Crypto Market in Turmoil: Major Policy Shifts & Record-Breaking Heist! 🚀💰

📜 U.S. Senate Repeals Crypto Tax Rule

The U.S. Senate has voted to repeal the crypto tax reporting rule, removing IRS obligations for DeFi platforms. Led by Senator Ted Cruz, this decision is a huge victory for the crypto industry but raises concerns over tax revenue losses and financial crime risks. Originally set for 2027, the rule aimed to regulate DeFi like traditional finance, but critics argued it was impractical and costly. ⚖️📊

💻 North Korean Hackers Pull Off a $1.5B Crypto Heist

Hackers linked to North Korea’s Lazarus Group have stolen $1.5 billion from Bybit Exchange, making it the largest crypto theft ever. Authorities warn the stolen assets are being converted into Bitcoin to fund nuclear programs. The FBI and global regulators are on high alert. 🔥🔍

📉 Bitcoin Plummets Below $100K!

Market panic continues as Bitcoin crashes under $100K, leading to $864M in liquidations. Investors brace for extreme volatility as regulatory and economic shifts impact sentiment. 📉💥

#Bitcoin #CryptoNewss #DeFi #Blockchain #BTC #Ethereum #CryptoHack #CryptoRegulation #Web3 #HODL #CryptoSecurity #SenateVote #TrumpCongressSpeech # #BreakingNews