ASIC Takes Legal Action Against ASX for Misleading Statements About Its Blockchain Project
The Australian Securities and Investments Commission (ASIC) has initiated a lawsuit against the Australian Securities Exchange (ASX), the nation’s primary stock exchange, in Federal Court. The legal action stems from…
New York Financial Authority Seeks Specialist for Crypto and AI Policy Development
The New York State Department of Financial Services (NYSDFS) is actively searching for a specialist to enhance its approach to the ever-evolving fields of cryptocurrencies, decentralized finance (DeFi), and artificial…
Vice President Kamala Harris Likely to Extend Biden’s Strict Cryptocurrency Policies
Vice President Kamala Harris appears set to perpetuate the Biden administration’s firm regulatory approach to cryptocurrencies. With her recent selection of economic advisers, Harris indicates a continuation of a stringent…
Canadian Cryptocurrency Exchange Misused $9.5 Million in Bitcoin and Ether
The Canadian cryptocurrency trading platform, ezBtc, and its founder, David Smillie, are at the center of a significant scandal involving the misappropriation of approximately 13 million Canadian dollars ($9.5 million)…
SEC Files Fraud Charges Against Novatech, Founders, and Promoters
The U.S. Securities and Exchange Commission (SEC) has initiated formal charges against the cryptocurrency investment platform Novatech, its founders Cynthia and Eddy Petion, and several of its promoters, for orchestrating…
U.S. Democrats Show Growing Interest in Cryptocurrency, According to Poll
A recent poll sponsored by venture capital firm Paradigm reveals that Democratic presidential nominee Kamala Harris has an opportunity to connect with crypto owners in her campaign, indicating a shift…
Tigran Gambaryan’s Health Declines, Requires Urgent Surgical Intervention
Tigran Gambaryan, a detained Binance executive, faces a critical health situation that demands immediate surgical attention, according to his wife, Yuki. Detained under charges by Nigerian authorities, Gambaryan’s health issues…
Bitcoin Miners Experience Lowest Daily Revenue of the Year
Bitcoin miners have encountered a significant decline in revenue, marking a new low for the year on August 11. This downturn reflects ongoing challenges within the cryptocurrency mining sector, exacerbated…
The Necessity of a Steam-like Platform for Web3 Gaming Growth
As the Web3 gaming landscape continues to evolve, the need for a platform similar to Steam, which has revolutionized digital game distribution in the Web2 era, becomes increasingly apparent. OKX,…
Crypto Startup Funding Increases to $2.7B in Q2 Despite Fewer Deals
Despite a decrease in the total number of deals, venture capital funding for cryptocurrency startups saw a slight increase in the second quarter of the year, suggesting a renewed confidence…
Ethereum’s Median Gas Price Reaches Five-Year Low
The cost of transacting on the Ethereum blockchain has significantly decreased, reaching a five-year low, as advancements in layer-2 networks enhance efficiency and reduce network congestion. As of August 10,…
FBI Investigates Hacking Attempts on Trump and Biden-Harris Campaigns
The FBI announced on Monday that it is probing attempted hacks targeting both the Trump and Biden-Harris campaigns. The investigation encompasses attempts on three staffers from the Biden-Harris team and…
Super PAC Invests $850K in Supporting John Deaton’s Campaign Against Senator Warren
A political action committee (PAC), heavily funded by cryptocurrency industry donors, including Ripple, has deployed significant financial resources to bolster Republican John Deaton’s primary campaign in Massachusetts. This move underscores…
Tether Aims to Double Workforce by 2025, Emphasizing Compliance and Automation
Tether Holdings Ltd., the issuer behind the world’s largest stablecoin, USDT, is reportedly planning a significant expansion of its workforce by mid-2025. According to an interview with CEO Paolo Ardoino…
Bitrace Alerts Users to Emerging Crypto Scam Targeting QR Codes
In a recent social media update, blockchain analysis firm Bitrace has issued a significant warning about a new crypto scam involving QR codes that could potentially empty your digital wallet.…
Trump Mixes Up Former Mayor Willie Brown with Ex-Governor Jerry Brown in Recounted Helicopter Incident
During a recent press conference at his Mar-a-Lago estate, former President Donald Trump recounted what he described as a near-death experience, mistakenly referencing former San Francisco Mayor Willie Brown instead…
US Crypto Firm BitGo Secures Major Payment License in Singapore
California-based cryptocurrency custody firm BitGo is significantly expanding its global footprint by securing regulatory approval in Singapore, a key financial hub known for its crypto-friendly environment. On August 7, BitGo…
Binance Recovers $73M in Stolen Funds, Surpasses 2023 Security Milestone
Binance, the world’s largest cryptocurrency exchange by trading volume, has achieved a significant milestone in its security operations by recovering or freezing $73 million in stolen user funds in 2024.…
Immutable Announces Closure of Its NFT Marketplace to Bolster Ecosystem Growth
Immutable, a prominent gaming and non-fungible token (NFT) blockchain, has declared it will discontinue its NFT marketplace to concentrate on expanding its ecosystem through strategic partnerships. The marketplace, scheduled to…
US Policy Group Advocates for Bitcoin Tax-Free Zone to Bolster Digital Economy Growth
A visionary proposal is underway in the United States aiming to position the country as a pivotal leader in the digital economy. The initiative, driven by the newly established USABTC…