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Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
11.9.2024
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted...
Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy
11.9.2024
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies...
tZero becomes 2nd FINRA-approved broker-dealer for digital securities
10.9.2024
The company is following the steps of Prometheum, which now treats four cryptocurrencies as securities
Ramp Network Expands Crypto Services to All 50 US States
10.9.2024
Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more states, making it easier for users to buy and sell...
Standard Chartered begins UAE crypto custody services with BTC, ETH
10.9.2024
Standard Chartered was approved by the Dubai Financial Services Authority to offer crypto custody solutions in the UAE.
AI deepfake attacks will extend beyond videos and audio: Security firms
10.9.2024
AI-powered deepfake scams are rising, targeting crypto wallets. Experts warn of evolving threats, urging users to protect their digital assets in 2024
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments
10.9.2024
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory...
FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams
10.9.2024
The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses, highlighting the growing exploitation of digital...
Kamala Harris releases policy platform details — No mention of crypto
9.9.2024
The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries
Kamala Harris releases policy platform details — No mention of crypto
9.9.2024
The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries
Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play
9.9.2024
Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken
Roblox will allow devs to skip Robux and charge players in fiat money
7.9.2024
The company has also partnered with Shopify to enable physical merchandise sales from directly within Roblox experiences
NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts
7.9.2024
After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a notable 36.93% drop from the previous week....
September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit
7.9.2024
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their combined market caps shrink the most, dragging...
Binance Kazakhstan Receives Formal Consent for Regulatory License
7.9.2024
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including...
Escaping the Casino: How Tokenized Assets Will Save DeFi From Itself
6.9.2024
Vitalik Buterin is right: DeFi today is a circular speculative economy. The bigger opportunity lies in bringing traditional capital markets on-chain, so that crypto reaches the mainstream, says Zach Rynes (aka ChainLinkGod), who serves as a Chainlink Community Liaison
South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
6.9.2024
The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals...
Monochrome confident as it files for Australia's first ETF to hold Ether directly
6.9.2024
Monochrome’s CEO says the firm's Bitcoin ETF has seen growth off the back of its in-kind subscription mechanism and hopes an Ether ETF could see similar inflows.
Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General
6.9.2024
Kansas Attorney General Kris Kobach announced the recovery of an international crypto wallet and stated that the funds will be returned to a Kansas resident defrauded in a crypto scam. This followed a lawsuit against Bimbo Toyin Akinyemi, a Nigerian national accused of the fraud. The court ordered...
Hedera, IOHK join DeRec Alliance as final founding members
5.9.2024
Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards