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🦎🚀Alien Punk goes back to the moon👽
🦎🚀Alien Punk goes back to the moon👽
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | Happy Monday, Geckos! The US Treasury clarified in a letter that it does not intend to classify miners and stakers as brokers for tax reporting.
The letter was sent to six senators who were involved in the infrastructure bill's crypto amendment.
However, the proposal will likely require several rounds of amendment before being formalized as a tax reporting policy.
In today's news, "Tree of Alpha" exposes Coinbase trading vulnerability, CryptoPunk #5822 sells for 8,000 ETH, and V Global executives sentenced to jail for $1.7B fraud.
Read on! |
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📖 Also, read our How To CoinGecko article to learn how to become a CoinGecko power user! | | | The countdown to the return of GeckoCon – The Decentralized Future has begun. Mark your calendars for 14-15 July 2022. Web3 will put the power of the Internet is in your hands.
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For more info visit: https://gcko.io/p3ualca | | White Hat Denukes Coinbase
Last Friday, anonymous white-hat hacker "Tree of Alpha" warned Coinbase of a trading systems vulnerability.
Within two hours of the notice, Coinbase disabled its Advanced Trading platform to resolve the "market-nuking" exploit.
Coinbase CEO Brian Armstrong has publicly expressed his gratitude to Tree of Alpha.
CoinDesk | | CryptoPunk Smashes Records
CryptoPunk #5822 was sold for 8,000 ETH, approximately $23.7 million at the time of sale.
The buyer of the NFT was Deepak Thapliyal, CEO of cloud blockchain infrastructure firm Chain.
The acquisition has doubled the previous top CryptoPunk sale of $11.8 million from last June.
Decrypt | | South Korean Imprisons Crypto Fraudsters
Seven executives of crypto exchange V Global were sentenced to jail for a $1.7 billion fraud.
Former V Global CEO Lee Byung-gul was sentenced to 22 years in jail with a 106.4 billion won ($89 million) fine.
Another six executives were sentenced to jail terms ranging from four to fourteen years.
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