OpenAI faces IRS complaint over alleged tax violations
The Midas Project has filed a complaint with the IRS against OpenAI, alleging that CEO Sam Altman’s dual roles create conflicts violating nonprofit tax rules.
Posts published by Cointelegraph.com News 12/846
‘Bears in disbelief’ — $1B in crypto shorts wiped as Bitcoin pumps
Approximately 232,149 traders have been liquidated over the past 24 hours as the crypto market rallied to new highs.
Investors are balking at ‘excessive’ Bitcoin miner exec pay: VanEck
Bitcoin mining executives’ huge pay packages are weakly aligned with shareholder interests, according to new research from VanEck.
Pump.fun buys Kolscan in first acquisition, eyes gamified trading
Memecoin creation platform Pump.fun has made its first acquisition, buying the wallet-tracking project Kolscan ahead of its $1 billion ICO.
Florida probes Robinhood’s crypto trading promotion
Lucas Moskowitz, Robinhood’s general counsel, told Cointelegraph that the platform’s “disclosures are best-in-class,” and “customers can trade crypto at the lowest cost on average”.
SUI bullish chart pattern confirmation sets breakout target at $3.89
SUI broke out of an inverse head-and-shoulders pattern, opening the door for a rally to $3.89.
US Senate confirms ex-Bitfury exec to lead OCC banking regulator
Jonathan Gould will return to the OCC as Comptroller of the Currency to serve a five-year term following his nomination by US President Donald Trump.
Crypto scammer's sentence bumped to 12 years from 18 months for welshing on debt
Nicholas Truglia was initially sentenced to 18 months behind bars for carrying out SIM-swapping attacks against crypto investors.
ETH maxis scream for $3K, but data shows pro Ether traders cautiously positioned
Ether price rallied to $3,000, but the key components needed to hold the level are still missing.
Why I won't invest in companies that ignore AI — Kevin O'Leary
Ignoring the reduced customer acquisition costs made possible by AI places businesses at a significant disadvantage, O'Leary said.
Bitcoin price expected to accelerate if daily close above $113K is secured
Bitcoin's market structure and the recent rally to new highs suggest an accelerated phase of price discovery has just begun.
Roman Storm’s lawyers signal continuance if court allows hacker’s testimony
The Tornado Cash co-founder is scheduled to go to trial on Monday, but his defense attorneys are still waiting on rulings for motions over witnesses in the case.
Threat actors using 'elaborate social engineering scheme' to target crypto users — Report
Social engineering scams, from the Meeten campaign to fake crypto support scams, have become a troubling occurrence in crypto.
Coinbase partners with Perplexity AI for real-time crypto prices
Coinbase market data will power the AI “answer engine” in a two-phase rollout, starting with COIN50 index prices.
Bitcoin price likely to hit $130K before serious profit taking kicks in
Soaring capital inflows and an uptick in Bitcoin wallets identified as “accumulators” suggest BTC price is on a path to $130,900.
ETH news update: Ether treasury purchases could trigger rally to $3K
Ether price chases $3,000 as trading sentiment turns bullish amid multiple corporate ETH treasury announcements.
10 public companies that quietly turned their balance sheets into Bitcoin treasuries
While headlines focus on giants like Strategy and Tesla, companies like Aker ASA, Méliuz and Rumble have quietly added BTC to their balance sheets.
Bitcoin hits $113.8K all-time high as liquidity influx backs BTC price discovery
Bitcoin price set new highs above $113,800 as stablecoin reserves surged and retail investor-driven selling subsided.
US lawmakers to discuss crypto tax policy amid push to pass three bills
The hearing notice suggested a focus on a tax framework for digital assets, but did not mention specific witnesses or policies previously proposed.
Japan’s Gates to tokenize $75M in Tokyo real estate on Oasys blockchain
Gates Inc. and Oasys’s partnership is one of Japan’s largest real estate tokenization projects, with phase 1 aiming to expand liquidity to $34 billion.
US sees stablecoins as key to preserving the dollar’s reserve status — Sygnum
US President Donald Trump and members of his administration have pushed for the passing of the GENIUS Act, which would regulate stablecoins in the US.
India’s Bitcoin crossroads: Will it add BTC to national reserves?
As the US and others explore Bitcoin reserves, India faces a pivotal choice: Can BTC boost macro resilience and digital leadership?
Trump’s crypto agenda favors elites, not the everyday user
Donald Trump’s crypto agenda claims to champion financial freedom, but the real beneficiaries are political insiders and wealthy elites.
Bit Mining surges 350% on pivot to Solana, plans $300M token treasury
Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem.
Jack Ma-backed Ant Group eyes USDC stablecoin for own blockchain: Report
Ant Group is reportedly working with Circle to integrate USDC into its blockchain platform once the stablecoin achieves regulatory compliance.
Stablecoin startup Agora secures $50M investment led by Paradigm
Agora, founded by Nick van Eck, aims to boost adoption of its white-label stablecoin platform with $50 million from Paradigm and Dragonfly.
Is privacy crypto’s last stand? Industry experts on the legal battles ahead
Coin Center’s Peter Van Valkenburgh says crypto is at a crossroads, and urges policymakers to protect privacy and defend decentralized networks from overreach.
Malta’s MiCA licensing comes under scrutiny from EU regulator
Malta’s MFSA only “partially met expectations” in the MiCA authorization process for a specific CASP, according to the EU securities regulator.
Researchers foil $10M DeFi backdoor in thousands of smart contracts
The Venn Network team suspects the threat was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment.
Coinbase unlocks off-exchange settlement for institutions amid ‘high’ demand
Coinbase has partnered with Copper to offer off-exchange settlement via ClearLoop, aiming to meet growing institutional demand for secure crypto trading.