🚀 About Godbex.io

[godbex_io]

Don’t Risk It: How to Report Your Crypto Income in 2025

Crypto activity is taxable in most major jurisdictions, but the how differs by country, asset type, and whether gains are capital or ordinary income. Below is a practical, source-driven guide for 2025 covering the United States, United Kingdom, Canada and China—what is taxed, where to report it, and common pitfalls to avoid.

Key principles that apply broadly

• Crypto is not “tax-free.” In the U.S., the IRS classifies digital assets as taxable; you must answer a digital assets question and report gains/losses or income even if you received no 1099.
• Multiple taxable events. Selling for fiat, swapping one coin for another, or using crypto to pay for goods/services are usually taxable events; mining/staking rewards are generally income on receipt. (See country specifics below.)
• Records matter. Keep date/time, cost basis, fair market value at disposal/receipt, and fees. Many countries require you to reconcile totals on capital gains schedules.

United States (IRS)

Read full article in blog

Follow us:
-> Twitter https://x.com/godbex_io
-> Telegram https://t.me/godbex_io
-> Exchanger https://godbex.io/

 

[godbex_io]

A Story of How $6,800 Deposit Shocked Crypto Twitter (X)

A wallet beginning 0x6f90…336a has become the talk of Crypto Twitter after on-chain analysts showed the account exploding from US$6,800 in February 2024 to US$1.5 million in realised profit by late June 2025. The feat was first reported by Cointelegraph’s Explained desk and quickly corroborated by on-chain data trackers.

The Playbook: High-Frequency Market-Making on Hyperliquid
Unlike meme-coin moonshots or 100× perpetual-futures punts, this trader ran a delta-neutral, high-frequency market-making bot on the permissionless derivatives exchange Hyperliquid. Key attributes:

Read full article in blog

Follow us:
-> Twitter https://x.com/godbex_io
-> Telegram https://t.me/godbex_io
-> Exchanger https://godbex.io/

 

[godbex_io]

Discover: Qubic’s Claim Puts Monero Under The Microscope

The Monero community is on high alert after Qubic—a project led by IOTA co-founder Sergey Ivancheglo (“CFB”)—said it has crossed the 51% hashrate threshold on the XMR network. If accurate, that would hand a single coordinated entity enough power to reorganize blocks, censor transactions, or attempt double-spends, the textbook definition of a 51% attack on a proof-of-work chain. The claim, first flagged in Qubic’s own updates and industry coverage, immediately sparked warnings from security researchers and market watchers.

How much hash is really in play?
Two datapoints help frame the risk window. First, independent monitors estimated Monero’s total hashrate around ~5 GH/s in recent days—meaning practical majority control would require something north of ~2.5 GH/s. Second, Qubic’s materials and media reports describe peaks near 2.7–3.0 GH/s, with fluctuations depending on when miners pointed rigs at the pool. When Qubic’s share clears the halfway mark, the ETH-style “finality” Monero users expect can’t be guaranteed without extra confirmations. (As of publication, hashrate is volatile and exact shares shift hour by hour.)

Reports of reorg concerns—and why they matter
Read full article in blog

Follow us:
-> Twitter https://x.com/godbex_io
-> Telegram https://t.me/godbex_io
-> Exchanger https://godbex.io/

 

[godbex_io]

Don’t Risk It: Recover Crypto Passwords & Seed Phrases in 2025

Losing access to a wallet is a gut punch. The good news: in many cases there is a safe path back. The bad news: a lot of what’s advertised online—“guaranteed recovery,” “law firm reclaim services,” “send a fee to unlock your coins”—is predatory noise. This guide distills what actually works in 2025, with links to trustworthy documentation and warnings from regulators.

Step 0 — Identify your wallet type

• Custodial account (exchange app): A company holds your keys. You log in with email/2FA and can usually use account recovery (ID verification) if locked out. See help centers like Coinbase and Kraken for standard reset flows.
• Self-custody (non-custodial) wallet: You hold the private key. The 12/24-word seed phrase is the master key. Lose the seed (and any additional passphrase), and there’s no support desk to call. Cointelegraph’s primer on seed phrases is blunt: without the seed, access is generally irrecoverable.

