Ohio Bill Offers a $200 Tax Exemption for Bitcoin Payments

Ohio’s HB 116 offers tax exemption on Bitcoin payments under $200 and mining protections. Ohio pursues Strategic Bitcoin Reserve bills, following Arizona and New Hampshire models. Multiple U.S. states and countries move to establish Bitcoin reserves and legal frameworks. The Ohio House of Representatives has passed a landmark “Bitcoin Rights” bill with significant bipartisan support, … Read more

Tether CEO Paolo Ardoino unveils PearPass as response to record 16 billion password leak

Tether CEO Paolo Ardoino announced a new open-source password manager, PearPass, after an unprecedented 16 billion passwords were leaked in what experts now call the largest credential breach ever recorded. Ardoino wrote: “The cloud has failed us. Again. 16 billion passwords just leaked. It’s time to ditch the cloud.” He pledged that PearPass will work … Read more

Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze

After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar decline. Mining Pressure Mounts: Hashrate Drops, Earnings Grow Thinner By early afternoon Thursday, the valuation of bitcoin (BTC) hovered just above the $104,000 threshold. Merely days prior, … Read more

Abracadabra Exploit Funds Possibly Moved to Tornado Cash, Highlighting DeFi Security Challenges

The recent transfer of 3,000 ETH from the Abracadabra exploit address to Tornado Cash has reignited critical discussions on DeFi security and the challenges of tracing illicit funds. This move highlights the dual-edged nature of crypto mixers, which provide privacy but also complicate efforts to recover stolen assets and enforce regulatory measures. According to blockchain … Read more

Massive Data Breach Exposes 16 Billion Credentials Across Platforms

Key Points: Cybernews uncovers breach; 16 billion credentials exposed from major platforms. 16 billion credentials pose security threats to crypto users. Urgent measures recommended: password updates, 2FA activation. On June 19, 2025, the Cybernews research team reported a significant breach exposing 16 billion credentials, notably impacting cryptocurrency security. The vulnerability of exposed credentials to targeted … Read more