Prediction Markets Surge 565% in Q3, Driven by US Elections
Prediction markets experienced remarkable growth in the third quarter of 2024, primarily fueled by bets on the upcoming United States presidential election. This event is anticipated to have wide-reaching implications…
Vitalik Buterin Reflects on Ethereum’s Future After the Merge
Ethereum co-founder Vitalik Buterin recently took to social media to share his reflections on the state of the protocol and its potential evolution following the historic Merge. In a detailed…
Vitalik Buterin Sells Additional $1.6 Million in Memecoins Designated for Charity
Ethereum co-creator Vitalik Buterin has converted another $1.6 million worth of memecoins into Ether, a portion of which he previously pledged to donate to various charitable organizations. This recent sale…
‘Off The Grid’ Exposes Mainstream Audiences to Blockchain Gaming
Gunzilla Games’ “Off The Grid,” a free-to-play, third-person battle royale game, has taken the gaming world by storm, currently ranking as the top free-to-play title on the Epic Games online…
ZachXBT Reports Increase in Offline Crypto Robberies Targeting Traders
Blockchain investigator ZachXBT has reported a disturbing rise in messages from individuals claiming to be victims of in-person cryptocurrency robberies. In a post on October 10, ZachXBT stated that he…
Crypto Companies Paid $19 Billion in Settlements to U.S. Regulators in 2024
In 2024, U.S. regulators have collected over $19 billion in lawsuit settlements from cryptocurrency companies, representing nearly two-thirds of all settlements to date. An October 9 report from CoinGecko highlights…
Eswatini Unveils Design for Tokenized Retail Central Bank Digital Currency
The Central Bank of the Kingdom of Eswatini, a landlocked nation with a population of approximately 1.2 million, situated between South Africa and Mozambique, has released a design paper outlining…
Dubai’s Crypto Regulator Takes Action Against Unlicensed Firms
Dubai‘s Virtual Assets Regulatory Authority (VARA) has launched a significant crackdown on unregulated cryptocurrency companies and those violating its marketing regulations. On October 9, VARA announced that it had issued…
Argentina Surpasses Brazil in Cryptocurrency Inflows
Argentina has officially overtaken Brazil as the leading country in Latin America for cryptocurrency inflows. Between July 2023 and June 2024, Argentine crypto users deposited an astonishing $91 billion in…
South Korea Permits Division of Cryptocurrency Holdings in Divorce Settlements
Married couples in South Korea can now legally divide their cryptocurrency holdings during divorce proceedings, according to IPG Legal, a law firm specializing in the country’s legal system. This development…
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…