NewsRoom Articles - CryptoCurrencyWire

TuesdayApr 29, 2025 9:00 am

North Korean Operatives Are Using Fake American Companies to Lure Crypto Developers

North Korean hackers have reportedly managed to create two fake companies in the U.S., slipping past Treasury Department sanctions in an effort to target crypto developers with malware. The companies, Softglide LLC and Blocknovas LLC were registered in New York and New Mexico, respectively, using fake addresses and names. According to a Silent Push research cited by Reuters, Blocknovas was registered with an address in Warrenville, South Carolina, but when checked on Google Maps, the location turned out to be an empty piece of land. Meanwhile, Softglide’s registration is linked to a tax office based in Buffalo. A third company,…

FridayApr 25, 2025 9:00 am

EU Commission Unhappy as ECB Raises Concerns about Trump’s Impact on Crypto Laws

Tensions are rising between the European Commission and the European Central Bank (ECB) over whether the EU’s recent crypto regulations are tough enough to handle a potential surge in U.S.-backed digital currencies, especially with Donald Trump’s return to the White House. The ECB has warned that Trump’s strong backing of the U.S. crypto industry could bring financial risks to Europe, with the potential to spread instability. In a policy document, the Bank urged that the EU’s Markets in Crypto Assets (MiCA) regulation, which only recently took effect, needs to be urgently revised. The Commission, however, dismissed the ECB’s concerns, suggesting…

ThursdayApr 24, 2025 9:00 am

Could Bitcoin Be Gearing Up for a Rebound, or a Crypto Winter?

Bitcoin’s price currently sits around $83,794, slipping by 2.47% in the last 24 hours. Even with this short-term dip, it’s still showing gains of over 8% in the last week. At first glance, the drop might not seem significant, but there are growing signs that the market could be entering a deeper bearish phase—what many call a “crypto winter.” According to a recent update from Coinbase, multiple factors are putting pressure on the crypto space. Global trade tensions, weakening investor confidence in the stock market and a sharp drop in the broader crypto market (excluding BTC) are raising concerns. That…

TuesdayApr 22, 2025 9:00 am

China Unsure How to Deal with Seized Crypto from Criminal Actors

China is grappling with what to do about a growing stockpile of digital currencies confiscated in criminal cases. With cryptocurrency trading banned across the country, local governments are stuck figuring out how to deal with seized assets like Bitcoin. The lack of clear national rules on the matter has led to a mix of ad-hoc responses, which some legal experts warn could lead to shady practices and undermine trust in the system. Attorneys, judges, and law enforcement are now pushing for policy updates to bring consistency to how these digital coins are handled. If successful, such changes could significantly alter…

MondayApr 21, 2025 9:00 am

Critics Say Trump Family is Deepening Its Crypto Interests While Promoting Deregulation

Since Donald Trump returned to the White House, his administration has taken a friendly approach toward the cryptocurrency industry. Regulations have been scaled back, and this has coincided with the rapid rise of a crypto company called World Liberty Financial (WLF)—a firm in which the Trump family holds significant interests. This overlap between political decisions and personal financial gains has raised alarms among watchdogs and members of Congress, especially those concerned about ethics and economic risk. Trump has appointed individuals with strong ties to the crypto world to key roles, including leadership at the Securities and Exchange Commission (SEC) and…

ThursdayApr 17, 2025 9:00 am

Trump Signs Law to Void Expanded IRS Rule for Crypto Brokers

President Donald Trump recently signed a measure overturning a controversial IRS rule that would have expanded the definition of “broker” to include decentralized crypto exchanges. The rule, which the IRS finalized in late 2024 under the Biden administration, was set to take effect in 2026 and faced strong opposition from the crypto industry. It was introduced as part of efforts to tighten tax reporting requirements for crypto transactions, a move stemming from the 2021 Infrastructure Investment and Jobs Act. The regulation required crypto brokers, including decentralized finance (DeFi) platforms, to report user transaction data to both the IRS and asset…

TuesdayApr 15, 2025 9:00 am

The Risks of Crypto Self-Custody Are Increasing for Investors

Deciding whether to invest in crypto long-term is a big move, but figuring out how to store digital assets securely might matter even more. Recent wildfires in California have brought this issue into focus. Some crypto holders shared stories online about losing their Bitcoin after storage devices or metal seed phrase plates were destroyed in the fires. While individual claims can’t always be confirmed, the incident highlights the very real risks of managing your crypto. There are generally two types of crypto storage: cold wallets (offline) and hot wallets (online). The latter, like those offered byBlockchain.com or Coinbase Global Inc.…

FridayApr 11, 2025 9:00 am

Trump Admin Asks Prosecutors to Hit the Brakes on Crypto Enforcement

The federal government is making a significant shift in its approach to cryptocurrency by pulling back federal enforcement efforts and dissolving a unit specifically created to handle crypto-related crimes. A memo from Deputy Attorney General Todd Blanche states that federal prosecutors have been instructed to stop targeting crypto exchanges, offline wallets, and coin mixing services based solely on actions taken by users or unintentional violations of existing rules. According to the memo, the Justice Department (DOJ) will no longer act as a regulator for digital assets. It also announced the immediate dissolution of the National Crypto Enforcement Team (NCET). This…

ThursdayApr 10, 2025 9:00 am

Why the Crypto Market is Continuing to Slide

The cryptocurrency market remained under pressure on Monday, with Bitcoin slipping below $78,000 during early trading in Asia. Data from CoinGecko showed the top 10 digital assets all in the red. Altcoins were hit even harder—XRP, Ethereum, and Solana dropped sharply, falling 15.8%, 17.2%, and 16%, respectively, over the past day. The downward trend wasn’t limited to crypto. Asian markets also took a hit, with Japan’s stock market extending its decline, now down 8.5%, marking its weakest point since October last year. U.S. futures hinted at a 4% decline, and European stocks also slipped as investors shifted toward safer assets,…

TuesdayApr 08, 2025 4:13 pm

Bitcoin Events is Excited to Announce That the Highly Anticipated Strategic Bitcoin Reserve Summit is Just One Week Away!

Taking place virtually on April 15, 2025, this pioneering event will unite global financial leaders, policymakers, and industry pioneers to explore the transformative role of Bitcoin reserves in institutional finance. The summit features two distinguished keynote speakers who will address pivotal topics central to the emerging discourse on strategic Bitcoin reserves: Dr. Saifedean Ammous, renowned economist and author of The Bitcoin Standard, will deliver a keynote titled “The Evolution of Bitcoin”, exploring Bitcoin’s remarkable journey and its potential future as a global reserve currency. Prof. Dr. Naseem Naqvi, Founding President of The British Blockchain Association, will present “Bitcoin and Geopolitics:…