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The Latest Breaking News on Crypto

Union Budget 2023: India should consider reducing TDS rate on cryptocurrency trade, says report

NEW DELHI: India should consider lowering the 1 per cent TDS on crytocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a report said on Tuesday.

The Times of India

Scottish insolvencies rise, but credit pressure yet to reach pre-pandemic levels

Liquidations and receiverships were up by 13.3% year-on-year

Insider UK

Cannes Lions owner Ascential to split its portfolio

Ascential has revealed plans to break up its business, in a move that will see its event arm behind the Cannes Lions advertising festival remain London-listed but other divisions being sold or moving.

Evening Standard

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Gambling firm fined £6m over social responsibility and money laundering failings

In Touch Games operates 11 websites including bonusboss.co.uk, cashmo.co.uk, drslot.co.uk, jammymonkey.com and slotfactory.com.

The Independent UK

Crypto millionaire, 20, who claims he makes '£6,000 in his sleep' returns from meeting to find 'c***' graffiti on new supercar

Waseem was in Manchester for a business meeting when his pride and joy was vandalised

Manchester Evening News

Fake text messages on the rise, but experts warn Australians most losses are from more sophisticated scams

Fake cryptocurrency or forex broker websites the most common scam in what has ballooned into a billion-dollar industry

The Guardian - AU

Warning issued for Bitcoin-related stocks

Investing in Bitcoin-related stocks remains very risky, analysts warned on Tuesday amid a rally in prices as inflation has begun to slow amid market expectations that interest rate hikes will not be extreme.

Bangkok Post

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Venezuela's National Assembly approves first reading of bill to regulate NGOs

Venezuela's National Assembly on Tuesday passed a first reading of a bill to regulate and inspect non-governmental organizations (NGOs) in the South American country, which has caused uproar among activists.

Reuters

If We Can't Abolish the No-Fly List, Can We at Least Keep It Safe?

Reviewing and improving the federal government’s data security and digital defenses should be a priority.

Reason

Small entities can tackle big challenges

It takes a village to raise a child. But the enormity and frequency of current socio-economic woes require not just villages, but entire towns, cities and countries to raise the lot of humankind.

Bangkok Post

Young millionaire's £100,000 Audi vandalised with VERY rude graffiti - but he's not fussed

A businessman was initially 'gutted' when he parked his car in Leeds overnight and returned to find it covered in vile graffiti and says he wants the vandal to come forward - but it's 'not much of a loss' for the young moneybags

Daily Mirror

Daily pokies losses in NSW hit $23.7m

New data shows daily losses on NSW pokies increased to $23.7 million in the September quarter, up 11 per cent on previous figures.

AAP

Self-made crypto-millionaire's car is vandalised with swear words after it was left in car park

Words like 'c***' and 'die' were spray-painted on his yellow Audi R8

Wales Online

US Sanctions Lebanon Money Exchanger for Alleged Ties to Hezbollah

The US Treasury said on Tuesday it was placing sanctions on Lebanese money exchanger Hassan Moukalled and his business for alleged financial ties to blacklisted group Hezbollah. Its announcement said Moukalled was a financial adviser to Iranian-backed Hezbollah, which is also designated by the United States, and carried out financial…

Asharq Al-Awsat

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Reuters

U.S. sanctions Lebanon money exchanger for alleged ties to Hezbollah

The U.S. Treasury said on Tuesday it was placing sanctions on Lebanese money exchanger Hassan Moukalled and his business for alleged financial ties to blacklisted group Hezbollah.

Daily Mirror

Hilarious photoshop fails of benefit fraudsters trying to 'prove' they live in the UK

The doctored images include photos of men and women pasted into various scenes and outside homes in a bid to scam the government out of benefit cash

The Guardian - AU

Australian crypto exchange Digital Surge saved after $1.25m loan from creditors

The Brisbane-based firm lost $33m in the collapse of the global platform FTX but now aims to pay back customers over five years

The Independent UK

The photoshop fails sent to DWP as benefit fraudsters try to show they live in the UK

The photoshop fails as benefit fraudsters trying to prove they live in the UK

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The Guardian - UK

Mother was scammed out of £29,000, but Lloyds showed little empathy

The bank didn’t take account that English is not her first language and initially refused to investigate

The Independent UK

Crypto firms acted like banks, then collapsed like dominoes

Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets

Tribune News Service

FBI says North Korea-backed groups hacked $100 million in crypto

Two hacking groups linked to North Korea were responsible for the theft of $100 million in an attack on a crypto service last year, the Federal Bureau of Investigation said on Monday.

Al Jazeera

North Korea behind $100m crypto theft, FBI says

California-based Harmony said in June it had been the target of a cyberattack that stole $100m worth of digital assets.

AAP

Foster claims hackers breach emails

Peter Foster's legal fight over an alleged multimillion-dollar Bitcoin scam faces more delays amid claims hackers have breached privileged legal emails.

Bangkok Post

Primaya, Forex-3D link claim

Activist lawyer Achariya Ruangrattanapong on Monday lodged a complaint with the Central Investigation Bureau (CIB) to probe whether there are any links between the Primaya Ponzi scheme and the Forex-3D scam.

Daily Record

DWP shares photoshop fails sent by benefit fraudsters claiming to live in UK

One picture shows a man crudely photoshopped outside a front door after being asked to send proof he lived in the UK.

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