Today’s crypto market decline: Reasons behind the drop in altcoins and BTC
Cryptocurrency Market Decline The virtual currency market is currently experiencing a downturn, with Bitcoin and various altcoins facing significant losses. Bitcoin has dropped to $76,000, down from a peak of $77,000 just last week. Notable declines are seen in altcoins such as RaveDAO, MemeCore, LayerZero, Aave, and Siren. Specifically, RaveDAO’s price has plummeted by over […]
Plymouth man tells his story after losing $37K in a crypto scam
Plymouth, Michigan In 2025, Americans reportedly lost around $21 billion to cybercrime, with almost half of those crimes linked to cryptocurrencies, as stated by the FBI. A local man from Plymouth shared his experience with Local 4, revealing he fell victim to a scam that cost him $37,000 after being coerced into depositing money into […]
Ben McKenzie embodies Frank Capra in his crypto documentary, but the government denies a joyful conclusion.
Ben McKenzie Testifies Before Congress on Cryptocurrencies Ben McKenzie, known for his role in The O.C. and as a documentary director, recently testified before Congress about virtual currencies. Several senators, many of whom own significant digital assets, appeared noticeably apprehensive during the hearing. McKenzie was invited due to his outspoken criticism of cryptocurrencies and was, […]
High-speed data for Solana is being introduced to crypto as DoubleZero brings Wall Street trading technology.
DoubleZero Foundation Launches New Platform for Crypto Market Data The DoubleZero Foundation, which focuses on creating high-speed data infrastructure for blockchains like Solana, has introduced a platform that is set to improve how trading firms access cryptocurrency market data. This move indicates an increasing interest in Wall Street-style systems within the digital asset landscape. Revealed […]
U.S. lawmakers make another attempt at updating crypto tax policy with new bill
New Legislative Push for Cryptocurrency Tax Reform Last month, Representatives Stephen Horsford (D-Nevada) and Max Miller (R-Ohio) brought back the Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yield (PARITY) Act. This legislation aims to update how the United States deals with cryptocurrencies and taxes related to them. As Congress gears up to discuss taxes […]
Famous Musician Loses Entire Life Savings to Malicious Crypto Wallet in Apple’s App Store
Musician G. Love Loses Life Savings to Fake App Musician G. Love recently lost his life savings after downloading a fraudulent Ledger Live app from Apple’s Mac App Store. According to a post on his social media account, about 5.92 Bitcoins, valued around $424,000, were stolen through nine transactions directed to an address on KuCoin, […]
Morgan Stanley Explores Tokenization and Tax Solutions Beyond Bitcoin in Crypto Initiative
Simply put Amy Oldenburg, who heads digital asset strategy at Morgan Stanley, thinks that tokenized money market funds are a logical next step in the company’s cryptocurrency strategy. The investment bank, managing $9.3 trillion in client assets, might also look into tax-exempt recovery strategies for digital assets via its subsidiary, Parametric. With more than 15,000 […]
Trump’s World Liberty Financial Takes a Step Similar to FTX, Loans Against Its Own Crypto Token
The Trump family’s cryptocurrency initiative, World Liberty Financial, is facing significant backlash after the Treasury Department utilized a substantial amount of its WLFI governance tokens as collateral for borrowing stablecoins through connected DeFi lending platforms. This has led to concerns about circular borrowing, a practice historically linked with detrimental outcomes. World Liberty Financial’s treasury wallet […]
Crypto Decline: Is It Time to Purchase Solana After a 68% Drop?
Cryptocurrency Market Faces Major Decline The cryptocurrency market has taken quite a hit since the middle of last year. With rising economic and political uncertainty, many investors are pulling back on riskier assets. Recent geopolitical issues in the Middle East have only intensified this climate of unpredictability. Overall, the total market value of cryptocurrencies has […]
Meet the Crypto Developer Against Trump Who is Running for Congress in Virginia
Simply put Joe Sciarrizzi, an Ethereum developer critical of Trump, is running for the Virginia State Assembly as a Democrat. He believes cryptocurrencies should prioritize public interest over political gain. Sciarrizzi has criticized pro-crypto lawmakers for being opportunistic and insincere regarding crypto technology. November’s midterm elections are expected to introduce new lawmakers to Washington, including […]