Vanguard Agrees to $106M SEC Settlement for Tax Reporting Errors

Vanguard settles with SEC for $106M over failing to inform investors about tax issues from fund class switches.

Vanguard just agreed to pay $106 million to settle charges with the SEC, after they failed to properly inform investors about tax issues with their popular target-date funds. This blunder left hundreds of thousands of regular investors with inflated tax bills, and the settlement includes a $92.9 million restitution and a $13.5 million fine.

Here’s the scoop: back in December 2020, Vanguard made a move to lower the minimum investment for certain lower-cost fund classes, hoping to attract institutional clients. The plan was to bring the minimum investment from $100 million to $5 million, which led to many qualifying investors switching from higher-cost retail funds to these new institutional classes. But the switch created a mess—the retail funds had to sell assets to meet redemptions, which caused capital gains taxes to be transferred to the remaining investors. Vanguard didn’t properly warn about these tax burdens.

The SEC literally said, “Hold up, accurate tax info is crucial for investors, especially those planning for retirement.” Vanguard’s response? They’re cool with the settlement but didn’t admit to any wrongdoing. They’re just focused on keeping things running smoothly for investors moving forward.

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Could Bitcoin Education Be El Salvador’s Game-Changing Strategy?

El Salvador’s Bitcoin education, led by Stacy Herbert has fueled in many jobs, tech vibes, and optimism, redefining its future as Bitcoin central.

El Salvador made waves about four years ago when President Nayib Bukele said, “Yep, Bitcoin is now legal tender here,” putting it on equal footing with the country’s currency. Fast forward, the country’s all-in on crypto: a $630M Bitcoin reserve, plans for $1B in Bitcoin bonds, and even Tether shifting its HQ to El Salvador.

The real flex? Their Bitcoin education program. Stacy Herbert, who heads El Salvador’s Bitcoin Office, calls it a game-changer. They’re training up Bitcoin developers, and Herbert’s vibe is clear: “We need Bitcoin engineers, and we’re making them.” From high school classrooms to government offices, Bitcoin’s becoming part of everyday life. Students learn to run Bitcoin nodes, use mining rigs, and snag tech jobs that pay $4,000/month (vs. $600 for regular CS grads).

Even 80,000 government workers completed Bitcoin courses, and next up is AI and robotics classes for kids. El Salvador’s leveling up hard. Companies like Tether and Bitfinex are loving it, hiring local talent.

Despite tweaks to its Bitcoin wallet policy, the government’s still stacking sats—buying 1 Bitcoin daily and preparing for global crypto leadership. Herbert sums it up: “Good times are coming.

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Trump Coin Skyrockets Over 110%, Now Available on Binance and CoinSwitch

$TRUMP token, hyped as Trump’s official meme coin, surged 110% post-Binance listing, hitting $14B market cap, sparking crypto chaos.



The $TRUMP token, hyped as the “official Trump meme coin,” is straight-up breaking the internet after a wild 110% price surge in just 24 hours! Built on Solana, this memecoin’s debut on Binance and CoinSwitch has sent crypto traders into a full-blown frenzy. With its trading pairs TRUMP/USDC and TRUMP/USDT going live on this January, the token is already making serious waves, even as the world preps for Donald Trump’s swearing-in as U.S. president.

But it was just after two days, when $TRUMP outdid the big-name memecoins $DOGE, $SHIB, and $PEPE by reaching an unbelievable $14B market capitalization with a 24-hour trading volume of $20.92B. This token even reached an insane price of $70.02 after jumping 224.83% in one day.

Binance, while vibing with the hype, has flagged $TRUMP as “extremely high-risk” and given it a “Seed Tag”, mandating every trader to go through obligatory risk quizzes. Meanwhile, the exchange is rolling out Spot Algo Orders, bots, and copy trading, giving users newer ways to ride the chaos.

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PumpFun Corp Hit with Lawsuit Over Alleged Pump-and-Dump Scandal

PumpFun Corp faces a class-action lawsuit for allegedly running a pump-and-dump scheme. They have basically been accused of misleading investors, and targeting minors.



