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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
BTC2.57%
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ETH ‘god candle’ emerges amid Fed rate cut hopes: Is $6K Ether next?

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ETH10.06%
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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
ETH10.06%
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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
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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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WEST1.49%
YZY5.45%
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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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