Bitcoin’s increase to 118,000 USD led to significant liquidations of about 1.09 billion USD in short bets. Concurrently, a Canadian woman is taking legal action after a SIM-swap scam resulted in the loss of 1.3 million USD.
In India, cryptocurrency users are facing an 18% GST imposed by Bybit due to compliance with tax laws. Meanwhile, Bitmine’s stock rose by 700% after appointing Tom Lee as chairman, and Bitcoin ETFs attracted 218 million USD in inflows.
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