CRYPTO

US Treasury under Trump could take a different approach to Tornado Cash

Tornado Cash developers are facing criminal charges, and affected parties have civil lawsuits pending against the US Treasury over sanctioning the crypto mixer. Source link

CRYPTO

Wrapped Bitcoin flash crashes to $5K on Binance exchange

Wrapped Bitcoin was launched in 2019 to give Bitcoin investors an option to use the asset in decentralized finance applications. Source link

CRYPTO

Bitcoin’s $100K push wakes taxman, Vitalik visits real Moo Deng: Asia Express

Bitcoin’s surge fuels crypto tax talks, BTC a commodity in china but judge warns of legal risks, Vitalik Buterin meets Moo Deng: Asia Express Source

CRYPTO

ai16z token rockets 50% after nod from top venture firm

An X post from a16z’s chief technology officer helped send the AI-led DAO’s token soaring.  Source link

CRYPTO

Ethena adopts fee-sharing proposal for ENA token

Now the protocol is working on a value accrual mechanism for ENA stakers.  Source link

CRYPTO

Italy scales back plans to hike crypto tax rate: Report

A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one.

CRYPTO

FTX bankruptcy estate sues Anthony Scaramucci and SkyBridge Capital

FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange. Source link

CRYPTO

Bitcoin gained 1,900% in Trump’s first term: Will BTC price hit $1M this time?

Bitcoin could top $1 million per coin during Trump’s second term, according to historical price data. Source link

CRYPTO

Online Casino MetaWin hacked for $4 million — ZackXBT

According to cybersecurity firm CertiK, losses from digital asset scams and cybersecurity exploits topped $129 million in October. Source link

CRYPTO

Binance partners with Amazon Web Services to enhance user experience

Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers. Source link