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Brazilian Finance Minister Delays Plan for Dividing Crypto Tax

Brazil’s new Finance Minister Dario Durigan is expected to delay a public consultation on applying a financial transactions tax, known locally as Imposto sobre Operações Financeiras (IOF), to certain cryptocurrency transactions, Reuters reported, citing sources familiar with the matter. Durigan took office on March 20 after Fernando Haddad resigned to run for governor of São

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Polymarket Traders Bet on Iran Ceasefire Even as Oil Shock Concerns Linger: Crypto Daybook Americas

By Omkar Godbole (All times ET unless otherwise noted) The war in Iran has single-handedly altered the macroeconomic environment for those taking risks in financial markets, and some participants are betting it could end soon. Onchain data tracked by Polymarket tracker PolymarketHistory shows 10 wallets came to life on Sunday, betting a total of $160,000

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Prosecutors point to SBF letter sent from Bay Area, not prison

Federal prosecutors told a judge that a letter purportedly sent by Sam Bankman-Fried from prison was actually sent via FedEx from another location, suggesting someone from the outside posed as him. The filing adds an unusual wrinkle to Bankman-Fried’s post-conviction fight. The FTX founder, sentenced to 25 years in prison for fraud and conspiracy, is

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SBF’s parents told CNN that no customer money was lost. FTX’s creditors see things differently.

Barbara Fried and Joseph Bankman, the parents of FTX founder Sam Bankman-Fried, who was convicted after the stock market crash, used their first television interview to challenge the basic premise of his conviction, arguing that no customer money was ultimately lost. “The money was still there,” Bankman said during a weekend interview with CNN’s Michael

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XRP, Solana (SOL) lag behind oil and silver in trading volumes on Hyperliquide

Leveraged traders on decentralized exchange Hyperliquid favor traditional commodities like oil and silver, trading them more aggressively than crypto tokens such as XRP (XRP) and solana (SOL). Perpetual futures contracts linked to WTI and Brent crude oil benchmarks saw a combined trading volume of more than $500 million in the past 24 hours. The silver

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Resolv stablecoin crashes at 70% as attacker mines $25M in ETH

A stablecoin is supposed to be worth one dollar. Resolv’s USR is worth 27 cents and the math to fix it doesn’t work. An attacker exploited a flaw in Resolv’s USR stablecoin minting contract around 2:21 UTC on Sunday, creating approximately 80 million uncollateralized tokens over two transactions and extracting approximately $25 million, according to

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