Rep. Lance Gooden of Texas believes the move could help foster more crypto adoption A new proposal in Washington could lead to the installation of cryptocurrency ATMs inside federal buildings. Rep. Lance Gooden of Texas sent a letter on May 1 to the acting administrator of the General Services Administration (GSA), Stephen Ehikian, urging the
The crypto mixing service aided the Lazarus Group, but a judge rules that’s not enough to condemn it A US federal court has blocked the Treasury Department from reinstating sanctions against Tornado Cash, a crypto mixing service that had been accused of helping launder stolen digital assets. The decision, handed down on April 28 by
The sentencing guidelines follow the crypto exchange founder’s willful disregard for the law Alex Mashinsky, founder and ex-CEO of the collapsed crypto lending company Celsius, is now facing a potential 20-year prison sentence. The US Department of Justice (DOJ) submitted a sentencing recommendation yesterday, accusing him of orchestrating a wide-scale fraud scheme that left thousands
The closure of the RTFKT NFT platforms is causing trouble for the company Nike is facing a class-action lawsuit after the abrupt shutdown of its NFT platform, RTFKT, earlier this year. A group of RTFKT users, led by Jagdeep Cheema, filed the complaint in a Brooklyn federal court on April 25, claiming they suffered “significant
A change in the regulatory position of the US could fuel greater acceptance of cryptocurrencies Citigroup analysts believe that blockchain technology could experience a major turning point in 2025, likening its potential breakthrough to the rapid mainstream adoption of ChatGPT. In a report released on April 23, Citi highlighted regulatory clarity—particularly in the US—as the
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,
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