🏃 Flash Crypto Buzz
InnovationKalshi launched tokenized event bets on the Solana blockchain, enabling anonymous trading of political and macroeconomic event contracts with DeFi liquidity integration, aiming to tap into billions in liquidity and compete with platforms like Polymarket.
SecurityEuropean authorities dismantled Cryptomixer, a Bitcoin mixer laundering $1.51 billion since 2016, seizing servers, $29 million in Bitcoin, and 12 terabytes of data, marking a major crackdown on crypto-enabled money laundering in Europe.
RegulationJapan plans to impose a 20% fixed tax on crypto gains from 2026, aligning digital asset taxation with stocks to encourage domestic trading and institutional product development amid evolving regulatory scrutiny.
ExchangeWhiteBIT opened its U.S. exchange in New York, offering spot trading and fiat on/off ramps with strong security and compliance, aiming to expand nationwide and support institutional clients with future fiat integration and custody solutions.
SecurityYearn Finance suffered a $3 million exploit on its yETH token due to an infinite minting bug, with stolen funds routed through Tornado Cash; however, its main vaults remain unaffected and investigations are ongoing.
FinanceCrypto users can reduce their tax burden by deducting fees, losses, and mining costs, leveraging strategies like loss harvesting and long-term holdings, while using specialized software or consulting experts to navigate complex crypto tax rules.
(OpenAI, gpt-image-1-mini)