Waylon Wilcox, 45, from Dillsburg, Pennsylvania, has pleaded guilty to tax evasion after failing to report over $13 million in earnings from selling 97 CryptoPunk NFTs in 2021 and 2022. According to the U.S. Attorneys Office for the Middle District of Pennsylvania, Wilcox avoided nearly $3.3 million in taxes by not disclosing the income to the IRSmarking one of the first major U.S. tax cases involving NFT sales.

Cybercriminals are exploiting open-source repositories to launch malware attacks on Atomic and Exodus wallet users, with a focus on stealing private keys and draining funds. ReversingLabs, a cybersecurity firm, has identified a sophisticated campaign that injects malicious code into popular Node Package Manager (NPM) libraries disguised as tools like PDF-to-Office converters.

US Senators Sheldon Whitehouse and John Fetterman have introduced the Clean Cloud Act of 2025, a new bill aiming to curb carbon emissions from high-energy users like Bitcoin mining operations and AI data centers. With electricity consumption from these sectors surging, the legislation grants the Environmental Protection Agency (EPA) power to impose annual carbon performance standards on facilities exceeding 100 kilowatts of IT capacity.

As global economic uncertainty intensifies, investors are flocking to gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT), which have soared to all-time highs in 2025. PAXG is up 24.15% year-to-date, while XAUT has gained 23.7%, both mirroring the rally in spot gold prices that briefly surpassed $3,300 before easing to $3,265 and $3,244, respectively.

A local court in China recently sentenced nine Chinese fraudsters to prison terms over defraudign 66,800 Indians of about $6 million through USDT fraud. Notably, the scheme involved using translation and chat software to befriend foreigners, gain their trust and trick them into investment by defrauding their money.

Crypto markets have relatively fared better and have stayed surprisingly calm even while the traditional market reacted sharply to Trump's shifting tariff plans. However, Bitcoin fell over 2% on Sunday as markets struggled with uncertainty over the US China tariff concerns.

Bybit's CEO challenges misconduct allegations, market effects, and expert reactions.

Senators Sheldon Whitehouse and John Fetterman drafted the bill, seeking to curb emissions from crypto mining and AI data centers. The post US Senate Democrats Draft Bill to Curb Crypto Mining Emissions appeared first on Cryptonews.

PepeX's initial coin offering (ICO) has now surpassed $1,352,050 in funding, as interest accelerates in its fair-launch model aimed at everyday investors. Built on Solana, the PepeX platform is gaining ground at a time when Donald Trump's expanding presence in crypto—from NFTs to memecoins and stablecoins—is intensifying market speculation.

The SEC and Binance have jointly requested a 60-day extension in their ongoing legal dispute, while former CEO Changpeng Zhao has denied WSJ reports.

Key Point 1

Stablecoins, once confined to niche cryptocurrency conversations, are now part of mainstream financial discourse.

Elliptic, a blockchain surveillance firm, has expanded its coverage to include over 50 blockchain networks, a move aimed at improving its ability to track and analyze digital asset transactions.

A leading Russian economist has claimed that Moscow's crypto adoption may have played a key role in “stabilizing” the ruble in “recent months.” The post Russian Economist: Crypto Adoption May Be Driving Ruble Stability appeared first on Cryptonews.

Crypto markets have been fairly stable amid wider market panic caused by US President Donald Trump's “on-again, off-again” sweeping global tariffs, according to a New York Digital Investment Group (NYDIG) analyst.“Despite the carnage in traditional financial markets, the crypto markets have been relatively orderly,” NYDIG global head of research Greg Cipolaro said in an April 11 note.

Crypto scammers are sweeping through Hawaii with emotionally manipulative schemes that are draining millions from victims, exploiting fake friendships and fraudulent investments in digital currency.

Ethereum co-founder Vitalik Buterin argues it's Ethereum's application layer, not its infrastructure layer, where Ethereum needs “good social philosophy” the most. The app layer is where developers build decentralized applications on top of Ethereum's base infrastructure and where they make decisions about how these programs operate.

Binance co-founder Changpeng “CZ” Zhao has refuted claims that he agreed to testify against TRON founder Justin Sun as part of the settlement terms in his deal with the United States Department of Justice.

The crypto market kicked off the week with a sharp 3% dip. Bitcoin, Ethereum, and XRP are bleeding—while five altcoins crashed hard, with one losing over 80%.

Democratic Senators Sheldon Whitehouse and John Fetterman introduced the “Clean Cloud Act of 2025” this week, proposing regional emissions limits and financial penalties for cryptocurrency mining operations and artificial intelligence (AI) data centers that exceed environmental standards.

Binance has reportedly met with government officials to discuss relaxed regulation on the cryptocurrency exchange. The meeting between the company and representatives of the Treasury Department happened last month, The Wall Street Journal (WSJ) reported late Friday (April 11), citing sources familiar with the matter.

