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October 14, 2025CoinOtag logoCoinOtag

GM $1.6 Billion EV Impairment Could Signal Slower U.S. Electric Vehicle Demand After Tax Credit Rollback

General Motors recorded a $1.6 billion EV impairment charge after reassessing production assets amid policy shifts; $1.2 billion is non‑cash asset impairment and $400 million is cash costs tied to

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Three Men Jailed for Using Dark Web and Crypto to Sell Drugs Across UK

Three Men Jailed for Using Dark Web and Crypto to Sell Drugs Across UK

Three men have been jailed for running a nationwide Class A drug operation using the dark web and cryptocurrency to conceal their identities and payments. Key Takeaways: Three men were jailed for runn...

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1 min
US Treasury Moves to Seize 127,271 BTC From Chinese National Behind Global Scam Ring

US Treasury Moves to Seize 127,271 BTC From Chinese National Behind Global Scam Ring

The U.S. Department of the Treasury has announced sweeping sanctions and forfeiture actions targeting transnational criminal organizations tied to large-scale “pig butchering” scams, including an effo...

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1 min
Bitcoin Ads and Celebrity Endorsements May Foster Crypto Confidence Amid India’s Taxation and Regulatory Ambiguity

Bitcoin Ads and Celebrity Endorsements May Foster Crypto Confidence Amid India’s Taxation and Regulatory Ambiguity

Crypto in India exists in a paradox: exchanges advertise loudly while regulators remain silent. Despite a 30% tax on gains and stricter compliance measures, private cryptocurrencies are unregulated, v...

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1 min