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Crypto Biz: Bitcoin miners face tariff hit, blockchain courts Wall Street

The Bitcoin mining industry is squarely in the crosshairs of the US-led trade war, with publicly traded miners receiving hefty invoices from US Customs and Border Protection (CBP). Yet, in a twist, a mining venture backed by US President Donald Trump’s family secured more than 16,000 rigs from
BTC3.92%
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ETH ‘god candle’ emerges amid Fed rate cut hopes: Is $6K Ether next?

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SharpLink Gaming approves $1.5B stock buyback to boost Ether treasury

SharpLing Gaming, one of the largest Ether corporate treasuries, has authorized a $1.5 billion stock buyback program.
In a Friday announcement, SharpLink Gaming said it authorized the repurchase of $1.5 billion worth of shares as part of its “disciplined capital markets strategy.” No repurchases ha
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Banning virtual currency kiosks is no solution to fraud

Opinion by: Bill Repasky, attorney at Frost Brown Todd LLP
With more than 55 million Americans now using cryptocurrency in their daily lives, cryptocurrencies have become an integral component of our nation’s financial system
Just like traditional ATMs, tens of thousands of virtual currency
VIRTUAL11.09%
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Don’t expect China’s stablecoin to touch the mainland

The cryptocurrency industry is abuzz with speculation after recent reports suggested China may soften its stance on a yuan-backed stablecoin, but law experts caution against overinterpreting the news.
Reuters reported Wednesday that Beijing is considering approving a stablecoin pegged to the
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Andrew Tate shorts Kanye West’s YZY, racks up $700K losses on Hyperliquid

Kickboxing champion and controversial influencer Andrew Tate is among the latest celebrities to dive into Kanye West’s newly launched YZY token — but his bets are already deep in the red.
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Kroll faces class-action suit as FTX creditors allege daily scam emails

Financial and risk advisory firm Kroll is facing a class-action lawsuit for alleged negligent behavior over a data breach that impacted creditors of FTX, BlockFi, and Genesis.
The lawsuit was filed on Tuesday in a US district court by Hall Attorneys on behalf of FTX customer Jacob Repko and other c
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Michael Saylor’s Strategy does not ‘move the price’ of Bitcoin — Exec

Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, does not try to influence the price of Bitcoin when it executes its buys, according to the executive who oversees the company’s massive BTC treasury.
“The way we buy Bitcoin is we do not move the price of the Bitcoin,” Strategy’s c
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​​US House adds CBDC ban to massive defense policy bill

The US House has added a provision banning the Federal Reserve from issuing a central bank digital currency (CBDC) into a nearly 1,300-page bill setting the country’s defence policy for the 2026 fiscal year.
A revision of HR 3838, the House’s version of a bill implementing the National Defense
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Australia busted 14K scams since 2023 — 21% touted fake crypto

Australia’s markets regulator is set to expand its crackdown on online scams after taking down 14,000 online scams since July 2023, with over 3,000 purporting to involve crypto
The online scams include investment scams, phishing websites and are found in online advertisements. ASIC Deputy Chair
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