Crypto Lobbying Accelerates Amid Rising Political Influence In Washington

Crypto’s relationship with Washington is rapidly evolving as the industry takes a more assertive role in US politics, signaling a shift from outsider status to growing influence across the federal landscape. This week on Byte-Sized Insight, we examine how lobbying, political spending and access are reshaping crypto’s presence in the Capitol and what that may…

Ether Price Risks Drop Below $3K as Spot ETF Inflows Cool

Key takeaways: Ethereum ETFs experienced outflows for three consecutive days, totaling $364 million. Strategic Ether reserves and ETF holdings have dropped by 124,060 ETH since mid-October. Ether’s descending triangle is in play on the eight-hour chart, targeting $2,870 ETH price. Ether (ETH) fell 14% over the past 30 days, dropping below $4,000 to trade at…

How the Trump Family Turned Crypto Into an $800M Windfall

Key takeaways Reuters estimates Trump-linked ventures earned $802 million in crypto in early 2025. Income came from WLFI tokens, the TRUMP coin and USD1 stablecoin yields. Alt5 Sigma’s deal and foreign buyers helped turn token value into cash. As US crypto enforcement eased, experts noted possible conflict concerns. In the first half of 2025, Trump-linked…

How the Trump Family Turned Crypto Into an $800M Windfall

Key takeaways Reuters estimates Trump-linked ventures earned $802 million in crypto in early 2025. Income came from WLFI tokens, the TRUMP coin and USD1 stablecoin yields. Alt5 Sigma’s deal and foreign buyers helped turn token value into cash. As US crypto enforcement eased, experts noted possible conflict concerns. In the first half of 2025, Trump-linked…

Privacy Coins Surge 80%, Crypto Investors Seek Privacy, Encrypted Bitcoin

Investor demand for financial privacy is fueling a rally in privacy-preserving cryptocurrencies, signaling renewed interest in self-sovereign blockchain transactions. The market capitalization of privacy-preserving cryptocurrencies rose by about 80% over the past week to briefly surpass $24 billion earlier on Monday before retracing 2.9% to $23.7 billion at the time of writing, according to data…

DeFi Protocol Balancer Hit By Multimillion-dollar Exploit

Update Nov. 3, 10:42 am UTC: This article has been updated to include a section on Berachain’s emergency hard fork. Update Nov. 3, 9:47 am UTC: This article has been updated to add the latest figures, Balancer’s white hat bounty offer and comments from Nicolai Sondergaard, research analyst at Nansen. Update Nov. 3, 9:21 am…

What Happens When You Don’t Report Your Crypto Taxes to the IRS

Key takeaways Tax authorities like the IRS, HMRC and ATO classify crypto as a capital asset, meaning that sales, trades and even swaps are considered taxable events. Tax authorities worldwide are coordinating through frameworks like the FATF and the OECD’s CARF to track transactions, even across borders and privacy coins. Authorities use blockchain analytics firms…

Bitcoin Gets Sub-$100,000 Target as BTC Price Cancels Weekend Gains

Bitcoin (BTC) starts November with a dip to $107,000 as traders brace for further support retests. Bitcoin price action gives bulls a grim sense of deja vu as weekend gains evaporate and downside liquidity grows. November seasonality calls for serious BTC price gains, but so far, there is no sign of relief. US-China trade deal…

Berachain Halts Network to Contain Balancer-Linked Exploit, to Conduct ‘Emergency Hard Fork’

Berachain validators have coordinated an emergency network halt after exposure to a vulnerability tied to the ongoing Balancer V2 exploit, the project’s core team said on Monday. “The Berachain validators have coordinated to purposefully halt the network as the core team performs an emergency hard fork to address Balancer V2-related exploits on the BEX,” the…

Balancer Hit By Suspected $70M Staked Ether Exploit

Update Nov. 3, 9:21 a.m. UTC: This article has been updated to include a section on the Balancer flash loan attack from 2020. Decentralized exchange (DEX) and automated market maker (AMM) Balancer may have suffered an exploit, as about $70 million worth of digital assets was transferred to a freshly created wallet. Onchain data shows…