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Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains
15.9.2024
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions...
Crypto millionaire loses $43 million in Ether-Bitcoin trading bet
14.9.2024
Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether
Crypto millionaire loses $43 million in Ether-Bitcoin trading bet
14.9.2024
Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether
Kalshi's New Political Prediction Markets Halted as CFTC Appeals Loss
13.9.2024
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday
Indonesian crypto exchange Indodax goes offline after suspected $22M hack
11.9.2024
The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations
FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket
6.9.2024
The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve impersonations and target vulnerable populations, such as older...
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
4.9.2024
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin Mining Operations Push Through Lower Hashprice...
Nvidia posts historic one-day loss after US antitrust subpoena
4.9.2024
US antitrust officials are reportedly worried that Nvidia is penalizing buyers that don’t exclusively use its computer chips, a claim Nvidia rebuffed.
Penpie protocol exploited, suffers $27M loss
3.9.2024
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.
Penpie protocol exploited, suffers $27M loss
3.9.2024
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.
Bitcoin Drops Toward $57.5K, Extends Weekly Loss to 10% at Start of Seasonally Bearish September
2.9.2024
Memecoin DOGE led losses among major tokens with a 5% slide in the past 24 hours ahead of the Labor Day holiday in the U.S
Crypto law firm loses appeal to force SEC’s hand on Ether classification
23.8.2024
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security
DWF Labs Deposits All $4.12M worth CRV to Binance at a Loss
23.8.2024
DWF Labs deposited all 12.5M CRV worth of $4.12 Million to Binance at a loss. Out of this,…
Trader Suffers $150,000 Loss After Chasing NEIRO’s Peak
22.8.2024
A trader who spent $265,000 calling the top of $NEIRO on August 15 has just been liquidated in…
Candidate and AI bot come in 4th in Cheyenne’s mayoral primary
21.8.2024
The VIC bot and its “meat avatar,” Victor Miller, got 327 votes in Cheyenne, losing a primary election to incumbent Mayor Patrick Collins and two others
Candidate and AI bot come in 4th in Cheyenne’s mayoral primary
21.8.2024
The VIC bot and its “meat avatar,” Victor Miller, got 327 votes in Cheyenne, losing a primary election to incumbent Mayor Patrick Collins and two others
Disney Says ‘X-Men ’97’ Creator Fired For Misconduct After He Blames Gay Pride Post For Loss Of Season 2 Credits
16.8.2024
X-Men ’97 creator and head writer Beau DeMayo was removed from the show and later stripped of credit for its second season. He now says that was over a gay pride post he made on Instagram last June. A statement from Disney claims that’s false and that the creative was fired over “egregious”...
Bitcoin Spot ETFs net $11M inflow, despite GBTC loss
16.8.2024
Despite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows
US Bitcoin ETFs Soar With $192M Boost; Ethereum ETFs Record Modest Loss
9.8.2024
The latest figures from U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) reveal another contrasting shift. Bitcoin ETFs welcomed $192.56 million in inflows, while their ethereum counterparts saw around $2.87 million in net outflows. Blackrock’s IBIT Leads Inflow Gains On Thursday...
Bitfarms stock rises 22% after Q2 loss came out better than expectations
9.8.2024
Bitfarms stock had a strong trading session on Aug. 8 amid lower-than-expected losses in its latest quarterly earnings report