Search
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
16.9.2024
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where...
UK Court Recognizes USDT as ‘Distinct Form of Property’
16.9.2024
A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets, can be treated similarly to tangible and intangible property in legal disputes. UK Court Recognizes...
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
15.9.2024
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset...
Binance Warns of Malware Targeting Crypto Addresses, Urges Users to Always Verify
15.9.2024
Cryptocurrency exchange Binance has alerted users to a rise in “Clipper malware” attacks that can steal crypto funds. The malware intercepts wallet addresses, replacing them with attackers’. Binance said it has implemented security measures and provided tips to users, including...
Two-Year Investigation Yields Partial Recovery in Crypto Scam
15.9.2024
San Luis Obispo County Sheriff’s detectives in California, United States, have recovered nearly $5,000 of the $17,000 stolen in a cryptocurrency scam targeting victims in Los Osos two years ago. On Sept. 12, 2022, the victims informed authorities that they were deceived by a scammer posing...
US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions
15.9.2024
The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held...
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
15.9.2024
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that...
Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election
14.9.2024
Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a...
Does Hong Kong’s slow approach to crypto regulation risk stifling digital asset growth?
14.9.2024
Hong Kong risks falling behind in crypto as the city is urged to speed up regulation to keep pace with the rapidly evolving industry
Hong Kong should try to speed up crypto regulation: First Digital CEO
14.9.2024
First Digital Trust, which provides crypto custody services for institutions, says that Hong Kong is not yet ready to regulate USD-backed stablecoins
Onedegree, Dubai Insurance Launch Digital Asset Custodial Insurance for UAE Clients
14.9.2024
Onedegree, an Asian digital assets insurer, and its UAE partner, Dubai Insurance, have started offering digital asset custodial risk insurance to clients in the UAE. This new product, approved by the Central Bank of UAE, expands both companies’ product portfolio and offers a comprehensive...
In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance
13.9.2024
As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa, unveils the profound impact of stablecoins on monetary...
‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation
13.9.2024
The company’s focus will be on developing artificial intelligence with 3D perception
‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation
13.9.2024
The company’s focus will be on developing artificial intelligence with 3D perception
All Of The Drama Around The $700 PS5 Pro, Explained
13.9.2024
The PS5 Pro has been rumored for over a year now and turned out to be exactly what most people expected: a similar-looking machine that runs games with incrementally better graphics and performance. The only thing people weren’t expecting was the $700 price tag, and the sticker shock has turned...
Moonpay Secures Registration to Offer Digital Currency Exchange Services in Australia
13.9.2024
Moonpay has successfully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration will enable Moonpay to establish local payment processing relationships and offer Australian users alternative...
North Carolina resists the CBDC tide with new payments ban
13.9.2024
A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal.
Microstrategy Buys 18,300 More Bitcoins, Boosting Total Holdings to 244,800 BTC
13.9.2024
Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date. This acquisition was made...
Hong Kong considers new licensing regime for OTC crypto trading
13.9.2024
Hong Kong's SFC is exploring new licensing regulations for OTC cryptocurrency services, seeking input from industry participants
US lawmakers unite against AI abuse, support NO FAKES Act
13.9.2024
A legal professional warns that the bill could lead to private censorship, posing risks to free speech and creators' rights