Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts.

Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts.
Mark Zuckerberg's company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022.
One Reddit user collected quotes from NFT haters on the internet and famous skeptics like Warren Buffet, Peter Schiff and Dan Olson.
As self-custody puts a lot of responsibility on a user, many may find it way too uncomfortable or too hard to handle.
Warren's letter urges OCC to collaborate with Fed and FDIC to develop an alternative cryptocurrency approach “that adequately protects consumers and the safety and soundness of the banking system.”
Nansen has registered over 130 million addresses and has grown 30% despite the crypto downturn in 2022.
According to a cybersecurity auditing firm, GameFi projects are putting "profits above security" and pose a great risk to the projects and its users.
Disappointing financial results have seen Tinder lay off its current CEO, slash funding to metaverse development, and ditch plans for its virtual currency Tinder Coins.
The $190 million Nomad Bridge exploit is just the latest out of 13 separate bridge attacks in 2022 so far.
The unnamed recipient of the loan said the e-CNY transaction was fast and efficient; they received an equivalent of 500,000 CNY, which was $74,020 at the time of publication.
The developer who found the vulnerability requested developers to sign their revisions with the GPG key to ensure all their revisions on the project can be verified.
Ahren Posthumus said that it’s indeed a good time to buy but cautioned investors to double-check projects before putting their money into them.
The altcoins that were stolen in the Nomad bridge hack suffered as much as 94% decline in price after the exploit.
Solana users have been urged to move their funds to cold storage and be alert to possible scams after a major exploit of thousands of wallets sees more than $8 million stolen.
Self-organized teams that support crypto scams on Discord or Telegram are not illegal in the crypto market except in regulated exchanges.
Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets.
The Ethereum network continues to see the largest number of monthly-active contributors at around 2,000 as of July.
A shortage of mental health services in the future could be solved with a Web3-powered mental health support network, suggests academics.
The crypto contagion only hurt entities that poorly managed their treasuries, but didn't affect the underlying blockchain technology, he said.