The miners were reportedly worth $2.7 million and were targeted by a South American theft ring Police in Los Angeles have recovered a shipment of Bitcoin mining machines worth approximately $2.7 million after a coordinated heist at Los Angeles International Airport (LAX). Authorities believe the crime was carried out by members of a South American
The cryptocurrency exchange may be looking to become more mainstream Coinbase is exploring the possibility of applying for a US federal bank charter, according to a spokesperson for the company. While no official decision has been made, the crypto exchange confirmed to Cointelegraph that the idea is under active consideration. The potential move aligns with
The bill would prevent crypto holders from using the US territory to avoid taxes on their digital assets A new proposal in Washington is targeting a long-standing loophole that has made Puerto Rico an attractive destination for crypto investors seeking to reduce their tax bills. Rep. Nydia Velázquez of New York introduced a bill on
The news was confirmed by company CEO CEO Rick Wurster Charles Schwab could introduce spot Bitcoin trading for customers as early as April 2026, according to the firm’s most recent statements from CEO Rick Wurster. The firm has seen interest in crypto spike with a reported 400% rise in traffic to its digital assets web
A hacker manipulated an administrative account tied to ZKsync’s airdrop system A security breach on ZKsync resulted in a hacker minting $5 million worth of ZK tokens without permission, according to a statement published by the project’s official X account on April 15. The hacker manipulated an administrative account tied to ZKsync’s airdrop system and
The expansion gives traders more options on a single platform Kraken is venturing out of cryptocurrencies as it introduces stock and ETF trading on its platform, signaling expansion into more mainstream investment vehicles. This extends another layer to the products of the cryptocurrency exchange and provides users looking for a one-stop-shop experience for digital and
Waylon Wilcox has admitted to submitting false tax returns in 2021 and 2022 A Pennsylvania man who made millions trading NFTs is now facing serious prison time after admitting he didn’t report much of that income to the IRS. Waylon Wilcox, 45, pleaded guilty this week to filing false tax returns for 2021 and 2022,
The US Senate has confirmed the nomination of Paul Atkins to head the securities regulator Paul Atkins has officially been confirmed by the US Senate as the next chair of the Securities and Exchange Commission (SEC). The vote, which ended 52-44, mostly followed party lines. Atkins, a former Wall Street consultant with a clear interest
A federal judge has agreed to allow the legal dispute to come to an end Shaquille O’Neal has reached a settlement worth $11 million in a class-action lawsuit involving the Astrals NFT project, which he helped launch and promote. A federal judge in Florida signed off on the agreement, bringing an end to the legal
Crypto attorney James Murphy believes the government knows Satoshi’s true identity A lawsuit has been filed against the US Department of Homeland Security (DHS) by crypto attorney James Murphy, who is demanding records that could reveal whether the agency knows the identity of Bitcoin’s creator, Satoshi Nakamoto. The case hinges on comments made in 2019
Failure to complete required KYC documents could cost some victims a lot of money Nearly 400,000 former users of the failed crypto exchange FTX could lose out on more than $2.5 billion in repayments due to not starting the required identity verification process. According to a recent filing in the US Bankruptcy Court in Delaware,
The move comes as the SEC retreats from its anti-cryptocurrency position Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is set to expand its presence with a new office in Miami’s Wynwood Art District. The move marks a shift toward the Florida crypto scene and comes during a period when the firm may
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