Crypto News

Leveraging Data and AI: HMRC’s New Tactics Against Crypto Tax Fraud

Discover how HMRC is using data, AI, and global partnerships to enhance crypto tax investigations and compliance strategies, as discussed by Richard Las in Chainalysis' Public Key podcast. (Read More)Source link

Coinbase Reveals Role in US Secret Service Seizure of $225 Million in Stolen Crypto

Coinbase has revealed its involvement in a law enforcement operation where the U.S. Secret Service (USSS) seized $225 million in USDT linked to “pig butchering” scams. These scams, which often begin with fraudulent romantic or business relationships, have resulted in substantial financial losses for victims. In late 2023, Tether froze 39 wallet addresses associated withSource link

Deep Sea Mining Firm Goes Deep on Bitcoin With $1.2B BTC Treasury Plan

Green Minerals (GEM), a Norwegian deep-sea mining firm, said Wednesday it bought four bitcoin BTC in its first purchase following Monday's announcement of a $1.2 billion treasury strategy as it joins the ranks of companies including the largest cryptocurrency in its broader financial strategy.The company said it paid about 4.25 million Norwegian kroner ($420,000) for the bitcoin, or about $105,000 per token.The Oslo-listed firm, which trades on Euronext Growth, framed the move as part of a transition into a more tech-integrated model. Executive Chairman Ståle Rodahl called bitcoin a hedge against inflation and fiat debasement, citing its “decentralized, non-inflationary properties” as key advantages over traditional reserves, in Monday's statement.The treasury plan adds Green Minerals to a rapidly expanding list of...

Anthropic Scores Partial Victory in Copyright Case Over AI Training Data

The AI firm downloaded over seven million pirated books to assemble its research library, internal emails revealed.Source link

Ledger Deal with NBA Team is Latest Sign of Crypto Sports Partnership Revival

The San Antonio Spurs, a basketball team, debuted their Ledger-branded jerseys at the NBA draft on Tuesday.Source link