cryptocurrency were stolen from the Rari Capital Ethereum Pool, as a post-mortem report released by core contributors confirmed. The attack took place at around 1:48 PM UTC, May 8th, with a series of transactions that lasted for […]

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Edward Snowden Knocks Alex Gladstein's Crypto Critique- ‘Worst Part of Dragon-Level Wealth Is People Devolve Into Dragons Themselves’ – Privacy Bitcoin News

On Saturday evening, the privacy advocate and well known whistleblower, Edward Snowden, spoke out against some criticism stemming from the Human Rights Foundation’s Alex Gladstein. Snowden attacked the tribalism taking place in the crypto space and said that some people “lose sight of the world beyond their cave.” Alex Gladstein Calls Snowden’s Interview Clip a ‘Disaster’ Just recently, the Human […]

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Citi Sees ‘Very Rapid’ Accumulation of Interest in Bitcoin — Contemplates Launching Crypto Services – News Bitcoin News

Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering bitcoin-related services to their clients, including Goldman Sachs and Morgan Stanley. Citigroup is reported considering launching cryptocurrency services after seeing […]

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