cryptocurrency - CybAI news

29 Jun

US Treasury finalizes crypto rules to prevent tax evasion

stp2y0 CommentsNewscryptocurrency, gear, IRS, news

While people who own and sell cryptocurrency have always had to pay taxes on their earnings, a new rule finalized by the US Treasury Department can ensure that they're paying the proper amount on their sales. The new rule will require cryptocurrency platforms like exchanges and payment processors to report their users' transactions to the Internal Revenue Service. According to The Wall Street Journal, authorities are hoping that the measure can deter tax evasion, seeing as the IRS would know exactly how much a taxpayer owes.At the same time, the rule will make it much easier for people for declare…

28 Jun

Inside a Violent Gang’s Ruthless Crypto-Stealing Home Invasion Spree

stp2y0 CommentsRAG modelsbitcoin, blockchain, crime, cryptocurrency, privacy

She refused to give up her password, and was, according to the prosecutors' description, so demoralized by the earlier hacking theft of the majority of her funds that she told the men to simply shoot her. Instead, they stole her engagement ring, two iPhones, a laptop, the charger for the neurostimulator used by the other member of the household as a treatment for Parkinson's disease, and whatever cash they could find, then left.For their next victim, the prosecutors describe how the group targeted a man who Seemungal knew to be a fellow SIM swapping hacker and who he believed had…

22 Jun

Someone apparently hacked 50 Cent’s accounts to peddle a memecoin and made off with millions

stp2y0 CommentsNewscelebrities, crypto, cryptocurrency, gear, news, Scams

50 Cent and his millions of social media followers were reportedly the targets of a pump-and-dump crypto scam on Friday that resulted in hackers pocketing a good chunk of change before it was all shut down. The exact amount they made is unclear; the rapper initially wrote on Instagram that “whoever did this made $300,000,000 in 30 minutes” (per Cointelegraph), but the post has since been edited to say $3,000,000 as of this afternoon. I will not make a Get Rich or Die Tryin’ pun, I will not make a Get Rich or Die Tryin’ pun...The scammers used 50 Cent’s…

13 Jun

Introducing jekyll-crypto-donations: Easily Add Crypto Donation Blocks to Your Jekyll Site

stp2y0 CommentsNewscoding, community, cryptocurrency, development, engineering, inclusive, jekyll, ruby, software, staticwebapps

Hello Dev Community! I'm excited to share the release of my new Jekyll plugin, jekyll-crypto-donations. This gem allows you to seamlessly integrate cryptocurrency donation blocks into your Jekyll-generated websites. Whether you're a blogger, content creator, or developer, this plugin can help you receive support from your audience through crypto donations. Why jekyll-crypto-donations? Cryptocurrency donations offer a decentralized and borderless way to receive support from your audience. With the rise of digital currencies, it's essential to have a simple solution for integrating donation options into your site. That's where jekyll-crypto-donations comes in. This plugin provides a straightforward way to display donation…

28 May

How Researchers Cracked an 11-Year-Old Password to a $3 Million Crypto Wallet

stp2y0 CommentsRAG modelsbitcoin, cryptocurrency, cybersecurity, encryption, privacy

Grand and Bruno created a video to explain the technical details more thoroughly.RoboForm, made by US-based Siber Systems, was one of the first password managers on the market, and currently has more than 6 million users worldwide, according to a company report. In 2015, Siber seemed to fix the RoboForm password manager. In a cursory glance, Grand and Bruno couldn’t find any sign that the pseudo-random number generator in the 2015 version used the computer’s time, which makes them think they removed it to fix the flaw, though Grand says they would need to examine it more thoroughly to be…

26 May

Craig Wright Lied About Creating Bitcoin and Faked Evidence, Judge Rules

stp2y0 CommentsRAG modelsbitcoin, cryptocurrency, tech policy and law

“We’ve seen a cascading effect from the pronouncement on a host of other litigations globally,” says Grewal. “For people outside of crypto, [all this] might sound cartoonish. But with Wright’s claims falling by the wayside, the community can exhale. We think it’s a real win.”The ruling has also had implications for Bitcoin Satoshi Vision, or BSV, a separate cryptocurrency network created by Wright in 2018. The idea for BSV is to cleave “as closely as possible to Satoshi’s original design,” as the website describes it. In the days after the judge ruled that Wright is not Satoshi, the price of…