Indodax Halts Operations Following Suspected $22 Million Crypto Hack
Indonesian cryptocurrency exchange Indodax recently faced a severe security breach leading to a suspected loss of approximately $22 million in various cryptocurrencies. In response, Indodax has temporarily disabled both its…
Australian Crypto Investors Await Clear Regulations Before Entering the Market
In Australia, millions of potential cryptocurrency investors are hesitating to enter the market, awaiting clearer regulations. According to Jason Titman, CEO of Swyftx, an Australian crypto exchange, there’s a significant…
Atomic Wallet Secures Dismissal in Class Action Lawsuit Following $100M Hack
In a notable legal development, a United States federal judge has dismissed a class-action lawsuit against Atomic Wallet, an Estonian cryptocurrency firm, due to insufficient jurisdictional grounds. The dismissal, ordered…
Partisan Divisions Emerge in Congress During First Hearing on Decentralized Finance
The first-ever Congressional hearing dedicated to decentralized finance (DeFi) showcased stark divisions along party lines, revealing deep-seated concerns and differing visions for the future of digital finance. The House Financial…
Unexpected Outcomes of the Recent Presidential Debate
In the latest presidential debate, former President Donald Trump, known for his frequent criticisms of California’s climate policies and his dystopian portrayal of the state, surprisingly omitted California from his…
Solo Bitcoin Miner Claims $180,000 Reward by Solving Block Independently
In the competitive world of Bitcoin mining, a solo miner has managed to process a block on their own, securing a reward of approximately $180,000. This event underscores the significant…
Accenture Boosts Its Fintech and CBDC Portfolio by Investing in Emtech
Accenture, a leading global provider of information and financial technology services, has made a strategic investment in the fintech startup Emtech, which specializes in offering software-as-a-service solutions to central banks…
Owner of Unlicensed UK Crypto ATM Network Faces Criminal Charges
The Financial Conduct Authority (FCA) of the United Kingdom has initiated criminal proceedings against Olumide Osunkoya, marking the first case in the UK involving charges related to operating a network…
86% of Web3 Professionals Confident in Crypto’s Future Despite Regulatory Concerns
Despite the regulatory uncertainties looming ahead of the 2024 US presidential election, Web3 professionals are displaying a strong sense of optimism about the industry’s future. According to a recent Consensys…
DOGS Token Achieves Record for Memecoin Adoption with 17 Million Users on The Open Network
The recently introduced Dogs token has set a new benchmark in memecoin history with what is possibly the largest token generation event (TGE) ever recorded. The token, which is part…
Cryptocurrency Influence in Upcoming US Presidential Election
Cryptocurrencies such as Bitcoin are expected to have a notable influence on the forthcoming United States presidential election. As more American investors engage with the crypto market, their concerns about…
Bitcoin ETFs Experience $28.6 Million Inflows After Eight-Day Outflow Streak
United States-based spot Bitcoin exchange-traded funds (ETFs) witnessed a significant turnaround on September 9, 2024, with net inflows totaling $28.6 million. This marked the end of an eight-day period characterized…
Crypto Super PAC Invests $660K in Massachusetts Senate Race as US Election Nears
The Commonwealth Unity Fund, a prominent political action committee (PAC) with strong backing from the cryptocurrency industry, has made significant financial contributions in the race for a United States Senate…
Singapore Probes Illegal Worldcoin Accounts and Token Sales
Worldcoin, a cryptocurrency project known for its controversial approach to capturing identity data, is currently under investigation in Singapore for potential involvement in money laundering and terrorism financing. The scrutiny…
FBI Reports $5.6 Billion in Cryptocurrency Fraud Losses for 2023
The FBI’s Internet Crime Complaint Center (IC3) has unveiled its report on cryptocurrency fraud for 2023, revealing that Americans lost a staggering $5.6 billion due to such schemes. This marks…
Kamala Harris Baits Trump on Rally Crowd Size, Prompting Outburst
Vice President Kamala Harris made headlines during the recent debate night with a sharp critique of former President Donald Trump, which seemed to get under the GOP presidential nominee’s skin.…
Kamala Harris Releases Policy Platform Details — No Mention of Crypto
Democratic presidential nominee Kamala Harris has unveiled new elements of her policy agenda as the 2024 United States presidential election approaches. While the updated platform emphasizes a commitment to fostering…
Ether Eyes Potential Price Breakout Amid Post-Summer Market Recovery
Ether, the second-largest cryptocurrency by market capitalization, is showing signs of a potential price breakout following a prolonged downtrend that began in late March. This anticipation is fueled by a…
Latvia’s Central Bank Initiates Pre-Licensing Consultations for Crypto Companies
The European Union’s comprehensive crypto regulation, known as the Markets in Crypto-Assets (MiCA) Regulation, is beginning its phased implementation across member states, prompting various local responses. In Latvia, the central…
Tokocrypto Gains Full Regulatory Approval in Indonesia as Binance Subsidiary
Tokocrypto, an Indonesian cryptocurrency exchange, has achieved a significant regulatory milestone by securing a full license under the country’s Commodity Futures Trading Regulatory Agency (Bappebti). This development marks a crucial…