Indian authorities uncovered $97 million in unpaid GST from crypto exchanges, with Binance owing $85 million. The government is cracking down on tax evasion, while Binance faces mounting global challenges, including regulatory issues in multiple countries.
WeatherlyPresident Putin has called Bitcoin "unstoppable" and expressed confidence in crypto's growth, regardless of the US dollar's future. Russia is advancing digital asset adoption with a new crypto law, VAT exemptions for mining, and exploring crypto payments.
CatherineApple is partnering with Baidu to integrate AI into iPhones in China, but the collaboration faces challenges with Baidu's AI models struggling to meet user expectations and privacy concerns over data handling. Despite these issues, Apple continues to fund Baidu’s AI development to enhance the experience on its devices.
AnaisBitcoin hit a new all-time high today, surpassing $103,000, driven by strong market sentiment, especially after Donald Trump’s election victory. The cryptocurrency has surged 126% since the start of 2024. Could 2025 be an even stronger year for Bitcoin?
KikyoA 19-year-old hacker, Remington Ogletree, is accused of working with the cybercrime group Scattered Spider to hack telecom companies and a US financial institution, causing $4 million in damages. He allegedly used phishing and SIM-swapping to steal data and cryptocurrency, highlighting the growing threat of cybercrime.
WeatherlyCrypto founders secured nine spots in Forbes' 2025 “30 Under 30” finance list, highlighting blockchain's rising impact on finance. Will the time come when crypto pioneers dominate the list entirely?
CatherineOpenAI has partnered with Anduril to integrate AI into military systems, focusing on countering drone threats. This marks a shift for OpenAI, which previously avoided military applications, as it works with defence contractors to improve national security technology.
AnaisHailey Welch's $HAWK memecoin quickly soared to a $500 million market cap before crashing by 91% within hours, sparking suspicions of insider trading and potential fraud. The controversy has led to calls for legal action, with investors questioning whether the project was a scam.
WeatherlyBitcoin surpassed $100,000 on 5 December, driven by growing optimism following Trump’s pro-crypto appointments, including Paul Atkins for SEC Chair. This milestone signals investor confidence in a crypto-friendly future under Trump’s upcoming administration, which takes office on 20 January 2025.
JoyThe SEC has intensified its legal action against Binance and former CEO Changpeng Zhao, accusing them of operating as an unregistered securities exchange. This follows an amended lawsuit claiming the sale of unregistered cryptocurrencies like Solana and Cardano on their platform.
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