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$4.8M Stolen After South Korean Tax Agency Publishes Crypto Recovery Phrase
South Korea’s National Tax Service inadvertently disclosed a cryptocurrency wallet recovery phrase in public materials. The exposure enabled the transfer of 4 million PRTG tokens worth about $4.8 million. The case highlights operational risks in government crypto custody.
CRYPTOLEDGE
EU Activates DAC8: Crypto Tax Reporting Rules Take Effect in 2026
The EU has activated DAC8, extending tax reporting rules to crypto activity facilitated by intermediaries. The directive standardizes how crypto data is collected and shared across member states from 2026.
You’re in Crypto. Whether You Like It or Not
Even if you avoid buying Bitcoin, your index funds might not. Major indexes like the S&P 500, Nasdaq, and MSCI now include companies tied to crypto, giving passive investors indirect exposure without their explicit consent.
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