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ZachXBT reported that scammers recently hacked into Twitter’s Legal Request portal using stolen Italian government emails . The crypto sleuth noted that scammers used unauthorized access to the Twitter Legal Request portal to ban accounts, look up information, and remove posts by forging fake subpoenas. 1/6 BREAKING: Scammers have stolen Italian Government emails in order to access the Twitter Legal Request portal to ban accounts, lookup info, and remove posts from forging fake subpoenas. pic.twitter.com/O8Mn7n8H4m — ZachXBT (@zachxbt) July 26, 2023 ZachXBT said he was a victim of the attempted take-downs. He shared an instance where he received an email from Twitter stating that Italian law enforcement had requested the removal of five of his tweets. It seems someone tried to maliciously do a takedown request for five of my tweets. Thankfully Twitter did not side with them. pic.twitter.com/kuVmhHMMLe — ZachXBT (@zachxbt) July 21, 2023 The tweets in question wer...

New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling. On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that last week’s ruling makes it clear that the U.S. Securities and Exchange Commission’s (SEC) theory that a token can be an investment contract and, therefore, a security, no longer has support in the law. He said of the ruling: “That is not only a huge win for Ripple, but it’s a win for all of crypto in the United States. The SEC can no longer tout their record in crypto, which was, up till now, by and large, settlements with players that didn’t have the resources to fight back.” While this may be, New York Representative Ritchie Torres told Cointelegraph that the Ripple...

The South Korean prosecutor's office reportedly admitted that the reports one of its team visited Serbia “aren’t false.” The hunt for the controversial founder of the now-collapsed Terra ecosystem, Do Kwon, has intensified with South Korean officials reportedly confirming they sent at least two people to Serbia to track him down. According to a Feb. 7 Bloomberg report, the prosecutor’s office in Seoul said the reports “aren’t false” regarding members of its team trekking out to the Balkan state to find Kwon. It appears at least two state official s went — one from the prosecutor's office and the other being a senior member of South Korea’s Justice Ministry. Do Kwon speaking at a conference about Terra before the ecosys. Source: Terra. South Korean-based publication Chosun Media confirmed on Dec. 11 that a state intelligence official informed them that Kwon had based himself in Serbia. There is currently no extradition treaty in effect between South Korea and Serbia. This like...

Filing crypto taxes can be complex, especially for those exploring the decentralized finance world. Here’s what to keep in mind. Filing Taxes for crypto currency can be a confusing and daunting task for many individuals. The United States Internal Revenue Service (IRS) treats crypto currency as property subject to capital gains taxes. Knowing this appears to make filing crypto Taxes simple, but crypto ’s unique nature means there are many unanswered questions. Accurately reporting gains and losses can be a nightmare. While everyone concerned about tax season knows that keeping accurate records of every crypto transaction is a must, there are other things to keep in mind. There is a difference between short-term and long-term capital gains taxes, with tax rates varying depending on multiple factors. These capital gains tax rates are available online and are beyond the scope of this article, which will focus on avoiding potential issues with the IRS while filing taxes on crypto. How to...

California DMV’s chief digital officer Ajay Gupta emphasized that the agency is looking to modernize its current systems and bring greater transparency to car title transfers. The California Department of Motor Vehicles (DMV) is testing out the digitization of car titles and title transfers via a private Tezos blockchain. The move is part of a collaboration between the California DMV, Tezos and blockchain software firm Oxhead Alpha, with the latter announcing t successful proof-of-concept on Jan. 25. The California DMV has tapped Oxhead Alpha to build on a private Tezos testnet that it has dubbed a “shadow ledger.” It is essentially designed to become a blockchain-based replication of the agency’s current database. The California DMV’s chief digital officer Ajay Gupta told Fortune on Jan. 26 that the agency is looking to have the shadow ledger ironed out within the next three months. Following on from that, it is looking to roll out applications such as digital wallets to hold and...