TL;DR: Custodial = reset via the platform; Self-custody = restore from your backup. If you have neither seed nor passphrase, recovery is unlikely.

What actually works in 2025
Read full article in blog

Follow us:
-> Twitter https://x.com/godbex_io
-> Telegram https://t.me/godbex_io
-> Exchanger https://godbex.io/

 

[godbex_io]

Discover How South Korea Suspends New Crypto Lending on Exchanges

South Korea’s top markets watchdog has moved to cool a red-hot corner of crypto finance. On Aug. 19, 2025, the Financial Services Commission (FSC) issued administrative guidance ordering local exchanges to suspend the launch of new crypto-lending products while it finalizes a rulebook for the activity. The action follows a spate of forced liquidations among retail users and reports of unusual stablecoin price moves. Existing lending contracts may continue—borrowers can repay or extend under current terms—but fresh originations are on hold until clear standards are in place.

What exactly did the FSC say?
In its notice, the regulator said it sent letters to exchanges instructing them to pause new lending services “to protect virtual asset users.” The guidance is immediate and will be backed by on-site inspections and supervisory action for platforms that don’t comply. The FSC is preparing formal lending guidelines—developed with the Financial Supervisory Service (FSS) via a joint task force set up July 31—that are expected to address leverage (loan-to-value) limits, user eligibility, and risk disclosures.

Crypto media summaries of the letter add two key clarifications:

Read full article in blog

Follow us:
-> Twitter https://x.com/godbex_io
-> Telegram https://t.me/godbex_io
-> Exchanger https://godbex.io/

 

[godbex_io]

Trade Memecoins Like a Pro: PumpFun vs LetsBONKfun vs Meteora vs GoFundMeme

Memecoin trading is now a full‑blown strategy on Solana. But not all platforms do the same thing. This guide compares PumpFun, LetsBONKfun, Meteora, and GoFundMeme—so you can pick the right place to mint, list, or trade with an edge. We’ll focus on fees, liquidity, launch mechanics, speed, and risk controls, plus practical steps and tips for memecoin trading, Solana memecoin launchpads, bonding curve, and DLMM liquidity.

Which platform fits your play?

• PumpFun → The original Solana “meme factory.” Super‑fast token creation with a bonding‑curve market, and a path to graduate to a DEX when popularity hits a threshold. Great for discovering very early mints; watch for soft rugs and ensure you understand fees.
• LetsBONKfun → BONK community’s launchpad with Raydium integration. If you want tokens that trade straight on Raydium’s pools and a rapidly growing user base, this is a strong alternative to PumpFun.
• Meteora (DLMM) → Not a meme factory; it’s liquidity infrastructure used by launchpads like Jupiter LFG and by projects that want pro‑grade DLMM price curves, single‑sided liquidity, and anti‑bot add‑ons. Ideal for traders who chase curated launches and for LPs optimizing fee capture.
• GoFundMeme → An open‑source‑style launchpad emphasizing community fee‑sharing (with $GFM). If you care about fee redistribution to creators/traders/stakers and custom launch options, this model is built for that.

Read full article in blog

Follow us:
-> Twitter https://x.com/godbex_io
-> Telegram https://t.me/godbex_io
-> Exchanger https://godbex.io/

 

[godbex_io]

Reveal The Differences: Cloud Mining vs Crypto Staking

Cloud mining and crypto staking are two very different ways to earn yield from digital assets. One rents proof‑of‑workhashing power to mine coins like Bitcoin; the other helps secure proof‑of‑stake networks (e.g., Ethereum) in exchange for rewards. If you’re deciding between them in 2025, this guide breaks down how they work, realistic profitability, key risks, and a practical decision checklist.

What each method actually does
Cloud mining (rented hashpower)
You buy a fixed slice of a mining operation’s computing power for a set period (for example, 12–36 months). The provider points that hashpower at a proof‑of‑work network and pays you a share of the block rewards—minusoperating costs such as maintenance and electricity, which are often passed through as fees. You don’t manage hardware; you also don’t control when or how the hardware upgrades, or which pool is used.

Moving parts that drive returns:

Read full article in blog

Follow us:
-> Twitter https://x.com/godbex_io
-> Telegram https://t.me/godbex_io
-> Exchanger https://godbex.io/