PumpFun Corp is in serious legal hot water after being hit with a class-action lawsuit. The company is accused of running a pretty common pump-and-dump scheme with its cryptocurrency, Fun Token, leaving investors with massive losses. The lawsuit, filed in New York by the law firm Silver Miller, claims that PumpFun Corp inflated Fun Token’s price, only to crash it shortly after, causing huge financial damage to investors.

The case points fingers at the company’s trading platform, Pump.Fun, which allegedly fostered risky, speculative trading by using gamified designs and overselling the profit potential of crypto. The lawsuit also highlights major flaws in investor protections, like missing KYC (Know Your Customer) checks, no age verification, and lack of clear risk disclosures—plus some shady marketing practices that made everything seem way safer than it really was.

Silver Miller is urging anyone who feels they’ve been scammed by the platform to join the lawsuit. If anything this case really serves as a big warning to crypto traders to do their homework and avoid falling for flashy promises of quick gains. PumpFun is being pushed to answer for its actions, and more updates will follow as the case progresses.

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Move Over SOL: The Ripple vs Ethereum Battle Heats Up in 2025

XRP surged 470%, hitting $3 as hype grows over RLUSD and potential XRP ETF, challenging Ethereum’s market dominance in 2025.



Ripple’s XRP has been on fire in 2025, skyrocketing over 470% from its yearly lows. On January 16, XRP smashed past the $3 mark for the first time since 2018, thanks to a mix of market recovery, solid developments, and investor hype.

With the rebound of Bitcoin, XRP steals the show with its high popularity among investors. The launch of Ripple’s RLUSD stablecoin and rumors of an approved XRP ETF sent market sentiment to the moon. Little surprise that the price of XRP shattered the all-time high this month, which turned heads from across the crypto world.

Meanwhile, Ethereum is struggling to keep up. ETH’s market dominance (currently at 11.67%) is being questioned as it’s barely grown 29% this year, despite Bitcoin’s recent gains. Ethereum’s network activity has slowed, leaving room for Ripple to shine.

XRP’s market cap is at $189 billion, still far from Ethereum’s $412 billion. For Ripple to overtake ETH, its price needs to hit $7.5—ambitious but not impossible.

Crypto analysts are buzzing about Ripple’s potential to become the second-largest blockchain. With more investors jumping in and new accounts spiking, XRP is clearly on a mission. Will Ripple dethrone Ethereum? Well time will tell that story!

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WazirX Hack: Authorities Recover $3M in Frozen Assets

Investigators froze $3M stolen from WazirX’s $230M hack. They blamed it all on North Korean hackers. Recovery efforts continue with blockchain forensics and legal action.



Six months after a massive cyberattack rocked WazirX, investigators have frozen $3 million in stolen cryptocurrency. The attack that went down on July last year, in India made hackers a massive $230 million in digital assets.

This $3M recovery milestone gives a glimmer of hope to victims, signaling progress in the hunt to reclaim their stolen funds. Zettai Pte Ltd, WazirX’s parent company, has teamed up with law enforcement, forensic experts, and legal teams to track down the cash.

In a major twist, a joint statement from the U.S., South Korea, and Japan pinned the attack on North Korean hackers. Yup, DPRK cybercriminals are getting the blame.

WazirX founder Nischal Shetty is fired up, calling this recovery “just the beginning.” The company’s game plan is all about relentless effort to maximize fund recovery.

Jason Kardachi, from restructuring experts Kroll, broke it down: blockchain forensics plus legal actions are key tools to recover more of the stolen loot.

But let’s be real—chasing crypto thieves, especially international ones, is like solving a puzzle with missing pieces. The mission isn’t over, but at least the fight’s on.

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Solana Foundation Clarifies Stance on Andrew Tate Hackathon Controversy

Andrew Tate’s fake Solana-linked hackathon got shut down; Solana denies ties, warns devs to verify events and avoid scams.

Andrew Tate’s latest stunt got him into hot water again. He launched a “HACKATHON G-AI” event on X, promising over $1M in prizes and claiming partnerships with top venture firms. But, in his promo video, he threw Solana Foundation’s logo up there, making it look like they were backing the hackathon. Not cool.

Solana Foundation quickly shot down any connection with Tate’s event, calling out the misuse of their brand. Solana’s CMO, Akshay, went to X to clear the air. He warned people to “Do Your Own Research” and stay cautious. He made it clear that the Solana Foundation had zero involvement.

