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Trump announces new crypto project

Former President Trump announced a new cryptocurrency project called “The DeFiant Ones” on Thursday, but provided few details about the venture. “For too long, average Americans have been oppressed by big banks and the financial elite. Now is the time for us to stand up together,” the former president wrote on his platform, Truth Social, […]

Wannabe pol, crypto booster Michelle Bond busted for campaign finance fraud

A losing candidate for Congress in Long Island was arrested Thursday after prosecutors accused him of illegally funneling $400,000 into his campaign coffers from FTX, the notorious cryptocurrency exchange where his girlfriend worked as a top executive. Michelle Bond, 45, was hired by her boyfriend, Ryan Salameh, an executive at the then-fast-growing Bahamas-based company FTX, […]

Crypto industry spending 'unprecedented' money on 2024 election: Report

The crypto industry has spent more than $119 million on the 2024 federal elections to boost crypto-friendly candidates and defeat crypto skeptics, a research firm said. A new report from Public Citizen. This “unprecedented” spending accounts for nearly half, or 48 percent, of all money given by corporations to this year’s elections, according to a […]

McDonald’s Instagram page hacked in $700K fake crypto scheme

Cryptocurrency hackers claim to have broken into McDonald’s official Instagram account and used it to promote a fake digital currency, making off with $700,000 in stolen money. Screenshots circulating online show the caption on McDonald’s Instagram page has been changed to read: “Sorry Ma Naga. Just got scammed by India_X_Kr3w. Thanks Solana for the $700,000.” […]

XRP Price Enters Wave 3, Crypto Analyst Puts Top At $36.76 – NewsBTC

Crypto Analyst Dark Defender Provided detailed analysis XRP Price Trends Using the Elliott Wave Theory, the analyst revealed in his analysis what to expect from the crypto token and where its price may ultimately head. Related Documents XRP Could Rise to $18 in the Next Upward Phase Dark Defender Revealed on X (formerly Twitter) post […]

California ring indicted for stealing $300K in crypto from Queens man

A Queens auto repair shop owner lost $300,000 in retirement savings after a California man stole his bitcoin and used the funds to buy a diamond pendant, a Rolex and a Mercedes-Benz, authorities said. The victim, 61, had 5.75 bitcoin, worth $92,000, in a blockchain digital “wallet” that was allegedly stolen by Aaron Peterson Jr., […]

IRS Updates Crypto Tax Form, Drops Wallet Address Requirement – Decrypt

The United States tax agency has released revised forms for crypto investors, aiming to simplify taxes for digital asset holders. The 1099-DA, released as a draft on Friday, will provide “easier and clearer” reporting for tax filers with cryptocurrency investments, the IRS said in a statement on Friday. The revised form removes requirements from the […]

Anti-Crypto Biden-Harris Admin ‘Got Yelled At’ By Crypto Executives

Crypto industry executives reportedly yelled at the anti-crypto Biden-Harris Administration on Thursday during a meeting aimed at repairing relations between the cryptocurrency and the White House. Fox Business Reported The White House hosted an online meeting with crypto industry executives on Thursday, hosted by Rep. Ro Khanna (D-Calif.), as the Biden-Harris administration has been cracking […]