Bill Hughes, chief legal officer of Consensys, said that the IRS has removed a final broker reporting rule for us, and it has not finalized the rules regarding non-hosted wallets and related non-custodial software products. They stated that the products are still under review and may be brokers, and they will determine their status later. The scope of "digital assets" under this final rule is too broad to be objectionable. Every NFT disposition is a reportable event. This is true for every stablecoin disposition. You can't convert USDC to dollars on an exchange without filing a form with the IRS stating that your gain or loss is a fraction of a cent.

No, 50 Cent Isn't Launching a Celebrity Meme Coin Rapper 50 Cent's Twitter account was hacked for a pump-and-dump scam involving a Solana token called GUNIT. The hacker made promotional posts referencing 50 Cent's brand and other celebrity-related crypto narratives. The token's trading volume skyrocketed and then plummeted, resulting in a loss of millions of dollars. 50 Cent confirmed the hack on his Instagram account, and the Twitter account was locked. #MEME

Recently, scientists at the Pacific Northwest National Laboratory in the United States analyzed the growth rate of tropical cyclones (typhoons/hurricanes) around the world from 1979 to 2020. It was found that between 1979 and 2000, the average growth rate for 6 hours was about 0.37 knots (1.9 km/h for 1 time) and about 1.5 knots for a day. Between 2000 and 2020, the average growth rate in six hours reached 1.15 knots, and the growth rate in one day was as high as about 4.5 knots. As the global climate continues to warm, growth is likely to be even higher in the future. As hurricanes or typhoons become stronger and more frequent, this will bring long and more frequent precipitation to coastal areas or islands, causing flooding. Eventually, it would pose a threat to 40 per cent of the population living within 100 kilometres of the coastline.

Golden Ten Data on May 2, on May 1, Malaysian Prime Minister Anwar Ibrahim said that in order to cope with the pump cost of living and the weak coin, starting from December this year, the salary of Malaysian civil servants will pump by more than 13%. According to reports, Anwar said in Kuala Lumpur on the 1st that he would allocate more than 10 billion ringgit (about 15.229 billion yuan coin the people) for the pump of the salaries of government workers at all levels, which will be the largest pump of salaries for civil servants in the country's history. Anwar added that the minimum monthly income for civil servants will also increase from the current RM1,795 ($2,733.62) to more than RM2,000 ($3,045.82).

On May 1, local time, the media office of the Palestinian Islamic Resistance Movement (Hamas) issued a statement saying that workers in the Gaza Strip are experiencing an shorter humanitarian crisis. The unemployment rate in Gaza has risen to 75 per cent, compared to 46 per cent before the current round of the Israeli-Palestinian conflict. More than 200,000 Gazans lost their jobs in the first three months after the current round of the Israeli-Palestinian conflict, the statement said. According to the statement, the poverty rate in Gaza has risen to more than 90 percent, and 95 percent of Gaza's current economic organizations have ceased operations. So far, the current round of conflict has caused $33 billion in direct losses to Gaza.

coin Despite the general fall in the Crypto Assets market, Wormhole's local Token (W) still pump more than 8% in the past 24 hours to $0.6346, putting the project's market capitalization at $1.14 billion, ranking 73rd. This rise was accompanied by a 72 per cent increase in volume to $164 million. Despite progress, Wormhole remains below 60% of its April 3, 2024 high. At press time, Wormhole's stock price is trading at $0.6361.

Golden Ten Data reported on April 29 that since the implementation of the Measures for the Operation and Administration of Publicly Offered Securities Investment Funds, the "Double Ten" restriction has been an important criterion for regulating fund Holdings in the public sale industry. The restriction requires that the market capitalization of securities issuance by a company held by a fund must not exceed 10% of the fund's net asset value; All funds managed by the same fund manager may not hold more than 10 per cent of the securities issuance by a company. However, a reporter from the China Securities Journal recently found that at the end of the first quarter of this year, the number of funds that touched the first red line of the "Double Ten" restriction increased significantly, and the proportion of more than 100 active equity funds in the whole market holding a single stock exceeded 10% of the fund's net asset value. There is also a limit on the proportion of longest heavy position stocks under the fund exceeding 10%.

coin Lazarus Group, a North Korean Hacker group, recently launched an attack on the Bitcoin market in long wick candle, using LinkedIn penetration tactics to contact human resources personnel and hiring managers of Blockchain organizations. The action has raised concerns about the North Korean government's attempts to fund its weapons of mass destruction program through illegal means. According to a UN panel of experts, 40 per cent of the country's weapons of mass destruction (WMD) programs are funded by "illicit cyber means," and the Lazarus Group is a key player in these operations. Security authorities in the United States and its allies are concerned that North Korea's state-sponsored malware programs could seriously jeopardize national security. The international community has responded to North Korea's illegal actions, including sanctions against Crypto Assets mixer Sinbad.

PANews news on April 19, the Layer 1 Blockchain network Injective said on the X platform: "The INJ 3.0 governance proposal has been launched. If the proposal passes, INJ tokenomics will see the biggest upgrades, making it one of the most Deflation assets to date. INJ stake and validators have 4 days to vote for IIP-392. ” According to the proposal: 1. The drop Inflation rate cut-off is currently set at 5 per cent, with a proposed quarterly reduction of 25 per cent over two years, and the upper limit is currently set at 10 per cent, with a proposed reduction of 30 per cent over two years. 2. Increase the inflation rate change parameter from 0.1 to 0.5 to improve its responsiveness to staking activity.