Phishing scammers have targeted Binance users in a new campaign using text messages. According to reports from users of the exchanges, the scammers are sending messages that look genuine.

Binance Futures introduces new perpetual contracts with significant market effects.

Most crypto AI adopters are trend-sensitive or tech-savvy, while mainstream users are yet to be fully convinced of its value.

Main event involves Changpeng Zhao disputing WSJ's allegations of collusion.

In the latest round of the Trump tariff saga that has economists around the world on the edge of their seats, the U.S. released updated guidelines on Friday exempting specific technology devices, such as laptops, smartphones, and machines needed to make semiconductors, from reciprocal tariffs imposed by the U.S.

New York lawmaker Clyde Vanel has introduced a legislative bill that would allow state agencies to accept cryptocurrency as a form of payment. This move marks the latest development in the US's favorable approach towards the crypto industry following President Donald Trump's inauguration in January.

Trump pardoned the BitMEX founders on March 28 and Silk Road founder Ross Ulbricht on January 21. There may be more in store for the crypto sector's bad boys.

Senate Democrats propose the Clean Cloud Act to regulate emissions from crypto and AI data centers. The bill mandates 100% renewable energy use by 2035, with annual emission cap reductions of 11%.

Executives at Binance reportedly sat down with Treasury Department officials in March to discuss the possibility of relaxing the US government's regulatory scrutiny of the world's largest crypto exchange.

Zhao Changpeng refutes allegations, emphasizing customer asset security and compliance.

Acquiring crypto wallet users through gaming and gambling campaigns is proving to be the most costly marketing strategy in the Web3 industry. The post Crypto Gaming and Gambling Are the Most Expensive Ways to Attract Wallet Users, Data Shows appeared first on Cryptonews.

The Trump family has made substantial investments in the cryptocurrency industry. What Happened: The Trumps' crypto investments span a wide range, including nonfungible tokens (NFTs), a decentralized finance project, a proposed stablecoin, Bitcoin mining, and a couple of meme coins.

Opinion by: Max Giammario, founder and CEO of Kindred The interfaces and user experience in Web3 tools are terrible, even more so when compared to their Web2 counterparts. This lackluster experience for Web3 is losing the attention of as many users as desired, and with how fast the ecosystem moves, these shortcomings are rarely paid attention to.

Cryptocurrency is still riding a wave of volatility, but that's never been a deal-breaker for young investors. Even as prices fluctuate and regulators weigh in, interest in crypto remains strong — especially among Gen Z.

BTC has recorded its largest drawdown of this cycle, and the Bull Score Index is currently at 10, with just one metric flashing positive signals.

France experiences a sudden surge in cryptocurrency interest as one-third of its population now intend to purchase digital coins in 2025. This represents a huge increase in potential adoption even after recent market slowdowns.

Malicious actors are now injecting malicious codes into legitimate projects to steal digital assets from unsuspecting users. According to reports, cybersecurity researchers have uncovered a sophisticated malware campaign that is targeting crypto users through compromised npm packages.

What if the next crypto surge isn't coming from the coins everyone's been screaming about, but from those solving real-life problems across South America and beyond? Lately, blockchain updates are pushing the limits of what was thought possible.

Dozens of Binance users report receiving an alarming wave of phishing text messages that appear genuine. These messages even match the phone number and SMS inbox they regularly see for official Binance updates.

In 2025's first quarter, we've seen a big shift in crypto's power dynamics. It's not just about cool tech or chasing quick profits anymore.

Today's edition of the crypto weekly recap covers the Trump administration's moves to benefit meme coins, Bitcoin, stablecoins and DeFi.

Stablecoin trading volumes skyrocketed following the confirmation of the end of currency control measures in Argentine markets. Local exchanges reported a 100% increase in trading volumes, initially driven by selling trends. However, by Saturday, buyers had taken control, leading to rising exchange rates.

The new United States stablecoin bill, known as the “Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act,” is a big move for safeguarding blockchain innovation in the US. Sponsored by Senator Bill Hagerty (R-Tenn.), it marks a rare moment of bipartisan support for establishing a clear regulatory framework for one particular facet of the digital assets industry: namely, an area that has potential to establish meaningful guidelines around licensing and oversight, transparency and reserve standards, and consumer protection and AML/KYC.

South Korean youth are abandoning their domestic stock markets at unprecedented rates, instead directing their investments toward US stocks and cryptocurrencies. Related Reading: Bitcoin's Impact Alarming, Says NY Atty.

Senator Tim Scott aims to pass a crypto market structure bill by August 2025. The Senate Banking Committee advanced the GENIUS Act stablecoin bill in March 2025.

Crypto no longer exists in a vacuum. It's now deeply tied to global policy and infrastructure strategy.

Bitpanda has announced that it has become the first major cryptocurrency exchange to secure the Markets in Crypto-Assets Regulation (MiCAR) license from Austria's Financial Market Authority (FMA).