Posts published on May 17, 2023 go to media archive 3/4

Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say

The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions.

Ledger Faces Backlash for Controversial Backup Tool as Crypto Community Expresses Discontent

Hardware wallet maker Ledger is facing significant backlash for its recent introduction of a tool enabling users to back up their seed phrases through the transmission of encrypted key fragments to third-party firms. The crypto community has not…

Tax Authority Slated to Become Main Crypto Regulator in Russia

Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service…

Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key

Kaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfeit Trezor Model T from a “trusted seller…