XT exchange suspends withdrawals after reported $1.7 million hack
A statement from XT this morning claims the exchange suffered an “abnormal transfer” of crypto from its platform wallet with the address 0xdb3ded7731c781224ec292e2163d9554c094fd7c.
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What happens if MicroStrategy can’t sell enough bitcoin to repay lenders?
Some people believe MicroStrategy’s bitcoin can’t be liquidated… but there’s no free lunch on Wall Street. Source link
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Binance whistleblower lawsuit reveals ‘chaotic’ work environment
A former Binance exec is suing the crypto exchange’s European arm, accusing it of unfair dismissal after calling out an alleged bribery. Source
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Putin signs law deeming crypto as property exempt from VAT
Crypto traders in Russia will pay 13% in personal income tax up to 2.4M rubles ($22K) but will enjoy 0% on VAT. Source
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Craig Wright COPA appeal rejected by UK court as meritless
Craig Wright’s appeal in its case against COPA was “totally without merit” and contained “multiple falsehoods,” a judge ruled. Source link
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Justin Sun advised to change his $6M banana every 7-10 days
The fine print of Justin Sun’s $6.2 million banana artwork means he can eat it as many times as he wants, so long
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MicroStrategy must perform today for its NASDAQ 100 snapshot
Today is the snapshot date for MicroStrategy to qualify for the NASDAQ 100 (QQQ) index. Next, MSTR must pass an annual committee review.
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Justin Sun’s memecoin platform Sun Pump launches 4 coins a day
Justin Sun’s memecoin launcher Sun Pump managed to launch just 38 tokens yesterday compared to 51,000 on Pump Fun. Source link
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CHART: How bitcoin and crypto are taxed across the G7
As Donald Trump gears up for a second term, crypto tax rates across the G7 may change. Here’s where they currently stand. Source
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No, Tesla did not buy more bitcoin last quarter
Despite today’s rumors, Tesla didn’t suddenly disclose an extra 1,789 bitcoins in its latest quarterly filing. Source link