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DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes

[Aug 2, 2024 9:18 PM] The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses…

Bahamas Enacts Digital Assets and Registered Exchanges Act

[Aug 2, 2024 8:30 AM] The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024 builds on the DARE Act, 2020, introducing…

Bitcoin Miner Cleanspark Acquires Wyoming Mining Site

[Aug 2, 2024 3:30 AM] Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity…

FBI Issues Warning About Crypto Exchange Scams

[Aug 2, 2024 2:30 AM] The Federal Bureau of Investigation (FBI) has warned cryptocurrency users about scammers impersonating crypto exchange employees to steal funds through unsolicited messages or calls. These fraudsters create urgency, claiming issues with accounts to…

US Spot Ethereum ETFs Record $77.21M Outflow

[Aug 1, 2024 1:12 PM] On Wednesday, U.S.-based spot ethereum exchange-traded funds (ETFs) experienced a day of outflows, with $77.21 million withdrawn from the funds. While six ETFs reported inflows, Grayscale’s Ethereum Trust (ETHE) saw a substantial reduction…

76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M

[Aug 1, 2024 12:10 PM] Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally…

Bitcoin Core Discloses Two Security Vulnerabilities

[Aug 1, 2024 8:08 AM] The Bitcoin Core project has disclosed two security vulnerabilities that could have affected the stability of the Bitcoin network. The first one, classified as having a high severity level, could have caused an assertion crash of the network via a…