India’s leading central securities depository, Central Depository Services Limited, or CDSL, says its systems have been compromised by malware. On Friday, the securities depository said in a filing with India’s National Stock Exchange that it detected malware affecting “a few of its internal machines.” “As a matter of abundant caution, the company immediately isolated the … Read more
Regulators and lawmakers are concerned about money laundering and children becoming gambling addicts
Institutional investors still see a future for Bitcoin and cryptocurrencies despite the epic collapse of FTX and Alameda Research.
Nuro, the autonomous vehicle delivery startup backed by Softbank, Google and Tiger Global Management, is laying off about 300 people, or 20% of its workforce in an effort to preserve cash amid a stormy economic outlook, according to an email sent to employees this morning. Several Nuro employees posted on Twitter and LinkedIn this morning … Read more
Between marginal rates, excise tax and the potential for foreign tax credit mismatch, crypto grants could be taxed at an 80% or higher effective rate.
British computer scientist Joshua Browder discusses how institutional investors can file “Schedule E” claims in a bid to recover their funds from the beleaguered exchange.
What you need to know for your 2022 tax filing if you lost money or used the FTX crypto exchange.
Despite crypto-friendly laws in Wyoming, most DAOs are choosing to incorporate overseas.
This time last year, we were optimistic. It seemed like the tide was turning on ransomware after the U.S. government scored a handful of wins against the cybercriminals carrying out these increasingly damaging attacks: the Justice Department successfully seized $2.3 million in bitcoin that Colonial Pipeline paid to the DarkSide ransomware gang to reclaim its … Read more
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Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.
The AirPods Pro may let you boost your hearing, but that’s not enough to make it a hearing aid. | Photo by Chris Welch / The Verge The line between hearing aids and hearables has blurred ever since over-the-counter hearing aids hit shelves last month. Case in point: a new iScience study that claims a … Read more
BTC’s price targets now include $12,000, with Ether potentially falling to $800 for the pit of the bear market.
The new Echo Dot features an integrated temperature sensor and snappier performance than before. | Photo by Jennifer Pattison Tuohy / The Verge While we’re going to be knee-deep in Black Friday deals a week from now, there are plenty of sales to check out if you’re planning to do some spending this weekend. If … Read more
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Alex and Natasha discussed the latest and greatest of this consuming news cycle. Our goal with the episode, as always, is to go beyond what you may see in a 140 … Read more