Middle East Contributes 7.5% to Global Cryptocurrency Transaction Volume
The Middle East and North Africa (MENA) region has emerged as a significant player in the global cryptocurrency landscape, accounting for 7.5% of the world’s cryptocurrency transaction volume from July…
South Korea Levies Heavy Fine on Worldcoin for Personal Data Protection Violations
South Korea’s Personal Information Protection Commission (PIPC) has imposed a significant fine on the Worldcoin Foundation and its affiliate Tools For Humanity (TFH) for breaches of the country’s stringent personal…
Dubai Intensifies Regulatory Measures for Crypto Marketing
Dubai’s Virtual Asset Regulatory Authority (VARA) is implementing stricter guidelines for the promotion of cryptocurrency investments within the country, marking a significant step towards enhancing investor protection and transparency in…
Web3 Music Streaming Innovates with Direct Stablecoin Payments for Artists
The music industry continues to be at the forefront of adopting cutting-edge technologies, particularly at the intersection of Web3 and cultural engagement. Platforms like Audius are redefining artist revenue streams…
Temporary Restriction Imposed on Wallet in Telegram App for UK Users Amidst Restructuring
The Wallet in Telegram app, a popular third-party service, will face a temporary suspension for users in the United Kingdom due to recent restructuring efforts that have integrated the service…
Hackers Exploit Email Auto-Reply Feature to Stealthily Mine Cryptocurrency
Cybersecurity experts have unveiled a new method by which hackers are infiltrating systems to conduct stealthy cryptocurrency mining. This technique exploits the automated email reply feature commonly used in business…
Kosovo Receives Expert Training from Council of Europe on Cryptocurrency Crime Tracing
In a significant move to enhance its financial literacy in the burgeoning field of cryptocurrency, Kosovo is actively participating in a specialized workshop aimed at tackling the complexities associated with…
Societe Generale-FORGE Collaborates with Bitpanda to Advance Euro Stablecoin in Preparation for MiCA Regulation
Societe Generale, a global banking giant, has announced a strategic partnership with Bitpanda, a leading cryptocurrency exchange, to facilitate the integration of cryptocurrencies and stablecoins into the mainstream financial ecosystem.…
Stand With Crypto Revises Kamala Harris’s ‘Supports Crypto’ Rating After Criticism
Coinbase’s lobbying group, Stand With Crypto, faced significant scrutiny after initially labeling Kamala Harris as a supporter of cryptocurrencies on their website. This label was quickly retracted following intense backlash,…
SEC Reaches Settlement with TrueCoin and TrustToken Regarding TrueUSD Transactions
The United States Securities and Exchange Commission (SEC) has settled charges against TrueCoin and TrustToken for fraudulent and unregistered sales of investment contracts tied to the TrueUSD stablecoin. This settlement,…
Bybit Targets Muslim Market with New Shariah-Compliant Crypto Offerings
Bybit, a leading player in the cryptocurrency exchange market, has unveiled new offerings tailored to align with Shariah principles, aiming to cater to the unique needs of Muslim investors. On…
Philippine Agency Equips Youth with Blockchain and NFT Education
A Philippine government agency dedicated to advancing science and technology research is actively engaging young people in hands-on experiences with cryptocurrencies, blockchain technology, and non-fungible tokens (NFTs). The Department of…
Kraken Expands European Footprint with Acquisition of Dutch Broker BCM
Kraken, the prominent cryptocurrency exchange, has made another strategic acquisition aimed at bolstering its expansion efforts across Europe. The company recently announced the successful closing of its acquisition of Coin…
Ireland Looks to MiCA Regulations to Democratize Finance with Crypto
The European Union (EU) has emerged as a pioneering force in the global regulatory landscape for cryptocurrencies, being one of the first regions to establish a comprehensive regulatory framework for…
Sweden Designates Cryptocurrency Exchanges as Professional Money Launderers
The Swedish Police Authority, in conjunction with the Financial Intelligence Unit (FIU), has classified cryptocurrency exchanges as “professional money launderers (PML)” following an in-depth analysis of services offered by unlicensed…
China Still Controls 55% of Bitcoin Hashrate Despite Crypto Ban
Chinese Bitcoin miners continue to dominate the global network, maintaining control over more than 55% of Bitcoin’s mining capacity, despite the country’s strict ban on cryptocurrencies. According to Ki Young…
Exodus Wallet Supports US Crypto Voters with $1.3M Donation
Exodus, a prominent crypto wallet provider founded in 2015, has contributed $1.3 million to the Stand With Crypto Alliance’s political action committee (PAC) to bolster its campaign aimed at educating…
US Representative Condemns Gensler as Most ‘Destructive’ SEC Chair During Hearing
During a recent congressional hearing, United States Representative Tom Emmer criticized Securities and Exchange Commission (SEC) Chair Gary Gensler, labeling him the most “destructive” and “lawless” chair in the regulator’s…
TON-Based Wallet to Support Crypto Assets on Tron
One of the wallets in The Open Network (TON) ecosystem has announced its support for crypto assets on the Tron blockchain. On September 23, the self-custodial wallet MyTonWallet revealed plans…
Crypto Scammers Hack OpenAI’s Press Account on X
OpenAI’s official press account on X has reportedly been compromised by cryptocurrency scammers, continuing a troubling trend that has targeted the company’s leadership in recent months. Phishing for Tokens On…