cryptocurrency

Webull reported a record $198 million in second-quarter revenue. However, revenue generated from cryptocurrency trading accounted for only about $2.25 million of the quarter’s total revenue stream.

Cryptocurrency hardware wallet provider SafePal has issued a warning regarding a data breach impacting approximately 39,798 customers. The incident occurred after a flaw was exploited to steal customer order information. Furthermore, a threat actor is reportedly claiming to be selling this stolen data.

Alarm has been raised by legal and ethics experts and congressional Democrats regarding Trump's use of his second presidency to grow personal wealth. He reportedly reaped $2.2 billion in 2025 revenues through cryptocurrency holdings, foreign interests, and expanding Truth Social. Meanwhile, approximately one million investors suffered almost $3.8 billion in losses from a volatile crypto scheme.

Isle of Wight County officials warned residents about a specific scam targeting citizens. Scammers are impersonating sheriff's deputies to demand payments using cryptocurrency for alleged missed jury duties.

A medical student lost ₹50,000 in a cryptocurrency scam, which was meant to cover her hostel fees. The scam operated through a professional-looking platform requiring deposits and tasks for profit, but it froze her account after the payment. Legal advice suggests low chances of recovering the funds.

The IRS is improving its ability to detect cryptocurrency tax errors, while many investors struggle to calculate taxes on crypto transactions like bitcoin and ether.

The Senate is preparing for an August recess but faces urgent tasks including preventing a government shutdown, funding the Iran war, and regulating cryptocurrency. Lawmakers are under pressure to address these issues before time runs out.

Eric Halem, a former Los Angeles Police Department officer, was sentenced to life in prison for a 2024 home invasion robbery in which he stole $350,000 worth of cryptocurrency from a 17-year-old. The conviction involved a violent crime targeting a teenager's digital assets.

Eric Halem, a former LAPD officer, was sentenced to life in prison for a 2024 home invasion robbery in which he stole $350,000 worth of cryptocurrency from a 17-year-old. The conviction involved a violent crime targeting a teenager's digital assets.

The Nigerian government has issued guidelines for the taxation of cryptocurrency and virtual assets, aiming to provide taxpayer certainty, improve compliance, and integrate the growing virtual asset ecosystem into the tax system. Penalties are imposed for non-compliance.

A user was contacted by a representative from 'Catsy' offering remote work involving cash investments and optimizing product listings for payouts. The job required pressing a button on multiple listings, with higher payouts tied to investment amounts, and cashing out via cryptocurrency. The user expressed suspicion due to lack of testimonials or scam warnings about the company.

An FBI agent stole over $900,000 in cryptocurrency from accounts the agency was monitoring due to frustration with government inaction on crypto misuse. He used his agency access to transfer the funds to his personal account, leading to his arrest and termination. The FBI is investigating, and Yaroch allegedly sought advice from ChatGPT on relocating to an EU country with the stolen funds.

South African lawmakers are proposing draft rules to regulate cross-border cryptocurrency transactions. The initiative aims to establish a legal framework for international crypto activities within the country.

An FBI agent is accused of stealing cryptocurrency by making 10 to 12 withdrawals between late 2024 and early 2025 using a passphrase from a suspect’s account obtained during an FBI investigation.

A U.S. FBI intelligence agent was arrested in connection with the theft of $1 million in cryptocurrency. The incident involves an FBI-affiliated individual and a significant crypto fraud case.

Federal authorities charged an FBI agent described as 'frustrated' with stealing nearly $1 million in cryptocurrency from Russia. The agent is linked to the FBI.

A former FBI agent is accused of stealing nearly $1 million in cryptocurrency from wallets linked to FBI investigations and using ChatGPT for investment advice and relocation plans to Europe.

An FBI agent was arrested for allegedly stealing $1 million in cryptocurrency from adversarial accounts. The agent reportedly used ChatGPT to plan a vacation.

Hong Kong police reported that an insurance agent lost over $3.3 million in a romance scam involving a fake cryptocurrency investment scheme. The scam operated through a fraudulent crypto app that lured victims into investing.

Online advertising firm Adform experienced a supply-chain attack where cryptocurrency-stealing scripts were delivered to websites using its ad platform. The attack replaced wallet addresses copied to visitors' clipboards with attacker-controlled addresses.

