Bitcoin, the first cryptocurrency created, has changed the landscape of digital currencies forever. Its truly innovative technology has a false promise that comes with a hidden cost and that’s something to pay attention to. While many discuss the potential financial gains, Tran Quoc Duy believes it's crucial to expose the...
UK authorities recently moved to shut down an illegal Bitcoin mining operation in Bradford. This operation represents both the massive energy footprint of cryptocurrency as well as the regulatory challenges it poses. Their operation was based in an industrial estate, but they had been illegally and dangerously stealing electricity at...
Bitcoin has a reputation for being volatile. Now, it’s starting to show signs of maturity as dormant wallets come back to life, holding large quantities of the cryptocurrency. These reactivations, combined with new legislation, may portend major changes in the crypto market and raise potential regulatory red flags. Recent activity...
The Treasury Inspector General for Tax Administration (TIGTA) specialize in them, just released their latest report. It underscores major shortcomings in the Internal Revenue Service Criminal Investigation (IRS-CI) unit’s management of seized digital assets. Making matters worse, the investigation uncovered serious inventory management, documentation, and valuation errors that further called...
Robinhood’s going all in on the crypto staking game with ETH and SOL. On one hand, they’re courageous trailblazers creating a more equitable landscape, but on the other, they’re foolhardy risk-takers courting catastrophe. Far from being too rosy, I say, let’s pump the breaks on the doom and gloom.Staking: Wall...
Bloomberg Intelligence analysts now see a high probability that exchange-traded funds (ETFs) get approved for multiple altcoins. They are counting on this reaching completion by the end of 2025. DOGE, ADA, DOT, HBAR and AVAX are among the digital assets expected to pass approval. These cryptocurrencies are some of the...
Okay, folks, let's get real. Forget the hype, forget the noise. A Solana ETF approval isn't just another green light in the crypto world. It's a seismic shift. Why? Because it’s personal, because it’s empowering all of us investors, because it’s revealing the real power of this revolutionary technology. I'm...
The battle over the environmental effects of cryptocurrency mining is getting hot. Currently, in New York State, ambitious climate goals are running up against the energy-intensive needs of crypto operations. Greenidge Generation, a gas-fired power plant that has recently pivoted to primarily focus on Bitcoin mining, sits in the middle...
At its inception, the crypto world sold us a dream of decentralization, empowering everyone and escaping the grasp of big finance. Today, it all seems like the digital Wild West. After all, fortunes can go up in smoke quicker than you can say “rug pull!” We’ve all heard stories from...
California, the state of innovation and tech dreams, is going all-in on crypto with Assembly Bill 1180. The goal? To become the most crypto-advanced state in the US. Ambitious, right? So, the question is, real stroke of genius here, or are we just getting ready to see a regulatory train...
