CryptoNews

Jason Calacanis’ Bleak Bitcoin Prediction Draws $3M in Rival Bets—but He Won’t Bite

Three bitcoin investors have thrown down $1 million challenges to Jason Calacanis after he declared the cryptocurrency would never reclaim its record high. One offered a decade-long wager, the other just two years, but Calacanis wants a shorter contest. Adding to the stakes, Hollywood producer and bitcoin educator Terence Michael entered the fray. Key Takeaways Jason Calacanis’ bleak bitcoin…
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CryptoNews

OG.com and Crypto.com Launch 24/7 Crypto Perpetuals for US Traders

Crypto.com and OG.com have opened the door to perpetual crypto derivatives for eligible U.S. traders, introducing contracts that never expire and offer up to five times leverage through a federally regulated trading structure accessible to retail and institutional customers. Key Takeaways Crypto.com and OG.com launched regulated crypto perpetuals for eligible U.S. traders on Oct.
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CryptoNews

Crypto Leaders Blast Misleading WSJ Ad on Tokenization Risks

An anti-tokenization ad by a non-profit civic organization in the Wall Street Journal has drawn criticism from the crypto community, which argues that while concerns about asset tokenization are valid, misleading notions about how it works are not. Key Takeaways A WSJ ad…
CryptoNews

Canada Seeks Public Comment on Stablecoin Rules as US Prepares to Implement GENIUS Act

Canada is seeking public feedback on proposed regulations for stablecoin issuers, outlining requirements for reserve assets, consumer protections, and regulatory oversight as the country moves toward establishing a comprehensive framework for digital currencies. Key Takeaways Canada’s government has opened a 60-day public consultation on proposed stablecoin regulations, with comments due by…
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CryptoNews

Tax Preparer Accused of Claiming Losses on Crypto Never Owned

A Connecticut tax preparer allegedly claimed cryptocurrency losses for taxpayers who never owned the assets. The accusations form part of a broader federal prosecution involving fabricated deductions and the alleged diversion of refunds. Key Takeaways Yuridia Trujillo faces 19 counts involving false income tax returns. Alleged crypto losses involved assets taxpayers never owned. Portions of…
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