Maine Democrats Unable to Respond if Nebraska GOP Alters Electoral College Allocation
As Republicans in Nebraska contemplate a significant change to their state’s Electoral College vote distribution to potentially benefit Donald Trump, their counterparts in Maine find themselves with limited options to…
Standard Chartered Launches Crypto Custody Services in UAE with BTC and ETH
Standard Chartered has officially introduced its cryptocurrency custody services in the United Arab Emirates (UAE). The bank’s new offering will initially focus on Bitcoin (BTC) and Ether (ETH), the top…
Young Consumers Show Diminishing Interest in Traditional Blockchain Loyalty Programs
The landscape of blockchain loyalty rewards programs is evolving rapidly as the Web3 and decentralized application (DApp) sectors mature. Despite these advances, the most sought-after consumer demographic—young adults—demonstrates a growing…
Ethereum Name Service Integrated with PayPal and Venmo for Crypto Transfers
On September 10, ENS Labs announced a new integration that will enable users of Venmo and PayPal to transfer cryptocurrency using Ethereum Name Service (ENS) names. This development is poised…
Brazilian Bank Nubank Halts Trading of Native Crypto Token After 97% Decline in Value
Nubank, one of the largest crypto banks in Latin America and backed by Warren Buffet’s Berkshire Hathaway, has suspended trading of its native cryptocurrency, Nucoin, effective immediately. This decision follows…
UAE Enhances National Crypto Regulation Through Strategic Dubai Partnership
The United Arab Emirates is making significant strides towards a unified regulatory framework for cryptocurrency operations across its territories. This move comes as the Securities And Commodities Authority (SCA), the…
Indodax Halts Operations Following Suspected $22 Million Crypto Hack
Indonesian cryptocurrency exchange Indodax recently faced a severe security breach leading to a suspected loss of approximately $22 million in various cryptocurrencies. In response, Indodax has temporarily disabled both its…
Australian Crypto Investors Await Clear Regulations Before Entering the Market
In Australia, millions of potential cryptocurrency investors are hesitating to enter the market, awaiting clearer regulations. According to Jason Titman, CEO of Swyftx, an Australian crypto exchange, there’s a significant…
Atomic Wallet Secures Dismissal in Class Action Lawsuit Following $100M Hack
In a notable legal development, a United States federal judge has dismissed a class-action lawsuit against Atomic Wallet, an Estonian cryptocurrency firm, due to insufficient jurisdictional grounds. The dismissal, ordered…
Partisan Divisions Emerge in Congress During First Hearing on Decentralized Finance
The first-ever Congressional hearing dedicated to decentralized finance (DeFi) showcased stark divisions along party lines, revealing deep-seated concerns and differing visions for the future of digital finance. The House Financial…
Solo Bitcoin Miner Claims $180,000 Reward by Solving Block Independently
In the competitive world of Bitcoin mining, a solo miner has managed to process a block on their own, securing a reward of approximately $180,000. This event underscores the significant…
Accenture Boosts Its Fintech and CBDC Portfolio by Investing in Emtech
Accenture, a leading global provider of information and financial technology services, has made a strategic investment in the fintech startup Emtech, which specializes in offering software-as-a-service solutions to central banks…
Owner of Unlicensed UK Crypto ATM Network Faces Criminal Charges
The Financial Conduct Authority (FCA) of the United Kingdom has initiated criminal proceedings against Olumide Osunkoya, marking the first case in the UK involving charges related to operating a network…
86% of Web3 Professionals Confident in Crypto’s Future Despite Regulatory Concerns
Despite the regulatory uncertainties looming ahead of the 2024 US presidential election, Web3 professionals are displaying a strong sense of optimism about the industry’s future. According to a recent Consensys…
DOGS Token Achieves Record for Memecoin Adoption with 17 Million Users on The Open Network
The recently introduced Dogs token has set a new benchmark in memecoin history with what is possibly the largest token generation event (TGE) ever recorded. The token, which is part…
Cryptocurrency Influence in Upcoming US Presidential Election
Cryptocurrencies such as Bitcoin are expected to have a notable influence on the forthcoming United States presidential election. As more American investors engage with the crypto market, their concerns about…
Bitcoin ETFs Experience $28.6 Million Inflows After Eight-Day Outflow Streak
United States-based spot Bitcoin exchange-traded funds (ETFs) witnessed a significant turnaround on September 9, 2024, with net inflows totaling $28.6 million. This marked the end of an eight-day period characterized…
Crypto Super PAC Invests $660K in Massachusetts Senate Race as US Election Nears
The Commonwealth Unity Fund, a prominent political action committee (PAC) with strong backing from the cryptocurrency industry, has made significant financial contributions in the race for a United States Senate…
Singapore Probes Illegal Worldcoin Accounts and Token Sales
Worldcoin, a cryptocurrency project known for its controversial approach to capturing identity data, is currently under investigation in Singapore for potential involvement in money laundering and terrorism financing. The scrutiny…
FBI Reports $5.6 Billion in Cryptocurrency Fraud Losses for 2023
The FBI’s Internet Crime Complaint Center (IC3) has unveiled its report on cryptocurrency fraud for 2023, revealing that Americans lost a staggering $5.6 billion due to such schemes. This marks…