Authorities released two ransom notes in the Nancy Guthrie disappearance case, with the first demanding $4 million in cryptocurrency and the second stating she died shortly after being kidnapped. The notes were sent to a Tucson television station, and authorities are analyzing their linguistic patterns to identify the writer, referencing a similar method used to catch the Unabomber.

Authorities released two ransom notes in the investigation into Nancy Guthrie's disappearance, with the first demanding $4 million in cryptocurrency and the second stating she died shortly after being kidnapped. The Pima County Sheriff’s Department is seeking public help to identify the writer based on linguistic patterns and is investigating doorbell camera footage linked to her abduction.

The US and 10 Asian and European allies warned companies against hiring North Korean IT workers, who use false identities to generate foreign currency for Pyongyang’s nuclear and ballistic missile programs. The alert highlights methods like identity impersonation, cryptocurrency, and AI tools to obscure activities, posing security risks including data theft and sensitive information breaches.

Senate Democrats are circulating polling showing negative voter perceptions of cryptocurrency compared to oil companies and Wall Street. The poll found 84% of Democratic primary voters view candidates backed by the crypto industry unfavorably. Lawmakers prepare for a vote on overhauling federal oversight of digital assets.

Quantum Solutions and Hyperscale Data are using cryptocurrency treasuries to fund AI data centers. This initiative combines blockchain technology with infrastructure development for artificial intelligence.

Bitcoin remains stable near $64,000 while the Kospi index experiences a record 17% surge, which has not affected the cryptocurrency market.

A Plantation photographer, Steve Lawson, faces federal charges after customs officers found child sexual abuse videos on his phone following a cruise. He admitted to purchasing the videos using cryptocurrency while in the Bahamas. Another man, Michael William Simmons, was also arrested after disembarking the same cruise for similar charges.

The article questions the future of the Clarity Act, a proposed cryptocurrency regulatory framework, and whether it is no longer viable. It focuses on implications for financial advisors navigating crypto-related compliance.

South Korea plans to implement a tax on cryptocurrency gains exceeding $1,740. The proposal is part of an ongoing political debate that has moved to parliament as lawmakers discuss its implications.

Crypto's resilience is being tested as oil prices rise following Iran's strikes, and the Federal Reserve indicates that interest rates may still increase.

A 67-year-old Florida man lost $700,000 to a 'pig butchering' scam after being convinced by a fraudster posing as 'Aileen' to invest in a fake gold market opportunity. The scam involved building a relationship through messages before exploiting his trust for cryptocurrency investments.

The article examines $972 million in crypto hacks from this year and analyzes what these incidents reveal about security vulnerabilities in the cryptocurrency sector.

Bitcoin and cryptocurrency prices fell below $63,000 as a stock-market correction in Asia, particularly affecting chip stocks, spread to Wall Street, causing a decline at the US market open.

A 32-year-old man, Yanling Xie, is charged with defrauding a Troy resident over $100,000 through an investment scheme involving fake artificial intelligence market predictions and cash/gold bar payments. The suspect was arrested after a sting operation, and the investigation into cryptocurrency-related fraud remains ongoing.

Barron Trump, 20, may be forced to testify before the House oversight committee regarding alleged connections to Andrew and Tristan Tate, who face allegations of rape, assault, trafficking, and child pornography offenses. The Tates, known for monetizing misogyny, were arrested in Miami and are fighting extradition to the UK. Barron, who has been promoting energy drinks and cryptocurrency ventures, is being called to testify by congresswoman Yassamin Ansari.

The article explains perps, short for perpetual futures contracts, as a popular trading instrument in the cryptocurrency market. It focuses on their role and mechanics in crypto trading.

Crypto steadies as a pause in tensions between Iran and the U.S. causes oil prices to decline, which in turn supports risk assets. The geopolitical development impacts energy markets and broader financial assets.

The article discusses interest rates in the U.S., U.K., and Japan, along with Coinbase and Strategy earnings as key factors influencing the upcoming week in cryptocurrency markets.

Ether is leading cryptocurrencies higher, while China's gold imports have surged. The updates highlight significant movements in both crypto and gold markets.

Experts compare cryptocurrency to a canary in the coal mine, suggesting it may serve as an early warning system for threats posed by quantum computing. The article highlights that vulnerabilities in crypto could signal broader risks from advancing quantum technologies.