Fairdesk crypto exchange to shut down over regulatory concerns
The Singapore-based exchange will officially shutter on Nov. 30, 2024.
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Sen. Hagerty introduces Clarity for Payment Stablecoins Act of 2024
The new bill is a refinement of Rep. Patrick McHenry’s 2023 bill, which has bipartisan support.
WEF talks DeFi regulation, HKDA stablecoin integrates Chainlink: Finance Redefined
The World Economic Forum has urged policymakers to adopt sandbox-based frameworks to enhance regulatory clarity for DeFi innovations and address key risks.
Mt. Gox pushes repayment plan deadline to October 2025
The trustee overseeing Mt. Gox assets has extended the deadline for creditors’ restitution to October 2025 as over 44,900 BTC remains unpaid.
Bipartisan support for crypto is ‘fragile’ — Congressman John Curtis
71 Democrats joined their Republican colleagues in a rare bipartisan effort to repeal the SEC’s SAB-121 guidelines from earlier this year.
Uber stock jumps, Tesla stumbles after Elon Musk’s Cybercab reveal
Tesla’s failure to demonstrate progress in the field of autonomous vehicles appears to be making investors skittish.
Ex-FTX exec scheduled to report to prison after judge denies request
Judge Lewis Kaplan cited prosecutors’ opposition, which noted that Ryan Salame appeared “physically recovered and entirely unimpaired” during a recent Tucker Carlson interview.
DOJ pushes to break up Google’s search monopoly in antitrust case
The US Department of Justice aims to dismantle Google’s dominance in online searches, raising questions about the future of Big Tech and its influence.
Bitcoin surfs US PPI overshoot as BTC price recovers from sub-$59K dip
Bitcoin appears to take a hot PPI print in its stride after a 4% BTC price recovery.
FBI token: How the FBI used a fake AI fund coin to nab fraudsters
The FBI’s 'NexFundAI' coin was used to catch alleged market manipulators, but the crypto community may have confused it with another coin.
Bitcoin to have ‘crazy decade’ as global wealth managers dive in
Cointelegraph spoke with Riot Platforms’ Pierre Rochard and Metaplanet’s Dylan LeClaire at the Bitcoin Amsterdam 2024 conference.
Ethereum eyes 40% gains as ETH price fractal approaches final phase
ETH price could rise 40% from its bullish fractal pattern despite Ether’s sideways consolidation over the past week.
Why are non-KYC exchanges trending? Here’s what you need to know
Non-KYC exchanges are trending due to their appeal of offering anonymity, privacy and easier access for users who want to avoid identity verification requirements.
Ryan Salame claims US unfairly targeted him over Republican donations
Former FTX co-CEO Ryan Salame claims his Republican campaign contributions led to unjust charges and contrasted his case with SBF’s.
Elon Musk says unsupervised self-driving cars would ‘save lives’
Tesla CEO Elon Musk revealed plans for autonomous robot vehicles at a Hollywood event, introducing the “Robotaxi” and “Cyber Cab” for public transportation.
Nigerian court denies bail for Binance exec despite health concerns
Judge Emeka Nwite ruled that Tigran Gambaryan should stay in prison unless his health condition poses a threat to others and quarantine is unavailable.
Bitcoin Amsterdam: Flawed research drives harmful Bitcoin policies
Speakers at the Bitcoin Amsterdam 2024 conference discussed how flawed academic studies on Bitcoin fuel misinformation, affect media coverage and lead to misguided policies.
BTC price gains 'on horizon' as Bitcoin whales buy 1.5M BTC — Analysis
Bitcoin’s biggest whales are in clear accumulation mode while speculators stage knee-jerk sell-offs at a loss.
Stripe’s new stablecoin option gains traction in 70 countries on day 1
Stripe introduces USDC payments, marking a significant moment for crypto adoption as stablecoin transactions see global demand.
FTX user sues hedge fund over bankruptcy profits
Nikolas Gierczyk alleged that the hedge fund that bought his FTX claims refused to honor an agreement allowing additional recovery of his funds.
AI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: Report
The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato.
Crypto-staking Jarretts again sue IRS over block reward taxes
A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.
Crypto ETF issuer Fidelity says breach leaked data of 77K customers
Fidelity said personal information was stolen in a recent data breach but stressed that its customer accounts weren’t affected.
Feds want Bitfinex hacker ‘Razzlekhan’ jailed for 18 months
Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence because she provided “substantial assistance” to the government.
Bitnomial sues SEC over claim that XRP is a security
The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit.
NFT holders sue art gallery alleging it broke metaverse promise
A group of NFT holders sued the creators of the collection, claiming they made no significant steps to fulfill promised perks and had no knowledge of blockchain.
SEC Commissioner Mark Uyeda slams agency’s crypto policy as a ‘disaster’
The SEC’s Mark Uyeda says the regulator’s approach to crypto has been “the wrong one,” and it needs to provide clear guidelines before launching enforcement actions.
SEC settles with trading firm over $4M ‘AI-washing’ scheme
The SEC alleged that Rimar LLC’s executives overstated the AI capabilites of
Plus Token’s $1.3B ETH could be sold, ‘Crypto King’ arrested: Asia Express
New analysis suggests $1.3B of ETH from Plus Token Ponzi could be headed to exchanges; Upbit monopoly sparks bank run fears. Asia Express.
Uniswap (UNI) books 25% weekly gain leading into Unichain launch
UNI defies the marketwide sell-off by posting a 10%+ gain after the launch of Unichain.