[Aug 17, 2024 12:30 AM] In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital…
[Aug 16, 2024 11:30 PM] 21shares, a company focused on providing crypto-based exchange-traded products (ETP), recently highlighted the growth of its Toncoin-focused product. The organization, which manages over $3 billion for its customers, celebrated the milestone of its…
[Aug 16, 2024 2:20 PM] On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to…
[Aug 15, 2024 12:30 PM] South Africa has published a national policy framework for artificial intelligence (AI) and is seeking feedback from stakeholders. This framework is the first step towards developing a comprehensive national AI policy. It aims to foster a robust AI…
[Aug 15, 2024 9:30 AM] Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse…
[Aug 15, 2024 8:30 AM] Jailed Binance employee and an American citizen, Tigran Gambaryan, is reportedly experiencing severe health issues. Since a Nigerian court adjourned his hearing to October 11, his detention conditions have worsened, and his legal team has been…
[Aug 15, 2024 6:30 AM] A pro-cryptocurrency political group, Fairshake PAC, has invested millions in supporting Democratic Senate candidates in Michigan and Arizona against former President Donald Trump-endorsed Republicans, causing tension within the GOP. Fairshake PAC…
[Aug 14, 2024 9:30 PM] Essential has successfully secured $11 million in Series A funding. The round was led by Archetype, with contributions from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini, DCLM, and…
[Aug 14, 2024 7:30 PM] Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in…
[Aug 14, 2024 5:45 PM] A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained…
[Aug 14, 2024 10:03 AM] Crypto.com and UEFA have announced a multi-year partnership, making Crypto.com the first and exclusive global cryptocurrency platform partner of the UEFA Champions League. This collaboration aims to enhance fan engagement by integrating…
[Aug 14, 2024 9:30 AM] The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised…
[Aug 14, 2024 8:30 AM] A scam email targeting residents of Montgomery County, Pennsylvania, is falsely soliciting Bitcoin payments to resolve supposed arrest warrants. The fraudulent emails claim to be from authorities like the “FDIC government office warrant…
[Aug 13, 2024 7:25 AM] The Superintendence of Data Protection, Ecuador’s data protection agency, stated that it lacks the resources needed to assess the compliance of Worldcoin, the biometric and universal basic income (UBI) project, with the country’s laws…
[Aug 13, 2024 2:10 AM] Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed…
[Aug 11, 2024 8:50 PM] Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure, offering both binary and non-binary settlement options…
[Aug 11, 2024 8:49 AM] Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the…
[Aug 11, 2024 7:30 AM] The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its senior executives with fraud for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu, current CEO Alfred Poor…
[Aug 11, 2024 5:30 AM] Connecticut State Police (CSP), in collaboration with the Statewide Prosecution Bureau, said on Wednesday that they have successfully recovered over $63,500 for a victim of a cryptocurrency phishing scam. The incident, reported in April by a…
[Aug 11, 2024 3:30 AM] Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was…
[Aug 10, 2024 4:30 AM] According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including…
[Aug 10, 2024 3:30 AM] The government of President Javier Milei has created a security-focused artificial intelligence (AI) unit that will use learning algorithms and other technologies to supervise the internet and predict crimes before they happen in Argentina. The…
[Aug 9, 2024 5:40 PM] In a recent interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the current economic situation might surpass the 2008 financial crisis in severity. Drawing comparisons to pre-2008 indicators…
[Aug 9, 2024 3:11 PM] Automobili Lamborghini and Animoca Brands, known for non-fungible tokens (NFTs), Web3 gaming, and the metaverse, have announced a collaboration to enhance brand engagement in the automotive industry. This partnership aims to deliver unique…
[Aug 9, 2024 9:25 AM] The U.S. Federal Reserve has taken decisive action against Customers Bank, highlighting significant compliance deficiencies in its digital asset strategy and instant payments network. The enforcement action mandates the bank to bolster its…
[Aug 9, 2024 6:39 AM] Venezuelan President Nicolas Maduro announced that he signed a document authorizing Conatel, the telecom regulator, to block access to the X social network for 10 days. This requires its owner, Elon Musk, to present several documents before…
[Aug 8, 2024 10:15 AM] Mutiny Wallet has announced that it will be shutting down its operations by the end of 2024 due to significant technical challenges in Bitcoin Lightning wallet development. The company is exploring alternative products and has decided to wind down…
[Aug 8, 2024 9:20 AM] Bitgo, a provider of digital asset solutions, has obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS). This follows an in-principle approval received several months ago. With this license, Bitgo can now…
[Aug 8, 2024 8:30 AM] Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,”…
[Aug 8, 2024 6:30 AM] Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a…
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