HM Revenue and Customs (HMRC) has significantly increased its scrutiny of UK crypto users during the 2025-2026 financial year. The tax authority reportedly sent more than 81,000 warning letters to holders it suspects may have unpaid tax, the BBC reported after reviewing a freedom of information request. UK Holders on Notice The number is nearly […]
This week, Binance founder Changpeng Zhao (CZ) finally revealed why he chose to face US prosecutors during his AML violation case despite holding UAE citizenship that could have kept him from the grasp of US law enforcement. His account offered a rare explanation of his thinking before a four-month prison sentence and the end of […]
Franklin Templeton is preparing to put tokenized assets inside its conventional mutual funds and ETFs, Bloomberg reported on Thursday, eight days after SEC staff cleared the firm to hold its $721 million blockchain-based money market fund in those portfolios. Franklin characterizes relief as the first US regulatory clearance for digitally native products inside conventional funds. “It is […]
Bitcoin’s price suddenly dipped to $75,500 after it failed to remain above $77,000 during the weekend. Most altcoins have followed suit, including the largest ones, which performed a lot better on Friday and Saturday. This volatility, untypical for the weekend, came amid reports that one of the most prominent market makers, Wintermute, had gone short […]
Coinkite, the company behind Coldcard, has shipped a firmware update that will not generate a new wallet seed until the owner supplies randomness by hand. That means at least 50 dice rolls, 128 coin flips, or 65 timed key presses, three weeks after a defect in its random number generator opened customer funds to attackers. […]
Coinbase CEO Brian Armstrong expects US crypto regulation to move forward by mid-September, either through a Senate vote or new SEC and CFTC rules. His comments came after a White House meeting with President Donald Trump and crypto executives, as lawmakers prepare to revisit the CLARITY Act. Armstrong Lays Out Two Paths to Clarity Armstrong […]
Justin Sun said Thursday that a California federal judge ruled his individual claims against World Liberty Financial will stay in open court, rejecting the Trump-linked project’s push to force the dispute into private arbitration and seal the case from public view. The ruling keeps alive one of crypto’s messiest ongoing legal fights, one that has […]
Altcoins could deliver returns ranging from 10x to 1000x after the latest market pullback, according to analyst Matthew Hyland. He compared the June sell-off with March 2020 and argued that many alts could recover within months rather than years. Hyland Compares June Altcoin Pullback to 2020 Hyland made the comparison on August 21, arguing that […]
Ethereum exchange balances have continued to decline, moving in the opposite direction to Bitcoin over the same three-week period. ETH supply on trading platforms fell from around 7.70 million on June 2 to about 6.54 million on August 18, which puts roughly 1.15 million coins off exchanges, or around 15% over eleven weeks. ETH Moving […]
Grayscale has disclosed discussions with a Digital Currency Group (DCG) subsidiary over a contribution of roughly 200,000 ZEC to its Zcash Trust, in an August 18 amendment to the registration statement that would move the fund onto NYSE Arca. Grayscale Investments Sponsors, the trust’s sponsor, said it is in discussions with DCG International Investments Ltd. […]