India’s Crypto Tax Crackdown: 75% of Traders Under Radar India’s tax authorities are staring at a massive gap between crypto trading volume and tax compliance, with fewer than one in four traders declaring their activity on returns. The finding hits right as the government tightens enforcement and signals that tax-free crypto trading is over. The…
Bitcoin Buckles at $60K as Oil Spikes and Japan Wobbles Bitcoin has tumbled back to the critical $60,000 support zone, driven by a sharp surge in oil prices, contagion fears from Japan’s markets, and aggressive selling by Strategy. The convergence of these pressures has left traders on edge, with the flagship cryptocurrency struggling to maintain…
CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: “Nothing Is 100%” Binance co-founder and former CEO Changpeng Zhao (CZ) issued a caution to Bitcoin holders following a wallet exploit that resulted in roughly $70 million in losses, underscoring that even widely used crypto tools can carry risk. The incident involved a compromised wallet, highlighting…
Bank of England Stays Silent on Farage CBDC Chat Bank of England Governor Andrew Bailey has pushed back claims that a private meeting with Nigel Farage influenced the central bank’s approach to a potential digital pound. The discussion reportedly touched on cryptocurrency and stablecoin regulation, yet Bailey insists the Bank’s policy remains independent of political…
Bitcoin Re-Tests $60K as Oil, Japan, and Strategy Pile On Bitcoin is back at the $60,000 line after a fresh wave of selling that began late last week. The drop was triggered by a cocktail of macro shocks: surging oil prices, renewed fears over Japan’s fragile recovery, and yet another wave of liquidations from Strategy’s…
Court Slams CFTC, Green-Lights Election Bets on Kalshi A federal appeals court has refused to pause a lower-court ruling that lets Kalshi list contracts on U.S. election outcomes. The decision keeps the CFTC on the defensive and hands traders a new, regulated way to wager on politics. The CFTC tried to block Kalshi’s “Yes/No” markets…
Bitcoin Treasury SPAC Deal Faces Fresh Terms as Market Shifts Adam Back’s Bitcoin Standard Treasury Company and Cantor Equity Partners I are rethinking the terms of their planned 2025 merger, acknowledging that the original deal no longer fits the current market. The companies said they want to renegotiate to “better reflect market conditions,” a phrase…
Court Orders Envy Blockchain Case Back to Lower Judge Texas appellate judges just handed Envy Blockchain a narrow win on procedure but kept the real fight alive, signaling that crypto companies in the state still face the same civil exposure as any other business. The Eighth Court of Appeals in El Paso ordered a lower…
Crypto Nerd’s Nugget of the Week: Alpen Labs Testnet III Alpen Labs is building Bitcoin-native DeFi infrastructure, aiming to make it easier for developers to create financial applications that use Bitcoin as the underlying asset and settlement layer. The focus is not on replacing Bitcoin, but on expanding what can be built around it: lending,…
Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges The user did not provide any raw content beyond the headline and a placeholder description. Without the underlying details—such as what was exploited, how the $89 million figure was calculated, which wallets or services were affected, and what evidence…
Bull Bitcoin Sues France Over Crypto Surveillance Rules Bull Bitcoin, a non-custodial exchange, has launched legal action against the French government to block new rules that would force crypto platforms to collect detailed user data. The company claims these measures could expose as many as 135 million European crypto users to increased surveillance and physical…
Court Hands CFTC Fresh Teeth in Kraft Subpoena Fight A federal appeals court just told the CFTC it can keep digging into Kraft’s 2011 wheat trades, rejecting the company’s attempt to kill the subpoena. The ruling is a quiet but clear win for the regulator’s power to demand records from firms that may never face…
JUDGE BLOCKS BILZERIAN’S 20-YEAR ESCAPE FROM SEC The D.C. District Court just slammed the door on Paul Bilzerian’s decades-long bid to dodge a 2001 SEC injunction, ruling he can’t dodge the law by hiding behind new corporate shells. This isn’t just a victory for regulators; it’s a shot across the bow at anyone who thinks…
Court Hands SEC Fresh Setback on Token Sales A federal appeals court just clipped the SEC’s wings in a landmark digital-asset case, ruling that certain token sales are not automatically “investment contracts” under securities law. The decision forces regulators to prove how each sale meets the Howey test rather than relying on blanket classification, sending…
Bitcoin Treasury SPAC Eyes New Deal Terms as Market Shifts The Bitcoin Standard Treasury Company and Cantor Equity Partners I are revisiting the terms of their planned 2025 merger, signaling that the original SPAC agreement no longer matches current market realities. Both sides want to adjust the deal structure, a move that reflects broader caution…
Judge Deals CFTC Fresh Blow in Conway Trust Case A federal appeals court has sharply curtailed the Commodity Futures Trading Commission’s ability to pursue restitution from non-trading third parties, ruling that the agency overstepped its authority in attempting to claw back funds from the Conway Family Trust. The decision, issued by the Seventh Circuit, signals…
Bank of England Governor Pushes Back on Farage CBDC Pressure Andrew Bailey says the Bank of England’s digital-pound plans are staying on track and remain untouched by political lobbying, even after a high-profile meeting with Nigel Farage. The governor insists the central bank’s CBDC work is driven by financial-stability concerns, not outside influence, following reports…
Fifth Circuit Hands Coinbase a Partial Win Over SEC The U.S. Court of Appeals for the Fifth Circuit just narrowed the SEC’s reach over crypto platforms. In a ruling that could reshape how digital-asset exchanges operate, the court held that the agency cannot force Coinbase to register without first proving that specific tokens meet the…
Kansai Electric Rewards App Opens JPYC Stablecoin Conversion On Polygon Kansai Electric Power’s rewards app has added a new option that allows users to convert points into JPYC, a Japanese yen-linked stablecoin, using the Polygon blockchain. The update connects a mainstream consumer rewards program with an on-chain digital currency, letting users move value from an…
Tokenized Stocks Explode 105% in a Month Tokenized equity transfers just jumped 105% to $8.4 billion in a single month, showing that both crypto-native firms and traditional banks are accelerating their push into real-world asset tokenization. The surge isn’t just volume—it’s a signal that institutions see equity on blockchain as more than a pilot project….
