The U.S. Department of Justice, business groups, and DeFi companies are supporting a legal challenge to Illinois' 0.2% digital asset tax. This tax applies to all transactions, even those that do not generate profit.
The U.S. Department of Justice, together with the two major stablecoin issuers, froze or secured approximately $2.7 billion in funds, which is nearly half of the more than $6 billion in assets stolen from Binance.
The FBI's cyber division issued a warning that North Korean hackers used FaceStealer social engineering techniques to steal encrypted assets and attack the software supply chain by impersonating video conferencing platforms. (Source: Bloomberg)
The U.S. Department of Justice has uncovered a $1.2 billion cryptocurrency theft case linked to North Korea.
The U.S. Department of Justice also dismantled a deepfake scam linked to the $6 billion Binance hack. (BWEnews)
Prediction market platform Kalshi is in talks with investors for a new funding round, valuing the company at $65 billion. This comes weeks after Kalshi completed a new funding round at a valuation of $40 billion. (Source: Bloomberg)
The U.S. Department of Justice and business groups support a challenge to Illinois' digital asset tax.
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The U.S. Department of Justice, business groups, and DeFi companies are supporting a legal challenge to Illinois' 0.2% digital asset tax. This tax applies to all transactions, even those that do not generate profit.
