If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. ‘Big, Beautiful Bill’ Remittance Tax May Spur Crypto […]
Retired artist Ed Suman lost over $2 million in cryptocurrency earlier this year after falling victim to a scam involving someone posing as a Coinbase support representative. Suman, 67, spent nearly two decades as a fabricator in the art world, helping build high-profile works such as Jeff Koons’ Balloon Dog sculptures, according to a May […]
Despite the geopolitical tensions from the U.S. trade war causing a decline in most liquid tokens, venture capitalists continued to focus on the core utility of cryptocurrencies, particularly stablecoins. VCs’ Growing Positive View of Stablecoins Although the geopolitical tensions sparked by the U.S. trade war resulted in a quarter-long giveback of gains across most liquid […]
United Kingdom crypto companies will need to collect and report data from every customer trade and transfer beginning Jan. 1, 2026 as part of a broader effort to improve crypto tax reporting, the UK government said. Everything from the user’s full name, home address and tax identification number will need to be collected and reported […]
The Australian Transaction Reports and Analysis Centre has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing to submit suspicious matter reports on time. Cointree Fined Despite Self-Reporting The Australian financial intelligence agency, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has issued infringement notices totaling $75,120 to cryptocurrency exchange Cointree for failing […]
De-dollarization is exploding across Eurasia as 93% of EAEU trade now flows through national currencies, signaling a decisive pivot from the U.S. dollar and reshaping global finance. Russia Says 93% of EAEU Trade Now in National Currencies as Dollar Use Crumbles A rising trend of de-dollarization is reshaping trade across Eurasia, as national currencies increasingly […]
Arthur Hayes predicts an unstoppable surge for bitcoin as collapsing U.S. treasuries and capital repatriation fuel a global flight into BTC, targeting $1 million. Arthur Hayes: Capital Repatriation and Treasury Collapse Will Push Bitcoin to $1 Million Arthur Hayes, chief investment officer of Maelstrom and co-founder of crypto exchange Bitmex, shared his latest macroeconomic outlook […]
Hong Kong police arrested 12 people involved in a cross-border money laundering scheme that relied on crypto and over 500 stooge bank accounts to launder HK$118 million ($15 million), local news outlets reported. The syndicate was dismantled on May 15, resulting in the arrest of nine men and three women in mainland China and Hong […]
Robert Kiyosaki predicts bitcoin will soar to $250,000 this year as crashing central banks trigger mass bankruptcies, fueling unstoppable momentum behind hard assets like BTC. Robert Kiyosaki Predicts $250K Bitcoin Surge, Advises ‘Buy More, Do Not Sell’ Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has doubled down on his warning about […]
Ripple is unleashing the XRP Ledger to revolutionize Colombia’s farming economy, powering traceability, sustainability premiums, and microfinance access for smallholder farmers. Ripple Leverages XRP Ledger to Support Colombian Farmers With Blockchain and Microfinance Ripple announced on May 15 the launch of its second pilot this year with Mercy Corps Ventures, working in partnership with traceability […]
In the first quarter of 2025, Solana’s blockchain protocol recorded its strongest performance in a year, with total application revenue rising to $1.2 billion. January was particularly notable, accounting for nearly 60% of the quarter’s total revenue. Pump.fun Top Revenue Generator in Q1 for Solana Apps In the first quarter of 2025, the blockchain protocol […]
Public internet infrastructure is the critical speed and performance constraint on high-throughput blockchain networks, according to Austin Federa, co-founder and CEO of DoubleZero, a project developing high-speed fiber optic communication rails for blockchains. “The downside of the public internet is it was never built for high-performance systems. It was always built for this sort of […]