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IRS vs. Bitcoin Jesus: A $48 Million Tax Dispute
By @FinTax_Official The article focuses on the tax case of Roger Ver, known as "Bitcoin Jesus". In 2024, the IRS accused him of evading $48 million in taxes after he renounced U.S. citizenship. His legal team filed a motion in December 2024 to dismiss the charges, citing unclear tax laws and improper prosecution. The court will review it in February 2025. The case highlights tax risks in crypto. With strengthened international tax cooperation and advanced blockchain tracking technology, offshore tax evasion has become harder. Read more — link : Wu Blockchain News
From Academic Ivory Towers to Decentralized AI Innovation：An Interview with OORT Founder Dr. Max Li
Dr. Li initially engaged with blockchain while teaching at Columbia. His work led to OORT's creation in 2021, aiming to solve students' high-cost computing issues by pooling idle resources. OORT offers three core products: Storage, DataHub, and Compute. It addresses technical hurdles such as ensuring performance parity with centralized clouds by using fragmented encryption and advanced algorithms. Read more — link : Wu Blockchain News
Crypto trading outpaces Tradfi. Coinbase captures 11% of global exchange revenue, DEX hits 5%, CEX/DeFi growth 2.5–4x faster, eyeing $749b market cap vs tradfi’s $610b by 2025. - 𝕏/@Jamie1Coutts : Leviathan News
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🚨 🚨 🚨 16,000 #ETH (64,128,528 USD) transferred from #Binance to Binance Beacon Deposit
Details : Whale Alert
Sarah Knafo, a member of the European Parliament, gave a pro-Bitcoin speech in the European Parliament, calling for the establishment of a "Bitcoin strategic reserve" while opposing the digital euro. She believes that Bitcoin's decentralized nature, limited supply, and growing adoption make it an attractive option for governments to diversify their reserves and hedge against economic uncertainty. — link : Wu Blockchain News
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SEC issues Wells Notice to CyberKongz, citing securities violations; project warns of major implications for blockchain gaming and tokenized ecosystems. - 𝕏/@CyberKongz : Leviathan News
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Ethereum’s top 104 whales now dominate 57% of the total supply, holding $333B in ETH, reflecting surging confidence in the network. - 𝕏/@santimentfeed : Leviathan News
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Mt. Gox moves $172M in Bitcoin as BTC hits $106K ATH, with $4B still held; market shrugs off transfer impact. - intel.arkm : Leviathan News
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Ethereum faces cultural crossroads as Max Resnick’s departure sparks governance tensions, dissent backlash, and exposes fractures in the community’s social layer. - Blockworks : Leviathan News
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Avalanche9000 upgrade goes live, slashing L1 deployment costs by 99.9% and streamlining subnet launches, paving the way for hundreds of new Avalanche blockchains. - 𝕏/@avax : Leviathan News
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The Hong Kong government announced that it has told the OECD Global Forum on Transparency and Effective Exchange of Information for Tax Purposes that Hong Kong is committed to implementing a crypto asset reporting framework to improve international tax transparency and combat cross-border tax evasion. The initial plan is to complete the required local legislative amendments by 2026 or earlier, and to conduct the first automatic information exchange with relevant tax jurisdictions under the reporting framework starting in 2028. — link : Wu Blockchain News
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🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 70,000 #ETH (281,045,876 USD) transferred from #Binance to Binance Beacon Deposit
Details : Whale Alert
🚨 🚨 🚨 483 #BTC (51,906,633 USD) transferred from unknown wallet to #Binance
Details : Whale Alert
🚨 🚨 🚨 🚨 🚨 999 #BTC (106,862,000 USD) transferred from unknown wallet to unknown wallet
Details : Whale Alert
🚨 32,262,792 #XLM (13,819,165 USD) transferred from #Binance Withdrawals to Scam
Details : Whale Alert
🚨 🚨 🚨 🚨 🚨 1,000 #BTC (107,071,097 USD) transferred from unknown wallet to #Kraken
Details : Whale Alert
🚨 🚨 🚨 🚨 🚨 1,000 #BTC (107,098,453 USD) transferred from unknown wallet to unknown wallet
Details : Whale Alert
Binance announced the Binance Alpha, a new platform within the Binance Wallet that shines a spotlight on early-stage crypto projects with the potential to grow within the Binance ecosystem. Some tokens showcased on Binance Alpha may even be considered for listings on the Binance Exchange in the future. From December 18th to December 20th, Binance will announce 5 projects every day. — link : Wu Blockchain News
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Bybit announced that it will terminate withdrawal and custody services in France starting January 8, 2025. Bybit will initiate a transfer of any remaining funds to Coinhouse (a regulated French crypto asset platform). — link : Wu Blockchain News
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🚨 🚨 🚨 🚨 864 #BTC (92,476,995 USD) transferred from #Coinbase to unknown wallet
Details : Whale Alert
The multi-signature address 0xbC...fbC3 suspected to be the Ethereum Foundation transferred two ETHs around 18:02 today. One of them was 100 ETH, which was sold at an average price of $4,024.73, and sold for 402,473 DAI. Another 200 ETH was transferred to other addresses of the Ethereum Foundation. According to Onchain Lens statistics, the Ethereum Foundation has sold a total of 4,466 ETH this year, worth $12.6 million. — link : Wu Blockchain News
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LastPass hackers drain $5.36M from 40+ wallets, swapping ETH for BTC; breach stems from 2022 data theft, says ZachXBT. - t.me : Leviathan News
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Ethereum ETFs surge with $51M inflows, led by BlackRock’s ETHA at $30.7M, marking 16 consecutive days of growing investor confidence. - Cryptonews : Leviathan News
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Lido begins phased shutdown of Polygon PoS staking, ending deposits and allowing withdrawals until June 16, 2025. - blog.lido.fi : Leviathan News
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19,068,912 #XLM (8,633,916 USD) transferred from #Upbit Deposits to unknown wallet
Details : Whale Alert
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 64,400 #ETH (258,651,323 USD) transferred from #Binance to Binance Beacon Deposit
Details : Whale Alert
🚨 🚨 🚨 🚨 🚨 🚨 🚨 166,858,559 #USDT (166,663,334 USD) transferred from #Binance to unknown wallet
Details : Whale Alert
Lido announced on Monday that it would stop staking services for Polygon and notified users that they could withdraw funds before June 16, 2025. Several factors prompted Lido to decide to shut down the staking service for the Polygon PoS chain, including limited user adoption and insufficient rewards. — link : Wu Blockchain News
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Lido begins phasing out staking service for Polygon PoS chain — link | tl;dr : unfolded. DeFi
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🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 69,300,000 #XRP (175,875,867 USD) transferred from unknown wallet to #Binance
Details : Whale Alert