Nigeria’s SEC Intensifies Actions Against Unregulated Cryptocurrency Exchanges
The Securities and Exchange Commission (SEC) of Nigeria is set to enhance enforcement actions against businesses and individuals engaging in cryptocurrency transactions without appropriate regulatory oversight. This announcement, made by…
Crypto Scammers Use Deepfakes of Apple CEO Tim Cook During iPhone 16 Livestream
YouTube was recently inundated with fraudulent livestreams featuring deepfake videos of Apple CEO Tim Cook, who was depicted promoting cryptocurrency scams. This surge in scam content occurred simultaneously with Apple’s…
Venezuelan Election Crisis Highlights Challenges for U.S. Policy on Migration Causes
As the U.S. gears up for the upcoming presidential debate, former President Donald Trump and Vice President Kamala Harris are set to clash over border security and immigration policy. Trump…
Spot Bitcoin ETFs Experience $1.2 Billion in Outflows Over Eight Days
In a significant market movement, the 11 United States-based spot Bitcoin exchange-traded funds (ETFs) recorded combined net outflows of $1.2 billion from August 30 to September 6, marking the longest…
CEO of Crypto Research Firm Steps Down Following Armed Robbery of Company Assets
Nick Drakon, the CEO of the cryptocurrency research and education platform Revelo Intel, has resigned from his position following a traumatic incident where he was coerced at gunpoint to transfer…
Former Ethereum Advisor Files $100M Lawsuit Against Law Firm Over Defense in Crypto Extortion Case
Steven Nerayoff, an early advisor to the Ethereum network, has initiated a lawsuit against the prestigious law firm Covington & Burling, demanding $100 million in damages. This legal action stems…
Tether Expands Portfolio with $100 Million Investment in Agricultural Sector Amid Rising Stablecoin Rivalry
Tether, the organization behind the world’s largest stablecoin, has recently embarked on a new venture by investing $100 million in the Latin American agricultural powerhouse, Adecoagro. This move marks Tether’s…
Fed Survey Reveals Crypto Ownership Growth Isn’t Keeping Pace with Market Recovery
Recent research from the Federal Reserve sheds light on a surprising disconnect between the recent resurgence of the cryptocurrency market and the rate of cryptocurrency ownership. Despite the crypto market’s…
Bitcoin Could Gain Momentum as Younger Investors Emerge, Says Suze Orman
Financial adviser and bestselling author Suze Orman, known for her influential role in financial advice and her long-running Suze Orman Show on CNBC, recently shared her views on Bitcoin and…
Stacks Sets New Record for Smart Contract Deployments Before Nakamoto Upgrade
Stacks, the layer enabling smart contracts on Bitcoin, has achieved a new milestone with over 1,400 smart contracts deployed in a single month, just days before the Nakamoto upgrade is…
Arthur Hayes Closes Short on Bitcoin, Anticipates Imminent Rally
Arthur Hayes, former CEO of the BitMEX cryptocurrency exchange, has exited his short position on Bitcoin, following his previous warnings of a potential significant downturn. On September 6, Hayes expressed…
Ripple CEO Foresees Inevitable Demand for Japanese Yen Stablecoins
Ripple CEO Brad Garlinghouse expressed optimism about the potential demand for a Japanese yen stablecoin, despite the company not yet committing to launching such a product in Japan. During an…
The Persistent Closeness of the 2024 Presidential Election
Vice President Kamala Harris has solidified her position as the Democratic presidential nominee, energizing the party base and securing a significant fundraising lead. However, the latest polls and the volatile…
Blockstream Mining Launches Hashrate-Backed Security Token to Raise Funds
Blockstream Mining has introduced a new security token, Blockstream Mining Note 2 (BMN2), to raise funds by capitalizing on the company’s Bitcoin mining operations. Announced on September 5, this innovative…
Surge in Crypto Lobbying: Coinbase Tops with 3,475% Increase in Expenditure Since 2017
The landscape of crypto lobbying has seen a dramatic escalation over recent years, with major companies like Coinbase at the forefront of these efforts to shape legislative outcomes in the…
Kamala Harris’ Campaign Utilizes Super PAC for Crypto Donations, Not Direct Contributions
Amidst the dynamic and increasingly digital landscape of political campaigning, Coinbase’s Chief Financial Officer Alesia Haas highlighted at Citi’s 2024 Global TMT Conference in New York how U.S. Vice President…
Global Downtrend: Over 600 Bitcoin ATMs Decommissioned in Recent Months
In the first two quarters of Q3 2024, the global network of Bitcoin ATMs saw a significant reduction, with more than 600 units going offline. This trend, particularly pronounced in…
Mastercard Enhances Non-Custodial Crypto Spending Through New Partnership
Mastercard is intensifying its integration with the cryptocurrency sector by supporting non-custodial wallets that allow users to spend their digital assets freely while maintaining personal control over their funds. This…
Federal Reserve Issues Cease and Desist to Texas Bank Over Crypto Firm Dealings
The Federal Reserve has issued a cease and desist order to United Texas Bank, highlighting “significant deficiencies” in the bank’s risk management and its interactions with cryptocurrency clients. This regulatory…
Robinhood Settles for $3.9 Million Over Crypto Withdrawal Restrictions
Robinhood Markets‘ cryptocurrency division has finalized a $3.9 million settlement with California’s Justice Department, addressing allegations that it restricted crypto withdrawals from 2018 to 2022. This settlement marks the first…