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What is Metcalfe’s Law, and why does it matter?
2.8.2023
Metcalfe’s Law suggests that the more people who use a cryptocurrency, the more valuable and useful it becomes
US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
2.8.2023
Officials reportedly speculated an indictment against Binance in the U.S. could cause a run on the exchange similar to what happened with crypto exchange FTX in November 2022
Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance
1.8.2023
The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take possession of the staking reward. IRS Clarifies...
Worldcoin launch sparks debate over data privacy and future of AI
1.8.2023
The Worldcoin launch has sparked a new debate on the future of decentralized identity, artificial intelligence and whether iris-scanning is the only way forward
First major success in US Congress for two crypto bills: Law Decoded
31.7.2023
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act
German government watchdog launched Worldcoin probe in November 2022: Report
31.7.2023
Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin's data collection methods, which involve collecting iris scans from users
Nicki Minaj Swatted In Apparent Prank For The Third Time This Year
31.7.2023
This past weekend, police showed up to musician and newly minted Call of Duty operator Nicki Minaj’s Los Angeles home in what’s being called a swatting prank that’s commonly used against gamers and livestreamers, TMZ reports.Read more
SEC files complaint against HEX founder for allegedly offering unregistered securities
31.7.2023
According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy "a 555-carat diamond, expensive watches, and high-end automobiles.”
Crypto Mining Crackdown in Malaysia: Sarawak Police and Energy Plant Dismantle Illegal Mining Operation
31.7.2023
A covert cryptocurrency mining operation, suspected of electricity theft, was uncovered in a Marina Square shophouse in Miri, Malaysia. Representatives from the Sarawak police and Sarawak Energy plant revealed that the successful operation was made possible by a tip-off from the public....
Kenyan Data Regulator Issues Warning as Residents Rush to Get Worldcoin’s ‘Free Money’
30.7.2023
The Kenyan data regulator said it is conducting an “assessment of Worldcoin’s practices to ensure compliance with the law.” The data regulator has urged “increased vigilance” by Kenyans who are signing up to receive Worldcoin’s “free money.”...
Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
30.7.2023
John E. Deaton believes the unequal treatment raises concerns about the regulatory body's effectiveness and fairness, as well as the overall framework for digital assets
DOJ seeks SBF's bail revocation over tampering, diary leak allegations
30.7.2023
The letter revealed that on January 15, 2023, the defendant reached out to the current General Counsel of FTX U.S., who could potentially serve as a witness in the trial
US banking advocacy group support Sen. Warren’s reintroduced crypto bill
29.7.2023
According to the Bank Policy Institute, the inclusion of digital assets in the anti-money laundering framework is essential to safeguard the United States' financial system and protect it from illicit finance
SEC, Binance unite against Eeon's lawsuit intervention
29.7.2023
The US SEC contends that Eeon has a history of repeatedly representing themselves in court cases, but their claims have consistently been unsuccessful in federal courts
Netflix's One Piece Live-Action Trailer Has A Treasure Trove Of Anime Easter Eggs
28.7.2023
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Sam Bankman-Fried's legal team turns over docs related to NYT story, requests they be sealed
28.7.2023
Lawyers claimed there was a "need to avoid" the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter which led to a story on Caroline Ellison
Bolivian Central Bank Using Chinese Yuan for International Settlements
28.7.2023
Economy Minister Marcelo Montenegro acknowledged that the Bolivian Central Bank is harnessing the Chinese yuan in its commercial settlements. The switch to using the Chinese currency has to do with the dollar scarcity that the country is facing, having to approve a law to sell part of its gold...
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
27.7.2023
Republican leadership has blamed the Biden administration for not having a "sense of urgency" on stablecoins, while the Democratic response suggested "impatience" by lawmakers
Block.one ICO damages ‘far beyond’ $22M, ENF founder says
27.7.2023
Block.one owes much more to EOS investors than just $22 million after the $4 billion ICO, EOS Network Foundation CEO Yves La Rose believes
Spain's A&G Launches New Crypto Fund Under Spanish Law with PwC Oversight
27.7.2023
Spanish private bank A&G has launched Spain’s first locally regulated crypto hedge fund, the firm announced this week.
The crypto hedge fund has been registered under the name Criptomonedas, F.I.L., and will be overseen by Spain’s financial markets regulator, Comisión Nacional del Mercado...