IRS secures first crypto tax fraud conviction, setting legal precedent
For the first time, the IRS has successfully prosecuted a case of tax fraud solely involving crypto. The U.S. Internal Revenue Service has won a major victory, setting a legal precedent in the fight against crypto-related tax fraud. In December 2024, Frank Richard Ahlgren III was sentenced to two years in prison and fined $1.1 […]
Global M&A to exceed $4 trillion in 2025, setting the stage for crypto’s consolidation wave
The crypto industry, valued at $3.6 trillion, is gearing up for its first major M&A phase as global dealmaking to surge over $4 trillion in 2025. Change is coming The global economy is preparing for a year of intensified dealmaking, with mergers and acquisitions (M&A) expected to surpass $4 trillion in 2025 — the highest […]
Binance achieves 250m users, setting sights on 1b in 2025
Binance maintains its dominance in trading volume, outpacing competitors while navigating complex regulatory landscapes. Binance, the world’s largest cryptocurrency exchange by trading volume, has reached a milestone of 250 million users. 1 billion users is the benchmark for mass adoption, and today we’ve reached an incredible milestone: 250M users—one quarter of the way there! Crypto […]
Bitcoin unfazed by $14B option expiry setting $110K BTC target
Bitcoin remained resilient despite the options expiry, peaking above $97,330 one hour after the year’s last options expiry event. Source link
First VR developer integrates with OpenAI setting stage for no-code VR development
Victoria VR’s new AI builder platform enables users to create virtual reality experiences and entire metaverses, without any programming skills. Source link
