PC Mag: “For the fourth year, federal tax forms ask you about Bitcoin and other cryptocurrency activities. The Yes or No question that’s been appearing at the top of Form 1040 has gotten even more specific for the 2022 tax year. It reads, “At any time during 2022, did you: (a) receive (as a reward,… Continue Reading
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Category Archives: Cryptocurrency
US says Google routinely destroyed evidence and lied about use of auto-delete
Ars Technica: “The US government asked a federal court to sanction Google for allegedly using an auto-delete function on chats to destroy evidence needed in an antitrust lawsuit while falsely telling the government that it suspended its auto-deletion practices. The US motion to sanction Google seeks a ruling that Google violated the rule against spoliation… Continue Reading
Pete Recommends – Weekly highlights on cyber security issues, February 26, 2023
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, February 26, 2023: Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly… Continue Reading
Blockchain – Innovation or Illusion?
Via Slashdot, EditorDavid: “Adam R. Smith, a software engineer with 40+ years of experience reportedly became frustrated with his friends and associates’ claims about the potential of crypto technology and their subsequent losses of money in various schemes, and set out to write a series of articles explaining what blockchain is and whether it lives… Continue Reading
FTX creditor list shows airlines, charities and tech firms caught in collapse
Coin Telegraph: “The over 100-page long document lists every entity FTX owes money to, from Big Tech players to local businesses near its Bahamian headquarters. A complete list of the creditors owed money by the bankrupt cryptocurrency exchange FTX has been released, revealing a myriad of companies and government entities wrapped up in its collapse.… Continue Reading
NY – Consumer Protection Guidance In the Event of Virtual Currency Insolvency
“Today New York Department of Financial Services (“DFS”) Superintendent Adrienne A. Harris released Regulatory Guidance to better protect customers in the event of an insolvency or similar proceeding. The Regulatory Guidance reiterates expectations for sound custody and disclosure practices and the paramount importance of the equitable and beneficial interest in the asset always remaining with… Continue Reading
Addressing the risks in crypto: laying out the options
BIS Bulletin | No 66 | 12 January 2023 by Matteo Aquilina, Jon Frost and Andreas Schrimpf PDF full text The recent high-profile failures of FTX and other crypto firms have re-ignited the debate on the appropriate policy response to address the risks in crypto, including through regulation. The “shadow financial” functions enabled by crypto markets share… Continue Reading
Regulators warn US banks on crypto risks including ‘fraud and scams’ after FTX collapse
CNBC: “U.S. banking regulators warned financial institutions on Tuesday that dealing with cryptocurrency exposes them to an array of risks, including scams and fraud. “The events of the past year have been marked by significant volatility and the exposure of vulnerabilities in the crypto-asset sector,” the regulators said in a joint statement from the Federal… Continue Reading
Inventing the Dark Web
Via LLRX – Inventing the Dark Web – This paper by Thais Sardá, Simone Natale, and John Downey examines how the deep Web, i.e., Web sites that are not indexed and thus are not accessible through Web search engines, was described and represented in British newspapers. Through an extensive content analysis conducted on 833 articles… Continue Reading
Gone But Not Forgotten (Yet): The Tech That Died in 2022
PC Mag: “This year saw the usual introduction of next-gen smartphones, laptops, operating systems, and smart home devices, with a few unique offerings thrown in there, too. But for all the innovative tech that made headlines or passed through our labs in 2022, there were just as many products and services that powered down for… Continue Reading
Inventing the dark Web: Criminalization of privacy and the apocalyptic turn in the imaginary of the Web
Inventing the dark Web: Criminalization of privacy and the apocalyptic turn in the imaginary of the Web by Thais Sardá, Simone Natale, and John Downey. First Monday, Volume 27, Number 11 – 7 November 2022. doi: https://dx.doi.org/10.5210/fm.v27i11.12691 “This paper examines how the deep Web, i.e., Web sites that are not indexed and thus are not… Continue Reading
What’s next for crypto in 2023
MIT Technology Review: “Last month’s sudden implosion of the popular cryptocurrency exchange FTX has intensified a political war for the soul of crypto that was already raging. In the coming year, we are likely to see that fight come to a head in US courtrooms and in Congress. The future of finance hangs in the… Continue Reading
