Crypto Investors Lost $2.5B to Hack and Scams in the First Half of 2025: Certik

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Hackers stole more than $2.47 billion worth of cryptocurrency in the first half of 2025, already exceeding last year’s total of $2.42 billion, according to Certik’s Hack3d Report. The majority of that figure can be attributed to two incidents; the Bybit breach and the Cetus Protocol exploit that combined were worth $1.78 billion. Wallet compromise […]

Senator Lummis Seeks to Waive US Taxes on Small-Scale Crypto Activity in Budget Bill

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U.S. Senator Cynthia Lummis is seeking to slip a significant crypto tax measure into the massive budget bill that backs much of President Donald Trump’s agenda, trying to reduce tax consequences stemming from fundamental cryptocurrency activities. Lummis sought on Monday to insert language into Congress’ “Big Beautiful Bill” that would, among other things, waive taxes […]