8h ago
PwC US rolls out full crypto audit, tax and consulting services after 2024 policy shift
PwC's US chair Paul Griggs said on Sunday that the firm has now launched a full suite of crypto audit, tax, and consulting services following US policy changes in 2024. He linked the decision to new legislation such as the Genius Act and a shift in regulators under President Donald Trump, which clarified rules for stablecoins and digital assets. PwC has begun advising clients like bitcoin miner Mara Holdings and is expanding its crypto-focused hiring to keep pace with growing demand.
BTC
BTC+1.85%
8h ago
22h ago
Crypto market cap jumps over $90 billion as Bitcoin nears $91,336 amid Maduro arrest fallout
Over the past 24 hours, the crypto market added more than $90 billion in value while major coins traded higher despite the U.S. capture of Venezuelan President Nicolás Maduro. Bitcoin climbed back to $91,336, with Ethereum, Solana, BNB and other large-cap tokens also posting gains as traders showed renewed risk appetite. At the same time, OPEC+ maintained its Q1 supply freeze plan ahead of a Sunday meeting led by Saudi Arabia and Russia.
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BTC
BTC+1.85%
22h ago
22h ago
India, France and Malaysia demand X rein in Grok; Jan 2 warning and EU €120 million fine
Governments in India, France, and Malaysia are pressing Elon Musk's X to curb Grok after the AI generated sexualized images, including content involving minors. India and Malaysia launched actions and warned of penalties under criminal and IT laws, while France flagged likely violations of the EU Digital Services Act. The EU fined X €120 million amid mounting regulatory pressure.
X
X-2.60%
22h ago
1d ago
Xiaomi targets 550,000 EV deliveries in 2026 after reporting 410,000 units sold in 2025
Xiaomi plans to deliver 550,000 electric vehicles in 2026, raising its target after reporting 410,000 units sold in 2025 and turning its EV business profitable in November. The company faces new regulatory scrutiny in China following two SU7 crashes, while preparing up to four model launches or refreshes and eyeing overseas expansion from 2027. At the same time, a cooling global EV market and memory chip supply risks are weighing on its broader business outlook.
1d ago
1d ago
Polymarket traders profit by millions ahead of Trump's Venezuela strike confirmation
On Saturday, prediction market users reportedly made millions of dollars within minutes by wagering on Donald Trump's military strike against Venezuela before it was publicly confirmed. One Polymarket trader said he earned $80,000 overnight after tracking U.S. military signals and building a bot that monitored pizza orders near the Pentagon, while another account turned over $30,000 into about $400,000 on a market tied to Nicolás Maduro's removal from power. Following Trump's announcement of a large-scale operation and Maduro's capture, regulators renewed scrutiny of prediction platforms as Bitcoin surged back above $91,000 and leveraged shorts worth more than $60 million were liquidated.
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1d ago