Judge Has ‘Strong Views’ About Coinbase Inquiry into Gensler’s Private Messages
A federal judge overseeing the US Securities and Exchange Commission (SEC) case against Coinbase has suggested that the cryptocurrency exchange may not be able to investigate Chair Gary Gensler’s private…
Coinbase Launches Unified Onchain Monitoring Through New Wallet App
Coinbase is set to release a new version of its cryptocurrency wallet, designed to enable users to access and manage their portfolios across multiple platforms from a single interface. Comprehensive…
SEC Decides Not to Pursue Enforcement Action Against Paxos
The US Securities and Exchange Commission (SEC) has announced its intention to cease its investigation into stablecoin issuer Paxos and will not file an enforcement case. This decision comes after…
Crypto Miners in Malaysia Stole $723M in Electricity Since 2018
In Malaysia, illegal cryptocurrency mining operations have siphoned off approximately $723 million worth of electricity between 2018 and 2023, a staggering revelation made by the country’s Deputy Minister for Energy…
Potential Security Breach at Compound Finance Site, According to ZachXBT
The Compound Finance website appears to have been hijacked, as crypto investigator ZachXBT has recently warned the digital finance community to steer clear of the site due to potential security…
The Struggles of Law Enforcement with Sophisticated Crypto Laundering Techniques
A recent report by Chainalysis highlights the growing challenge posed by sophisticated money laundering techniques within the cryptocurrency ecosystem. Released on July 11, the “Money Laundering and Cryptocurrency Report” reveals…
Accelerator Highlights Increase in Crypto Startups in Asia and Africa This Year
In the rapidly evolving landscape of cryptocurrency startups, the first half of 2024 has marked a significant shift in the geographical distribution of new companies entering the space. Recent data…
US Lawmakers Convene with Crypto Industry Executives in Capitol Hill Roundtable
On July 10, a strategic roundtable was held in Washington D.C., bringing together members of the United States Congress and a senior advisor to President Joe Biden, who participated in…
Goldman Sachs to Launch New Tokenization Products Amid Rising Crypto Interest
Goldman Sachs is gearing up to introduce three new tokenization products later this year in the United States and Europe. This move follows a significant surge in client interest in…
Portal Introduces ‘PortalPay’ Interoperability for Blockchain Gaming
Portal, a unified blockchain gaming platform, has launched its new service, PortalPay. This innovative service is designed to lower the barriers to entry for blockchain gaming by offering an interoperability…
Coinbase to Launch “Stand With Crypto” Initiative in Canada
Cryptocurrency exchange Coinbase is expanding its advocacy for digital asset regulation to Canada after successful initiatives in the United States and the United Kingdom. Launching Stand With Crypto Canada In…
Whale Transfers $50M in ETH Amid ETF Anticipation
An Ethereum whale has made waves in the crypto community by withdrawing 16,449 Ether, valued at approximately $50.3 million, from Binance. This significant transaction occurred as the price of Ether…
Bitcoin Mining Set to Enhance UK’s Renewable Energy Grid
Bitcoin mining offers numerous potential use cases beyond maintaining network security and integrity, such as utilizing GPUs to power machine learning and large gaming setups. One United Kingdom-based Bitcoin advocacy…
Binance Nears Conclusion of Majority Stake Sale in Gopax, Reports Indicate
Binance, the global cryptocurrency exchange, is reportedly on the verge of significantly reducing its majority stake in the South Korean exchange Gopax. According to a recent report by The Chosun…
Cyprus Urges Joint Action Against Crypto-Based Terrorism Financing
The regulatory authority in Cyprus has called upon accounting and audit professionals to play a crucial role in detecting and preventing terror financing activities. This effort emphasizes a special focus…
Bank of Italy to Release Crypto Guidelines in ‘Coming Days’ — Governor
Italy’s central bank will publish guidelines on how to apply incoming European Union crypto regulations “in the coming days,” Bank of Italy Governor Fabio Panetta announced on Tuesday, July 9.…
German Gov’t Prepares for Next $276M BTC Sell-Off
The German government has continued its Bitcoin sell-off, sending approximately 3,100 BTC worth around $178 million within the span of an hour on July 9. Recent Transactions and Holdings Simultaneously,…
Nigerian Minister Urges SEC to Tackle Crypto Regulation Challenges
The Nigerian Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emphasized the importance of addressing the complexities of cryptocurrency regulation to the newly inaugurated Securities and…
German Government’s $354M BTC Sell-Off Signals Potential for Increased Volatility
The wallet labeled “German Government (BKA)” on Arkham Intelligence has loaded up 6,000 more Bitcoin worth $354 million in preparation for the next round of BTC sell-offs. This move signals…
Crypto Exploits Near $1.4B This Year as Hackers Target CeFi: Report
According to cybersecurity firm Cyvers’ mid-year Web3 security report, the total volume of stolen crypto funds in 2024 is nearing $1.4 billion, with centralized exchanges (CeFi) emerging as the primary…