FBI Unveils Cryptocurrency Initiative to Investigate Crypto Price Manipulation
The FBI has adopted an innovative approach to combating price manipulation in cryptocurrency markets by creating its own token, NexFundAI, as part of a comprehensive investigation into fraudulent activities. This…
Thai SEC Proposes Inclusion of Crypto Products in Mutual and Private Funds
Thailand’s Securities and Exchange Commission (SEC) has made a significant move to accommodate the increasing interest in cryptocurrency investments from institutional investors. On October 9, the finance regulator proposed allowing…
IREN Faces Lawsuit Over Alleged Overstatements in Computing Capabilities
IREN, previously known as Iris Energy, is currently facing a class-action lawsuit from investors who claim that the crypto mining company misrepresented the capabilities and readiness of its high-performance computing…
Crypto-Mining Malware Infects 28,000 Users But Nets Only $6,000
A recently discovered malware, which infected tens of thousands of devices, managed to yield surprisingly low profits for the effort involved. Cybersecurity firm Doctor Web reported on October 8 that…
Cardano Implements Argentina’s First Legally Enforceable Smart Contract
The Cardano blockchain is pioneering legal technology in Argentina by hosting the first smart contract that is enforceable under Argentine law. This development represents a significant integration of blockchain technology…
Ryan Salame Seeks to Delay Prison Report Date to December 7
Ryan Salame, formerly co-CEO of FTX Digital Markets, is set to commence a prison sentence of seven-and-a-half years. However, recent developments have led him to request a postponement of his…
VanEck Announces $30 Million Ventures Fund Focused on Cryptocurrency and AI Startups
VanEck, a prominent issuer of spot Bitcoin exchange-traded funds (ETFs) in the United States, is broadening its investment strategy with the launch of VanEck Ventures. This new venture capital fund,…
Wirex Pay Introduces Non-Custodial Crypto Payment Options
Wirex, a Web3 money application, recently unveiled its new payment solution, Wirex Pay, designed to facilitate transactions using cryptocurrencies directly from users’ non-custodial wallets. This development reflects a growing trend…
Taiwan Set to Pilot Crypto Custody Services via Local Banks by 2025
In a significant development for the financial technology landscape, Taiwan is gearing up to foster institutional adoption of cryptocurrencies through a new initiative involving local banks. The Financial Supervisory Commission…
NFT Holders Sue Art Gallery, Alleging Breach of Metaverse Promises
A group of 36 non-fungible token (NFT) holders has filed a lawsuit against Eden Gallery and artist Gal Yosef, claiming they failed to fulfill promises related to a metaverse-based private…
Bitcoin Drops to $59K as Altcoins Struggle with Regulatory Hurdles
Bitcoin has fallen below the $60,000 mark for the first time since September 18, leading market participants to speculate about the possibility of further declines. As of October 10, Bitcoin’s…
Consecutive Hurricanes Disrupt Final Weeks of 2024 Presidential Campaign
The 2024 presidential election has been uniquely impacted by the consecutive hurricanes, Helene and Milton, which have not only caused widespread devastation but have also become central themes in the…
Former Attorney, 86, Ordered to Pay $14 Million for Role in Crypto Ponzi Scheme
David Kagel, an 86-year-old former California attorney, has been sentenced to five years of probation and is required to pay nearly $14 million in restitution after admitting to his involvement…
Crypto.com Initiates Legal Action Against SEC to Safeguard U.S. Cryptocurrency Sector
Crypto.com, a major player in the global cryptocurrency exchange and service industry, has launched a lawsuit against the United States Securities and Exchange Commission (SEC). This legal move aims to…
Samsung Pay Enhances Crypto Payment Accessibility through Alchemy Pay Integration
Samsung Pay, a leading mobile payment and digital wallet service by Samsung Electronics, is expanding its cryptocurrency payment capabilities through a new partnership with Alchemy Pay. This collaboration introduces a…
Bison Debuts Insured Ethereum Staking Service Under Börse Stuttgart Group
Bison, the cryptocurrency trading platform operated by Börse Stuttgart Group, has recently unveiled a groundbreaking insured staking service tailored for Ethereum users. This innovative feature empowers customers to engage in…
Retail Investors Continue to Embrace Crypto Amid Market Volatility
Since 2020, the landscape of cryptocurrency investment among retail investors has witnessed significant growth, as highlighted in a recent report by the International Organization of Securities Commissions (IOSCO). The report…
Wrapped Bitcoin Transitions to Multi-Jurisdictional Custody Structure
Wrapped Bitcoin (WBTC), a tokenized version of Bitcoin designed to operate on the Ethereum blockchain, has recently completed an important transition to a geographically distributed custody model. This new arrangement…
Biden Refutes Greene’s Weather Control Conspiracy as Hurricane Threatens Florida
As Hurricane Milton approached Florida, sparking concerns about potential catastrophic impacts, President Joe Biden addressed the nation from the White House. His speech included a firm rebuttal of conspiracy theories…
Crypto Wallets Hinder Gamers from Exploring Web3 Games
One major hurdle that has kept many gamers from venturing into Web3 games is the intricate process associated with using cryptocurrency wallets. The complexity of managing these wallets can be…