What happens if you don’t pay taxes on your crypto holdings?

Key Takeaways A North Carolina resident lost $3 million in XRP due to a hack of his Ellipal hardware wallet. Stolen XRP was dispersed across hundreds of wallets to obscure the trail, highlighting self-custody risks. Share this article A retired man claims he lost his entire crypto savings after his Ellipal cold wallet was hacked…

UNI rallied 17% to $7.67, flipping its $7.5 resistance and posting a two-month price high. A golden cross near $7.818 may validate the uptrend—failing to hold $6.87 could trigger a retrace. Over the past day, Uniswap [UNI] made a strong upswing on its price charts. UNI has surged from a low of $6.2 to a…

Tether is reportedly looking to tap a Big Four auditor for its U.S. dollar pegged stablecoin’s reserves. According to Paolo Ardoino, the chief executive officer of Tether, the company is “engaging” one of the top accounting firm in the world with a view to getting its Tether (USDT) reserves audited. Reuters highlighted this development in…

Taiwan has accelerated the introduction of its regulatory Anti-Money Laundering (AML) framework for crypto businesses. The new regulations, set to start nearly a month in advance, require Virtual Asset Service Providers (VASPs) to comply with the registration mandate to prevent stricter penalties. Taiwan Fast-Tracks New AML Mandate Taiwan’s Financial Supervisory Commission (FSC) recently announced it…

In a recent interview with Fox Business, Ripple CEO Brad Garlinghouse praised Trump’s potential impact on crypto. Specifically, he claimed that US assets like XRP have been surging since the election, and the future of friendly regulation holds massive investor potential. Garlinghouse also stated that the US crypto industry has unlocked $800 billion in value…