Ross Ulbricht, the creator of the Silk Road dark web marketplace, has issued his first statement following his pardon by former President Donald Trump. In his message, Ulbricht expressed profound gratitude to Trump, stating that he has “a lot to talk about” in the wake of his release after spending nearly a decade in federal prison. Ulbricht’s case has been …
Cryptocurrency News
January, 2025
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25 January
Could MicroStrategy Face a Major Tax Bill? Unrealized Bitcoin Gains at Risk”
MicroStrategy, the business intelligence firm known for its aggressive Bitcoin acquisitions, may soon find itself facing a significant tax burden on its growing digital asset portfolio. A recent report reveals that the company could be taxed on its unrealized Bitcoin gains, despite not yet selling any of its holdings. This potential tax issue highlights the complex relationship between cryptocurrency holdings …
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25 January
Hester Peirce Axes Controversial Crypto Rule SAB 121 Amid Industry Backlash
In a significant development for the crypto world, SEC Commissioner Hester Peirce has announced the repeal of the controversial crypto accounting rule known as SAB 121. The rule, which sparked widespread criticism from the cryptocurrency industry, required firms to treat certain digital assets as liabilities on their balance sheets—an approach many saw as overly restrictive and misaligned with the nature …
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25 January
Trump Era 2.0? Crypto Industry Weighs In on Policy Must-Haves
As speculation swirls around a potential second term for former President Donald Trump, the crypto industry is gearing up to voice its demands for regulatory clarity and favorable policies. With the sector facing increased scrutiny and regulatory challenges, key stakeholders are calling for a fresh approach that fosters innovation while ensuring compliance. The State of Crypto Under Trump’s First Term …
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25 January
The AI-Powered Future of DePIN: Gaurav Sharma on GPUs and Decentralization
As artificial intelligence continues to push the boundaries of technology, decentralized physical infrastructure networks (DePIN) are emerging as a critical component in the future of AI computing. In an exclusive interview, Gaurav Sharma, CTO of IO.net, shares insights on how DePIN, the “Internet of GPUs,” and AI integration are set to transform the decentralized landscape. The Rise of DePIN: Decentralizing …
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25 January
Trump’s Crypto Playbook: Warren Sounds the Alarm on Memecoin Scheme
Senator Elizabeth Warren has launched a scathing attack on former President Donald Trump’s latest financial endeavor—his very own memecoin. Warren is calling it a blatant attempt at “presidential profiteering,” warning that it could pose significant risks to both investors and the integrity of the political process. The Rise of Trump’s Memecoin Trump’s entry into the cryptocurrency market has raised eyebrows, …
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25 January
Crypto Highlights: The Latest News You Need to Know
Welcome to today’s edition of Crypto Highlights, where we bring you the most important updates from the world of digital assets. From regulatory shifts to groundbreaking innovations, stay informed on the latest happenings in the crypto space. Here’s your quick rundown of today’s top news. 1. Bitcoin Price Surge: Bulls Make a Comeback Bitcoin (BTC) has seen a notable surge …
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25 January
South Korea’s Goyang Cracks Down with $228K Crypto Seizure Over Traffic Fine
In an unprecedented move, South Korea’s Goyang City has seized over $228,000 worth of cryptocurrency from individuals with outstanding traffic fines. The crackdown is part of the city’s broader effort to enhance tax enforcement and leverage digital assets to recover unpaid penalties. Crypto as a Collection Tool Authorities in Goyang City utilized blockchain tracking and financial forensics to identify cryptocurrency …
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25 January
MMA Fighter’s $151K Crypto Mystery Tied to Moscow Park Tragedy
In a shocking development, authorities are investigating a mysterious $151,000 cryptocurrency payment received by a professional MMA fighter in the weeks leading up to the recent terrorist attack at a Moscow park. The unexpected financial windfall has raised serious questions about potential connections to the tragic incident that left [number] dead and many injured. Unraveling the Crypto Connection According to …
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24 January
Investing in Oil, Digitally: The Rise of Tokenized Commodities
The Rise of Tokenized Commodities would explore the emerging trend of tokenizing commodities like oil and how this digital approach is revolutionizing investment strategies. Here’s a suggested breakdown for the article: The Emergence of Tokenized Commodities Overview of Tokenization: Start by explaining what tokenization is—converting real-world assets into digital tokens on a blockchain—and its growing role in finance. Tokenized Oil: …