Tag: News

Bitcoin Miner Tied To Trump Spends $314 Million On Chinese Computer Chips

American Bitcoin Corp., a mining company linked to US President Donald Trump’s family, has completed one of the largest hardware purchases in the crypto sector this year. Reports have disclosed that the firm paid around $314 million for 16,290 Antminer U3S21EXPH units from Chinese mining giant Bitmain. Massive Purchase...
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New York’s 0.2% Crypto Tax Push Sparks Fears of a Market Sell-Off

New York may soon add another chapter to its already strict crypto regulation playbook. Assembly Bill 8966, introduced by Democratic Assembly member Phil Steck, proposes a 0.2% excise tax on all crypto and NFT transactions, including Bitcoin, Ethereum, and stablecoins. If approved, the crypto tax would take effect on...
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US DOJ Seizes $2.8M in Crypto from Alleged Ransomware Mastermind

The US Justice Department has unsealed a set of warrants authorizing the seizure of more than $2.8 million in cryptocurrency linked to an alleged ransomware operation. The action also includes the confiscation of $70,000 in cash and a luxury vehicle. The warrants, unsealed in federal courts in the Eastern...
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Former Pump.fun Developer Pleads Guilty to $2 Million Solana Heist

Jarett Dunn, a former developer at the Solana-based memecoin platform Pump.fun, has pleaded guilty to fraud by abuse of position and transfer of criminal property. He admitted to stealing nearly $2 million in SOL from the project shortly after joining the team. Dunn is currently being held in a...
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Wall Street Giants Double Down on Bitcoin via ETFs and Equities

Wall Street’s interest in Bitcoin is becoming harder to ignore. Major financial institutions are doing more than just testing the waters; they’re wading in with conviction now. Recent filings reveal that firms like Wells Fargo, Cantor Fitzgerald, and Jane Street are significantly increasing their exposure to Bitcoin through both...
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Looming Bitcoin Security Budget Crisis Is Fake — Expert Buries FUD

Pierre Rochard, VP of Research at Riot Platforms, one of the largest publicly traded Bitcoin mining companies and CEO of The Bitcoin Bond Company says the most persistent narrative about Bitcoin’s long-term security—an alleged “budget shortfall” as block subsidies decline—is built on a category error. In a series of...
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