Tag: crypto tax reform
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Crypto Market Plummets Following Trump’s Tariff Announcement on the EU
Bitcoin Drops Below $85,000 as ETFs See Record Capital Outflows The cryptocurrency market took a sharp dive after Donald Trump announced a 25% tariff on imports from the European Union. In response, Bitcoin (BTC) tumbled below the $85,000 mark, while total liquidations neared $745 million. Investor concerns over a potential bear market are growing, as…
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Gotbit Founder Extradited to the U.S. Over Market Manipulation Charges
Alexey Andryunin, the founder of the crypto market-making firm Gotbit, has been extradited to the United States to face serious fraud and market manipulation charges. The U.S. Department of Justice (DOJ) confirmed that Andryunin appeared before a federal court in Boston, where he was taken into custody pending a future hearing. The 26-year-old Russian national…
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Hackers Rake in $485,000 in Bitcoin Using Fake GitHub Software
A mysterious group of hackers has been making serious cash by uploading fake projects to GitHub, tricking users into downloading malware-ridden software. According to cybersecurity experts at Kaspersky Lab, these cybercriminals have set up hundreds of repositories filled with remote access trojans, info-stealing programs, and clipboard hijackers—all designed to compromise unsuspecting users. Among the deceptive…
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BlackRock Moves 1,800 Bitcoin – Panic or Just Business as Usual?
A recent Bitcoin transfer by BlackRock has stirred up a heated debate in the crypto space. The company shifted 1,800 BTC—worth around $160 million—to Coinbase Prime. Naturally, speculation is running wild. Is this a sign of an imminent sell-off, or is it just routine liquidity management? With Bitcoin dropping below $90,000, many are questioning whether…
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Tron Goes Gas-Free: Zero-Fee USDT Transfers Coming Next Week!
Big news for crypto enthusiasts—Justin Sun just dropped a bombshell! Starting next week, Tron is making USDT transfers completely gas-free. That’s right—zero fees for moving your stablecoins around. And guess what? Ethereum is next in line to get the same treatment, followed by a rollout across other blockchains. What’s the Big Deal? If you’re into…
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Who Is Lazarus Group? The Hackers Behind the Bybit Breach
Lazarus Group is one of the most notorious hacker organizations globally, often linked to the North Korean regime. Known by various names like Hidden Cobra (U.S. Cybersecurity and Infrastructure Security Agency), ZINC and Diamond Sleet (Microsoft), and their self-proclaimed alias, Guardians of Peace, this group has been tied to some of the world’s most significant…
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Solana Takes a Hit, XRP and Dogecoin Deep in the Red During Crypto Crash
The crypto market faced a sharp correction this week, with Solana (SOL) plunging 16% and showing a 19% loss over the past seven days. Dogecoin (DOGE), XRP, and Ethereum (ETH) also suffered heavy losses, each down more than 13%. Meanwhile, Bitcoin (BTC) dipped below the $90,000 mark, a level not seen since November. Crypto Correction…
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Bybit Repays Bitget Loan of 40,000 ETH After Hack-Related Borrowing
Bybit has officially returned 40,000 ETH to Bitget, according to on-chain data from Arkham Intelligence. This loan was initially provided right after Bybit faced a major hacking incident. Hackers Launder $224 Million in ETH The situation is far from over. Hackers have already laundered 89,500 ETH, worth approximately $224 million, over the past 2.5 days.…
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Kanye West Memecoin Launch Delayed: Will YZY Ever Go Live?
Just days after the dramatic rise and fall of LIBRA, the meme coin linked to Argentinian president Javier Milei, another celebrity-driven crypto project has taken center stage. This time, it’s none other than Ye—formerly known as Kanye West—who’s making waves in the already overcrowded meme coin market. His much-anticipated YZY coin was set to launch…
