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Solana co-founder’s data exposed in Migos Instagram hack tied to 40 BTC ransom

Posts revealed passports, phone numbers, emails, and a contact named “Arvind”. ZachXBT says attackers used social engineering to gather Gokal’s information. Meta removed the posts 90 minutes after the account was compromised. In a serious cybersecurity breach, Solana...

Huobi HTX Lists MOONPIG and Adds Margin Trading: Guest Post by Tokentopnews.com

Huobi HTX lists MOONPIG in Innovation Zone, introduces MOONPIG/USDT margin trading. Read original article on tokentopnews.com

Japan Cedes Top Creditor Status to Germany Amid Currency Changes: Guest Post by Coincu

Japan loses its 34-year status as top creditor to Germany, influenced by yen depreciation and Germany's surplus. Read original article on coincu.com

Metaplanet’s Bitcoin 'premium’ nears $600k per BTC

Japanese investment firm Metaplanet’s Bitcoin premium is almost $600,000 per coin, as Asia’s leading Bitcoin treasury firm pushes forward with its plan to purchase 21,000 BTC by 2026.Metaplanet’s stockholders are paying a more than fivefold premium on Bitcoin’s (BTC)...

Best crypto presales to watch amidst Trump Media’s plans of investing billions in crypto

Bitcoin remains in focus this week following news that Trump Media is considering raising up to $3 billion to invest in cryptocurrencies. Reportedly, the company behind Truth Social will raise some $2 billion via new equity and the rest through convertible bond. The...

Last chance to buy Bitcoin Pepe: 4 days left before exchange debut

Token price is now $0.0377, with each stage pushing the price 5% higher. It’s the first meme coin ICO ever built on Bitcoin’s Layer 2. PEP-20 token standard allows meme coin trading directly on BTC. Bitcoin Pepe is rapidly reshaping the meme coin landscape with its...

Bitcoin Wallet Firm Exodus Unveils Crypto Debit Card With Baanx

U.S.-listed Exodus Movement (EXOD), a self-custody wallet firm specializing in bitcoin and other cryptocurrencies, has unveiled an Exodus debit card in partnership with Baanx, a crypto card enabler that works with Mastercard and Visa.
Through the Baanx partnership, Exodus users can spend their crypto on everyday purchases such as travel, online shopping, and anywhere Mastercard is accepted, the firms announced at the BTC Vegas conference on Tuesday.

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Bringing debit card functionality to self-custody crypto holders is a fast-growing subset of the digital assets space, attracting a range of popular platforms such as Ethereum wallet firm MetaMask, decentralized finance firm 1inch and most recently, Sam Altman’s World Network.
Beta testing of the virtual Exodus card begins at BTC Vegas, starting with the two major stablecoins, USDT and USDC, which users can instantly swap for bitcoin and other major cryptos inside the Exodus wallet. A wider rollout to the six million or so Exodus users will happen later this year, said Exodus CEO JP Richardson.

“If you consider there are 1.7 billion people who are unbanked out there, well now they don’t need a bank account because they can use something like this,” Richardson said in an interview.
Baanx chief commercial officer Simon Jones echoed this view: “You are effectively saying that if you’ve got access to a mobile phone, you’ve got access to a range of basic financial services,” Jones said in an interview. “Historically, wallets were very much focused around the custodial element with some swaps and trading. Now we are really seeing an evolution happen where your wallet is becoming your virtual account.”
In December of 2024, Nebraska-based Exodus was given the greenlight to list on the NYSE American, the New York Stock Exchange’s sibling market, not long after Donald Trump’s election victory.

Metaplanet Stock Surges Amid Bitcoin Strategy Focus: Guest Post by Cryptocurrency Press

Metaplanet stock soars due to its Bitcoin-focused strategy, trading at a high premium. Read original article on theccpress.com

India’s Crypto Industry Lobbies for Tax Cuts as Government Eyes Softening Stance: FT

The crypto industry in India has spotted its chance to lobby for more favorable treatment from New Delhi, according to a Financial Times report on Tuesday.
Crypto exchange executives said Prime Minister Narendra Modi’s government’s has become more receptive towards digital assets and has engaged in discussions since Donald Trump’s return to the White House, the FT reported.

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“Thanks to Trump, the positive momentum that has happened in crypto has impacted India as well,” CoinSwitch co-founder Ashish Singhal said, according to the report.
The industry’s big ask is a reduction in the “very harshly” imposed taxes, Singhal added.
In India, crypto transactions are currently subject to a 30% capital gains tax and a 1% levy on every transaction out of concern from authorities that digital assets are being used for criminal purposes.

The Reserve Bank of India (RBI) has also been a vocal crypto critic, even banning banks from providing services to crypto companies in 2018. Though this was set aside by the Supreme Court in 2020.
Current RBI governor Sanjay Malhotra has avoided directly criticizing cryptocurrency, with Singhal saying its relationship with the central bank going “negative to neutral.”
Read More: Why Can’t India Draft a Clear Cut Crypto Policy? Country’s Supreme Court Raps Government

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