Tate’s reputation is already pretty messed up due to his controversial remarks and ongoing criminal investigations, and this incident just adds more fuel to the fire. The hackathon now looks really sus, and anyone interested in joining must double-check the details before getting involved.

In the end, this serves as a reminder to crypto fans and developers to be extra careful with events and promotions online. Don’t fall for fake partnerships or scams—always verify before jumping in.

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Aurora Labs Unveils Game-Changing No-Code Blockchain Builder

Aurora Labs drops a no-code tool making blockchain creation super easy—launch chains, dApps, or meme coins without tech skills!



Aurora Labs just made blockchain building a breeze with their new Aurora Cloud Console. This no-code platform lets anyone—yes, even you—create and manage EVM blockchains without needing a PhD in coding. It’s live and free to use starting today.

Powered by the NEAR Protocol, the console is all about removing the headaches from blockchain setup. Think of it as the “drag-and-drop” of Web3. Whether you’re building meme coins or the next big dApp, Aurora’s got your back. Just pick your settings—like permissions, tokens, and gas fees—and let the system do its magic.

The platform also offers real-time tracking, so you can see how your transactions are flowing and tweak things as needed. It’s perfect for scaling up your project without the crazy costs or complexity. Bonus: it’s fully connected with Ethereum and NEAR, making data transfers between them seamless.

Alex Shevchenko said, they’ve made launching a blockchain as easy as pie. You can focus on building awesome stuff while we handle the boring bits.”

Bottom line: No code, no stress, just blockchain vibes. Ready to join the Web3 wave?

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XRP Soars to Record Highs Across Binance, Kraken, and Bitfinex

XRP hits $3.37 ATH, fueled by legal wins, whale moves, SEC changes, and bullish patterns predicting more gains ahead.



XRP just flexed hard, hitting an all-time high of $3.37 on Binance, Kraken, and Bitfinex—beating its peak about seven years ago! The vibes are bullish, with the market hyped over SEC Chair Gary Gensler stepping down soon and Ripple winning big in court.

Big whales are making waves too. A transfer of 30M XRP (worth $76.1M) from Upbit to an unknown wallet caught everyone’s eye. Moves like this usually mean the big players are either loading up or prepping for a massive market shake-up. Analysts are buzzing that XRP could soon see double-digit percentage jumps.

EGRAG Crypto points to a “Megaphone Bottom” pattern, which has a 70% chance of a bullish breakout—predicting XRP could reach $8! Another analyst, World of Charts, says breaking out of a symmetrical triangle could push XRP to $4 soon.

Adding to the hype, the SEC’s legal drama might finally end. The new crypto-friendly leadership is incoming, Ripple’s case could shake up the entire industry. Plus, XRP’s open interest in derivatives hit $7.7B, showing traders are super optimistic.

Bottom line? XRP’s on fire, and it’s looking like last year could be the year it truly takes over.

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ANIME Token Unveils Community-Focused Tokenomics

ANIME token’s 10B supply focuses on community-driven growth, with major allocations for grants, Azuki backers, and DAO governance.

Anime Coin is bringing something fresh to the crypto world by launching its own token, ANIME, on Ethereum and Arbitrum. The goal? A community-driven anime ecosystem where both fans and creators have a say in the future of the industry.

Here’s the deal: ANIME has a massive 10 billion token supply, and they’ve just dropped the tokenomics to show how it’ll all be split. A huge chunk—50.5%—is dedicated to grants and programs managed by the Animecoin Foundation. This will support anime creators, developers, and other cool projects within the ecosystem.

Then, there’s the Azuki community—early supporters who’ll get 37.5% of the token supply, all unlocked at launch. If some tokens are left unclaimed, they’ll get sent to the Community Cultivation Fund (13%), which will be governed by the upcoming AnimeDAO. This means holders of ANIME tokens will control where the funds go, shaping the future of the community.

The Animecoin Foundation itself is set to get 24.44% for growth and expansion, helping bring Animecoin to the wider anime industry. Lastly, partner communities like Hyperliquid and Kaito Yappers will get 2%. The future of anime and crypto? Looking bright!

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