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Brazil’s tax dept to summon info from foreign crypto exchanges: Report

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The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax.

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Coin Market

Crypto investigators flag suspected $106M theft, $786K Solana bot drain

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A European entity may have lost $106 million from exchange accounts, while a wallet associated with a Solana arbitrage bot may have lost another $786,000.

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Coin Market

Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally

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Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the US-Iran war.

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Coin Market

Coinbase hit with 50% price target cut as post-earnings rout deepens

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Slowing trading activity and fallout from the Binance hack are clouding Coinbase’s revenue prospects, prompting Morgan Stanley to lower its rating on the stock.

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