The United Kingdom is set to implement stringent regulations requiring cryptocurrency firms to collect and report detailed personal data from users, starting January 1, 2026. This move by Her Majesty’s Revenue and Customs (HMRC) aims to curb tax evasion in the rapidly growing digital asset sector. According to the upcoming
The Chief Executive Officer of Ripple, Garlinghouse, believes that Crypto ETFs are about to explode. He participated in the “Crypto in 1 minute” podcast of Ripple and talked about crypto-based exchange-traded funds ETFs. As per Garlinghouse, there are two major reasons behind the increasing excitement around ETFs after it launched
A key judgement rattled the crypto legal landscape as the U.S. District Judge Arun Subramaniam overruled key fraud and market manipulation verdicts against Avraham Eisenberg, the investor charged with coordinating the well-known $110 million Mango Markets exploit. Eisenberg had previously suffered multiple legal charges for his role in manipulating in
Wall Street has officially caught Bitcoin fever. And at the center of the frenzy stands BlackRock’s iShares Bitcoin Trust (IBIT), which has now taken the crypto investment narrative to a whole new level. On Thursday, as Bitcoin surged to an all-time high of $111,807, IBIT soared to the top of
A Shocking incident that has sent chills through the cryptocurrency sector and the general public. A 28-year-old Italian tourist was reported of kidnap and torture for over two weeks by a crypto trader in a sophisticated apartment in Manhattan. The 37-year-old suspect, John Woeltz from Kentucky, was arrested on May
According to a recent official announcement, South Korea’s largest cryptocurrency exchange Upbit has temporarily suspended its STX transaction services. This follows after continued delays in Stacks network’s block generation. The suspension remains in effect until the exchange confirms that deposit and withdrawal operations can proceed safely. The decision follows reports
The $TRUMP holders who were invited to the exclusive gala dinner held none of the tokens in the wallets by the time they attended the dinner at Trump National Golf Course on May 22. A report from Solscan reveals that only eight of the top 25 VIPs kept the balance
As a bold step against cryptocurrency fraud, the U.S. Department of Justice (DOJ) has declared that it has forfeited around $2.5 million in cryptocurrency, all of which is tied to fraudulent investment scams that took advantage of growing public interest in the crypto sector. The DOJ’s May 23 announcement is
One of the co-founders of Polygon, Mihailo Bjelic, has stepped down from the blockchain project in which he was involved. He is resigning from the Polygon Foundation board and terminating his role at the main development Studio, Polygon Labs. The co-founder posted on X, asserting that after a lot of
Semler Scientific has acquired an additional 455 Bitcoin for $50 million, according to a May 23 SEC filing. The Nasdaq-listed healthcare tech firm now holds 4,264 BTC, valued at approximately $474.4 million based on recent prices. The company purchased the new Bitcoin between May 13 and May 22 at an
