Not everyone agrees the stolen BTC are trapped, with some pointing to mixers, Lightning, and privacy tools as possible escape routes. Well over $100 million worth of Bitcoin (BTC) has now been stolen through the ongoing Coldcard wallet exploit, said Galaxy Research, but market commentator Joe Consorti has argued that the attacker may struggle…
Coinbase will transfer institutional clients’ International Exchange accounts, balances and open positions to Deribit on Sept. 9, with trading expected to pause for about 30 minutes during the cutover. Summary Coinbase will migrate institutional International Exchange accounts, balances and positions to Deribit on September 9. Clients declining the transfer must close positions and accounts before…
Nigeria’s revenue authority has issued detailed crypto tax rules requiring exchanges and P2P marketplace operators to collect, report and remit taxes arising from virtual asset transactions. Summary Platforms must withhold 1% from taxable crypto disposals, while stablecoin sales remain exempt under guidelines. Staking, mining, airdrops and DeFi rewards may face 10% withholding when classified as…
Tyler Williams, one of Treasury Secretary Scott Bessent’s senior digital asset advisers, left the U.S. Treasury Department on July 31 as Congress struggled to advance the CLARITY Act before its August recess. Summary Tyler Williams left Treasury after advising Bessent on digital assets and blockchain policy since 2025. Bessent called Williams instrumental in advancing the…
XRP is testing a six-year support zone that has previously come right before major upside moves, according to the analyst. Crypto analyst ChartNerd said on August 3 that XRP’s prolonged weakness could be setting the stage for a major market repricing. With the token testing long-term support near $1.06 after months of negative sentiment,…
President Donald Trump called on ExxonMobil and Chevron to cut US fuel prices after the oil majors earned roughly $26.5 billion combined during the second quarter. Summary ExxonMobil earned $14.5 billion, more than double its profit from the same quarter last year. Chevron posted $12.1 billion in earnings, nearly five times its year-ago result. Trump…
The chances for approval continue to decline after the latest delay. After the highly expected weekend in which supporters of the bill expected some sort of an advancement, Eleanor Terrett reported that the White House has failed to respond to a key counterproposal. The popular journalist noted a few days ago that Senator Thom…
FalconX has reportedly cut about 10% of its global workforce as the digital asset prime broker prepares for an extended cryptocurrency market downturn. Summary FalconX reduced its global workforce by roughly 10%, affecting an estimated 35 positions. The company plans to withdraw its Singapore license application and prioritize crypto derivatives. FalconX will maintain its Asian…
Bitcoin mining has long become a massive business niche in which the individual miner has been sidelined, but there are occasional exceptions. A single miner managed to mine block number 960804, which secured them the 3.125 BTC prize, worth roughly $200,000 at today’s prices. Pseudonymous software developer at CKPool, Dr -ck, was among the first to…
A former FBI supervisory agent allegedly stole about $1 million in cryptocurrency, mixed it with personal funds, and asked ChatGPT how to use the money and relocate to Europe. Summary Patrick Yaroch allegedly made about a dozen crypto transfers beginning in late 2024 or early 2025. Investigators said he used ChatGPT to explore investing $1…
