CRYPTO

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Oct 07 2024CRIME

When Crypto Goes Physical: A Gang's Ruthless Home Invasion Spree

Have you ever thought about the dark side of cryptocurrency? It might surprise you to know that it isn't just hackers who want a piece of your digital cash. Meet Remy Ra St. Felix, a 24-year-old from Florida, and his gang. They didn't sit behind computers to steal crypto. Instead, they invaded homes

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Oct 07 2024TECHNOLOGY

Crypto Tax Rules Are Here: What You Need to Know

Imagine this: you're a crypto trader, and suddenly the US Treasury drops new rules on you. Starting in 2026, your broker will have to report your transactions from 2025 to the IRS. This means if you traded any cryptocurrency like Bitcoin or stablecoins (which track real money), you'll get a form cal

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Oct 07 2024FINANCE

Stocks in Motion: Big Winners and Losers on Monday

Let's talk about stocks that made big moves on Monday. The day started with stock futures going up slightly, kicking off the third quarter of 2024. Spirit AeroSystems (SPR) had a fantastic day, jumping over 8% after Boeing announced they'll buy the company for around $8.3 billion. This is a big deal

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Oct 07 2024FINANCE

Crypto Taxes: The US Treasury Tightens Rules for Traders

Are you a crypto trader? The US government is about to make your life a little different. The Treasury Department and IRS have rolled out new rules that will change how cryptocurrency exchanges operate, especially when it comes to taxes. From now on, if you use a centralized exchange like Coinbase,

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Oct 07 2024FINANCE

Crypto Tax Rules Are Here: What Investors Need to Know

The IRS has finally released their long-awaited tax reporting guidelines for digital assets. This means crypto investors need to get ready, as changes are coming soon. Starting in 2026, brokers will have to report gross proceeds from sales made in 2025 using a new form called 1099-DA. A year later,

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Oct 07 2024TECHNOLOGY

LEGO Shop Hack: What You Need to Know

Ever visited a website and thought, “Something’s not right here”? That might have been the case for some LEGO fans this weekend. A mysterious banner popped up on the LEGO Shop claiming that the toy giant was diving into the world of cryptocurrency with something called "LEGO Coin." But don't be fool

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Oct 07 2024POLITICS

Trump Woos Crypto Investors with Promise of Easier Rules

In the heart of progressive San Francisco, a unique event unfolded on a June evening: a high-stakes Republican fundraiser at venture capitalist David Sacks' mansion. The guest of honor? Former President Donald Trump, who pledged to loosen crypto regulations if elected in November. Trump promised to

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Oct 07 2024POLITICS

Trump's Crypto Flip: From Critic to Champion

Imagine this: the former president who once criticized Bitcoin as a "scam" is now eager to be known as the "crypto president." This shift in Donald Trump's stance is fascinating, especially as the 2024 election approaches. Political spending by the crypto industry has made it a hot topic for both ma

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Oct 07 2024FINANCE

Bitcoin's Bright Future: Why Anthony Scaramucci is Bullish

Anthony Scaramucci, the founder of Skyridge Capital, is optimistic about Bitcoin's future. He believes several factors could push the cryptocurrency's price to $100,000 or even higher by the end of the year. Despite recent drops, Scaramucci sees a strong comeback ahead. One reason for Scaramucci's

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Oct 07 2024BUSINESS

Crypto Theft: A $1. 38 Billion Surge in 2024

Hackers have been on a roll this year, stealing twice as much cryptocurrency in the first six months of 2024 compared to the same period in 2023, according to a recent report by TRM Labs. The total loot now stands at a whopping $1.38 billion, with a few massive heists making up most of that amount.

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