Browsing: crypto

Tyler Williams served as Secretary Scott Bessent’s principal adviser on blockchain and digital asset policy, making him one of Treasury’s top voices on US crypto regulation. He is returning to the private sector after leaving his post on July 31.

The decline was attributed to weaker institutional inflows, geopolitical uncertainty and a resurgence in risk-off conditions. 

Australia taxes cryptocurrencies under its existing income tax and capital gains tax rules rather than through a separate crypto tax regime. Depending on the transaction, investors may owe capital gains tax, ordinary income tax, or both.

Hashdex’s decision underscores how difficult it has become for smaller spot Bitcoin ETFs to compete in an increasingly concentrated market. Since U.S. spot Bitcoin ETFs debuted, asset gathering has largely favored the biggest issuers, with investors gravitating toward funds offering deep liquidity, tighter spreads and lower costs.

Coldcard users are fuming after a weakness known since 2021 allowed hackers to steal their Bitcoin. Photo: Coldcard

Former CFTC Chairman Chris Giancarlo on Sunday told The Wolf Of All Streets podcast that the CLARITY Act is not a lifeline for crypto, and that failure would simply separate the builders from the bystanders.

XRP (CRYPTO: XRP), the native token of the XRP Ledger, has declined more than 60% over the past 12 months. It lost its luster as fears of interest rate hikes, regulatory headwinds, and competition from stablecoins drove investors toward more conservative investments.

The latest FET▲$0.1892 crypto price prediction is asking the critical question: can the AI token recover from a rapid decline? FET is currently trading at $0.14, approximately 95% below its March 2024 all-time high of $3.45.

Immunefi indicated that a recent incident involving BonkDAO highlights a troubling shift in how digital assets are being compromised. An individual invested approximately $4 million to acquire sufficient voting power, enabling the passage of a malicious governance proposal during a period of limited participant engagement.

CMS Administrator Dr. Mehmet Oz reveals whistleblowers in Minnesota were ‘ostracized’ and called ‘racist’ for trying to address Medicaid fraud involving Somalis.