May 5, 2025

Currencies u0026 Foreign Exchange

Crypto

Crypto scams result in $1.2 million lost in Springfield in 2024

What is cryptocurrency? How it works Cryptocurrency is a form of digital currency that uses cryptography for security and operates independently of central banks. Springfield, Missouri, police received reports of over $1.2 million in cryptocurrency scam losses in 2024, with only $109,000 recovered. Police warn residents to be aware of common scam tactics like guaranteed

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Crypto

How This Crypto Lawyer Changes Investing

Kody Boye  |  Contributor For many years, speculation, hype, and false information have dominated the cryptocurrency investing market. Although the industry has given some investors returns that have changed their lives, many others have lost a lot of money because of volatility, fraud, and poor financial advice. The issue? Most cryptocurrency education is either overly

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Crypto

Three ways tariffs could upend the crypto market in 2025

Dominic Basulto  |  The Motley Fool Trump’s cryptocurrency sees 70% value jump after VIP dinner offer The value of Trump’s meme coin has seen a huge value increase as he prepares to host two special events for its top investors. Crypto trading platform Coinbase revealed that ‘$Trump’ soared after he announced that 220 of its biggest

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Banking

Banking regulators scrap crypto-warnings, encourage innovation

Trump’s crypto project says it sold $550M in tokens Donald Trump’s World Liberty Financial crypto project announced it raised $250 million in its second token sale, bringing total sales to $550 million. Cheddar U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities. The Federal Reserve said it was

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Crypto

Ohio takes step toward accepting Bitcoin, cryptocurrency for fees

Want to set up a new business or pay a Bureau of Motor Vehicles fee? You might soon be able to pay in Bitcoin or other cryptocurrency Trump signs order establishing strategic Bitcoin reserve President Trump signed an order Thursday to create a federal Strategic Bitcoin Reserve, signaling new federal support for cryptocurrency in general

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Crypto

WIN bill aims to boost cryptocurrency business, education in Wisconsin

Trump signs order establishing strategic Bitcoin reserve President Trump signed an order Thursday to create a federal Strategic Bitcoin Reserve, signaling new federal support for cryptocurrency in general and Bitcoin in particular. Scripps News Could Wisconsin become a cryptocurrency hub? A proposed bill authored by state Sen. Dora Drake, a Democrat from Milwaukee, announced last

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Crypto

Will Crypto Markets See Continued Growth in 2025?

Chris Gallagher  |  Contributor Cryptocurrency saw swift growth in 2024, particularly in the fourth quarter–but the question of whether this trajectory will continue through 2025 remains unsolved. The first quarter of 2025 has already seen high volatility and fluctuation, with crypto prices hitting a high at the start of March only to plummet a few

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Crypto

Should I report crypto, Bitcoin, NFTs on my taxes? Steps, what to know

Most meme coins not under SEC jurisdiction: Peirce Head of the SEC Crypto Task Force and SEC Commissioner Hester Peirce gives her take on meme coins and says the SEC will look at the facts and circumstances, but says most meme coins probably don’t have a home in the current set of regulations. Bloomberg Digital

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Crypto

Noah Urban of Palm Coast pleads guilty cryptocurrency theft

Noah Michael Urban, 20, faces decades in federal prison and has agreed to make restitution of more than $13 million. He has yet to be sentenced. A Palm Coast man who called himself “King Bob” has pleaded guilty to charges in Florida and California for his role in a cryptocurrency heist and hacking cases; he faces decades

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Crypto

West Texas Helios facility leased to Nvidia-backed CrowdWeave

Google hopes users harness power of AI to protect against cybercriminals Google is reportedly testing a new AI feature to generate passwords for compromised accounts through artificial intelligence. Straight Arrow News A major shift is beginning in Dickens County, with a highly touted cryptocurrency mining operation taking steps to become a more expansive data center.

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