XRP Bull Market roar: Analysts expect an explosive upward pump on the horizon of the "God Candle". XRP investors are eyeing a potential price spike, with one analyst predicting a positive outlook for the Crypto Assets. Dark Defender, a well-known figure in the XRP community, compared the current market movement to the historic Rebound of 2017. According to Dark Defender, this similarity suggests that XRP has a significant rising trajectory and could eventually form what he calls a "God Candle." Dark Defender's analytical center is to observe that the current market dynamics echo the Crypto Assets boom of 2017, characterized by large changes in the valuation of digital assets. During this period, XRP experienced a significant upward pump, rising from less than 1 cent to more than $3 and reaching an all-time high in January 2018. Proceeding from this historical background, Dark Defender believes that XRP's current sideways move may signal an impending surge and highlights consistent Fibonacci points as evidence of potential price targets. Although recent market activity has caused the value of XRP to fall by about 22% over the past week, with the price falling from $0.60 last Thursday to $0.44 over the weekend, there are also signs of a rebound within the alt. In the early hours of this morning, XRP saw a slight upside pump, pump up slightly by about 1.2% and touched a 24-hour high of $0.50. However, at the time of writing, the alt has retreated 0.4% and is currently trading at $0.49. In this Fluctuation, XRP Whale showed a fall mood. In particular, the Whale Transaction Tracker recently shared significant transactions on the social media platform X, highlighting the flow of a large number of Tokens. One notable transaction involved the transfer of $77 million worth of 158 million Token from a private Wallet to a Crypto Assets exchange. This massive shift has caused concern among investors, who expect the falling trend to turn into a bullish trend. In addition, another transaction involved the transfer of 28.9 million XRP (equivalent to $14.2 million) to an exchanges. Despite the widespread falling sentiment, Crypto Assets analyst Javon Marks, who is similar to Darkdefender, also revealed his optimistic outlook for the alt. Previously recognized for his bullish stance on altcoins, Max recently adjusted his forecasts and expects the price of XRP to soar 400x. He predicted that the alt would soar to about $288. (Source: Samuel Edyme)

PANews News on February 18, according to DL News, Chainalysis said in its annual report that the Bitcoin mixer YoMix has become the first choice for the notorious North Korean Lazarus Hacker group to Money Laundering stolen Crypto Assets. Last year's Crypto Assets Money Laundering activity fell to $22.2 billion from $31.5 billion in 2022 due to sanctions or closures on hybrid services Tornado Cash and Sinbad. Part of the decline may be attributed to the overall decline in Crypto Assets trading volume during the 2023 market downturn. However, Money Laundering fell even more, reaching 29.5 per cent, while total transaction volume fell by 14.9 per cent. Despite this, YoMix has achieved tremendous growth in 2023, with inflows increasing more than fivefold throughout the year. "About one-third of YoMix inflows come from wallets linked to crypto hacks," Chainalysis said. The development of YoMix and Lazarus Group's favour of it is a good example of the ability of seasoned players to adapt and find alternative mixing services when previously popular mixing services are shut down. North Korea-linked hackers also used different camouflage techniques to transfer Crypto Assets between different Blockchain networks by using Cross-Chain Interaction bridges.

🚀#GateioCryptoChallenge ______ is a type of attack against Crypto Assets when a Miner or group of Miner succeeds in controlling most of Blockchain Hash Rate. (A) 51% Attack (b) 99% attacks (c) 50% attacks (d) 49 per cent attacks Feel free to leave your answers in the comment area!

The Celsius Rekt administrator informed creditors that Celsius creditors who withdrew more than $100,000 from Celsius in the three months prior to Rekt would have to return some of their funds or face a lawsuit. Account holders who withdraw more than $100,000 in the 90 days prior to July 13, 2022, the date Celsius declared Rekt, will be subject to recovery, according to a notice issued Tuesday. Letters will soon be sent to the accounts in question, instructing them to pay 27.5 per cent of withdrawals during the affected period, the filing said. If they comply, they will be eligible for future distributions under the restructuring plan.

According to a Forbes survey, El Salvador's satisfaction with democracy reached an all-time high of 64 percent, down rise from 11 percent in 2018 (the year before Bukele's election), according to Golden Finance.

As the recovery outlook for FTX creditors continues to improve, larger FTX claims are being sold for up to 60 cents to 65 cents per dollar. In late October, some over-the-counter (OTC) FTX creditor claims were traded at prices above $0.50 per dollar. Thomas Braziel, an expert in FTX debt claims, said he thinks the outlook is likely to continue to improve. "The claim amount should be close to the expected range of recovery, probably above 80 to 90 percent," he said. ” However, Baziel, a partner at 117 Partners, confirmed that some claims are currently quoted as high as 0.60 to 0.65 per dollar, but for some, it will be difficult to get this price range. He stressed that only clean, multimillion-dollar claims could be close to $0.65 per dollar, and that "multiple large distressed companies are now entering the 60-cent zone." ”（The Block）