Fake cryptocurrency giveaway sites have tripled this year

Napoleon Elizer

The number of websites promoting cryptocurrency giveaway scams to lure gullible victims has increased by more than 300% in the first half of this year, targeting mostly English and Spanish speakers using celebrity deepfakes. Security researchers at cybersecurity company Group-IB have identified more than 2,000 domains registered in 2022 specifically for this […]

Bitpapa Enters Cryptocurrency Swaps

Napoleon Elizer

There are plenty of ways to convert cryptocurrency into fiat. However, sometimes, users don’t want to cash out entirely and only to reposition from one cryptocurrency into another. Clearly, going into fiat and then rebuying doesn’t always seem to be the optimal approach for many reasons, including having to pay […]

How accountants can launch a cryptocurrency division

Napoleon Elizer

“The market moves so quickly that it’s sometimes hard to keep up,” says Chris Smith, director of Personal Tax Compliance at BKL. “However, there aren’t many accountants out there specialising in cryptocurrency.” The cryptocurrency market is worth a whopping $940.74bn (£813.24bn) as of July 2022, according to Bybit, the cryptocurrency […]