Safe Wallet Scam: Over $2 Million Stolen from Users in Address Poisoning Attacks

CoinChapter.com reported that the Safe Wallet scam has resulted in the theft of over $2 million from users, bringing the total number of victims to 21. The scam involves a method called “address poisoning,” where attackers deceive users into sending funds to fraudulent addresses. The attacker generates a contaminated address that resembles the victim’s own […]

Swiss Banks Collaborate with SDX and SNB to Issue First Digital Bonds in CHF

Swiss banks have made history by issuing the first digital bonds using real Swiss francs (CHF) on a regulated distributed ledger technology (DLT) platform. This achievement was made possible through a collaboration between Switzerland’s SDX and SNB. The successful CHF digital bond transactions with wCBDC mark a significant milestone in the world of finance. This […]

Swiss Banks Collaborate with SDX and SNB to Issue First Digital Bonds in CHF

Swiss banks have made history by issuing the first digital bonds using real Swiss francs (CHF) on a regulated distributed ledger technology (DLT) platform. This achievement was made possible through a collaboration between Switzerland’s SDX and SNB. The successful CHF digital bond transactions with wCBDC mark a significant milestone in the world of finance. This […]

FTX Challenges IRS’s $24 Billion Tax Claim in Bankruptcy Case

FTX, a cryptocurrency exchange, is challenging the Internal Revenue Service’s (IRS) estimated tax claims of $24 billion, arguing that they are exaggerated and unsupported by evidence. The IRS claims are seen as a potential obstacle to the approval of FTX’s Chapter 11 plan. FTX asserts that the claims are disproportionate to its earnings and potential […]

FTX Challenges IRS’s $24 Billion Tax Claim in Bankruptcy Case

FTX, a cryptocurrency exchange, is challenging the Internal Revenue Service’s (IRS) estimated tax claims of $24 billion, arguing that they are exaggerated and unsupported by evidence. The IRS claims are seen as a potential obstacle to the approval of FTX’s Chapter 11 plan. FTX asserts that the claims are disproportionate to its earnings and potential […]

South Korean Regulators Collaborate to Crack Down on Unlicensed Cryptocurrency Exchanges

Financial regulators in South Korea have issued an update urging users to report any unlicensed cryptocurrency exchanges operating in the country. The Digital Asset Exchange Association (DAXA) and the Financial Intelligence Unit (FIU) are working together on this initiative. DAXA consists of five major virtual asset exchanges in South Korea, including Upbit, Bithumb, Coinone, Korbit, […]

South Korean Regulators Collaborate to Crack Down on Unlicensed Cryptocurrency Exchanges

Financial regulators in South Korea have issued an update urging users to report any unlicensed cryptocurrency exchanges operating in the country. The Digital Asset Exchange Association (DAXA) and the Financial Intelligence Unit (FIU) are working together on this initiative. DAXA consists of five major virtual asset exchanges in South Korea, including Upbit, Bithumb, Coinone, Korbit, […]

Property Transfer Slows Down as Baby Boomers Hold on to Large Homes and Apartments

Switzerland, one of the wealthiest countries in the world, has a relatively low homeownership rate compared to the European Union and the United States. Only about 36% of the population owns their own home, with the majority being renters. However, this statistic varies significantly across age groups. Among individuals aged 25 to 64, only slightly […]

Property Transfer Slows Down as Baby Boomers Hold on to Large Homes and Apartments

Switzerland, one of the wealthiest countries in the world, has a relatively low homeownership rate compared to the European Union and the United States. Only about 36% of the population owns their own home, with the majority being renters. However, this statistic varies significantly across age groups. Among individuals aged 25 to 64, only slightly […]

Crypto Hacker Steals $2 Million from Safe Wallet Users in Address Poisoning Attacks

A crypto hacker has been targeting Safe Wallet users with “address poisoning attacks,” resulting in over $2 million being stolen from around 21 victims in the past week. The attacker creates a similar-looking address to the victim’s regular transaction destination and sends a small amount of crypto to “poison” their transaction history. This tricks the […]