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South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto

South Korean “tax dodgers” have been dealt another blow, with tax authorities in the city of Hwaseong confiscating crypto assets worth over $768,500. Tax officers said they had seized a whopping $567,000 of the total from one single individual. The move is part of a continued...

, by Tim Alper

Breaking: Ethereum Foundation Faces Investigation by Unnamed ‘State Authority’ – Will ETH Get Banned?

The Ethereum Foundation, the Switzerland-based non-profit organization that created and continues to develop the Ethereum blockchain, faces investigation by an unnamed “state authority”, the group’s GitHub repository says. As per a GitHub commit submitted on the 26th of...

, by Michael Davis

Russian Crypto Mining Hotspot Cracks Down on Illegal Miners

The Russian crypto mining hotspot of Irkutsk appears to be cracking down on illegal and quasi-legal miners. Per a Telegram post from the Irkutsk Prosecution Service, an unnamed crypto miner, aged 35, will “stand trial for stealing electricity” in the town of Cheremkhovo. Irkutsk:...

, by Tim Alper

3AC Co-Founder Kyle Davies Stands Firm, Won’t Apologize for Crypto Hedge Fund Bankruptcy

Kyle Davies, the founder of collapsed crypto hedge fund Three Arrows Capital (3AC) says he has nothing to apologize for in a new interview on the latest episode of Unchained.

, by Tim Hakki

Bitcoin Spot ETFs Lose $326 Million In Largest Daily Outflow Since Launch

Bitcoin spot ETFs in the United States are showing signs of waning momentum after Tuesday marked their largest daily net outflow since launch. The ten funds suffered cumulative outflows worth $326 million, or 5,117 BTC in total. That’s the second day of outflows in a row, after losing...

, by Andrew Throuvalas

Hackers Take Over Crypto Hardware Wallet Trezor’s X Account – What’s Going On?

Crypto hardware wallet Trezor’s X account fell in the hands of hackers on Tuesday, sounding alarm to its 528,000 followers. The security breach is suspected to be a SIM-swap attack and according to reports, the compromised account began promoting a fake token sale. The fake ad post was...

, by Sujha Sundararajan

Apple Co-founder Steve Wozniak Victorious in Court Battle Against YouTube Over Bitcoin Scam Videos

Apple co-founder Steve Wozniak won his lawsuit against social media giant YouTube for the unintended use of his image in videos promoting a Bitcoin scam in 2020.A San Jose appeals court overturned a previous judgment that cleared YouTube of liability.Appeals Court Rules Against YouTube in Apple...

, by Hassan Shittu

Support Mounts for Coinbase as Industry Leaders Call on SEC to Draft Clear Crypto Regulations

Several supporters have joined Coinbase Inc. in its legal battle against the U.S. Securities and Exchange Commission (SEC) to urge the agency to reconsider its stance on crafting specific crypto regulations for the industry. Notable backers, including Paradigm, the Crypto Council for Innovation,...

, by Hassan Shittu

Solana Presale Scams Take a Toll as Meme Coin Season Continues

There has been a surge in presale scams amid the meme coin season on the Solana (SOL) blockchain, which continues in full force.In a recent post on X, crypto detective ZachXBT highlighted several presale coins that have raised concerns due to fraudulent activities and suspicions of being rug...

, by Ruholamin Haqshanas

British Virgin Islands Sets Sights on Becoming Global Hub for Digital Assets

The British Virgin Islands (BVI) is aiming to become a major hub for digital asset activities. To achieve this, the territory is working to execute rules and systems that would enable participation in the expanding digital asset market. Lorna Smith, Minister for Financial Services, Labour and...

, by Shalini Nagarajan

South Korean Political Parties Present Policy Promises as Crypto Investors Emerge Key Voting Group

With only three weeks remaining until the general election, South Korea's rival political parties are vying for support from crypto investors, who have emerged as a key voting group. According to local media outlet JoongAng Daily, the parties recognize the significance of addressing...

, by Ruholamin Haqshanas

SBF’s Legal Team Responds to Proposed 50-Year Sentence, Says It “Is Not Justice”

Lawyers representing former FTX CEO Sam Bankman-Fried, aka SBF, have criticized the government's proposal for a maximum sentence of 50 years in prison, saying it is "not justice."In response to the government's sentencing recommendation filed on March 15, SBF's attorneys, Marc Mukasey and...

, by Ruholamin Haqshanas

Blockchain Games Firm Sequence, Google Cloud Partner to Bring Web3 Gaming to Cloud

Blockchain-based Web3 game development platform Sequence is bringing Web3 gaming tools and solutions to Google Cloud users. In a strategic collaboration with Google Cloud announced Tuesday, Sequence aims to remove the complexity of Web3 technology by offering its full-stack gaming solution to...

, by Sujha Sundararajan

Playnance Introduces Gaming Layer-3 PlayBlock on Arbitrum Orbit

Playnance has announced the scheduled launch of PlayBlock, a Layer-3 gaming ecosystem developed on the Arbitrum Orbit. A press release shared with Cryptonews.com revealed that PlayBlock seeks to enhance Playnance's offerings in the web3 gaming space and attract over 10,000 of daily active users...

, by Hongji Feng

GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000

Bitcoin experienced a significant price collapse amid continued outflows from Grayscale's converted GBTC spot Bitcoin ETF. According to data from CoinMarketCap, the leading cryptocurrency dropped to as low as $60,800 on Tuesday, a 17% decline from its all-time high. The decline in Bitcoin...

, by Ruholamin Haqshanas

SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the spot Ethereum ETFs applications submitted by Hashdex and ARK 21Shares. According to details revealed in recent filings, the regulatory body is taking additional time to consider the potential impact and...

, by Hongji Feng

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