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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…

Polymarket Sets Position on Venezuelan Election Bet Outcome

[Jul 30, 2024 10:30 AM] Polymarket, the cryptocurrency-based prediction markets platform, explained its position regarding the bet on the Venezuelan presidential election. While opposition forces alleged that voting fraud had been committed, President Nicolas Maduro, who…

Justin Sun Calls for Restoration of Bitcoin Emoji on X

[Jul 29, 2024 9:55 AM] Justin Sun, founder of Tron, called for the restoration of the bitcoin emoji on X. Sun stated that the bitcoin emoji had become tradition, and that, as former U.S. president Donald Trump had declared, the original cryptocurrency was poised to…

Coinbase to Provide Custody for Australian Bitcoin ETF BTXX

[Jul 29, 2024 7:00 AM] Digitalx, an ASX-listed company, has selected Coinbase to deliver custody and advanced trading execution services for its recently approved Bitcoin exchange-traded fund (BTXX) in Australia. This partnership will offer qualified Australian investors…

El Paso Man Fined $31M for Forex and Crypto Fraud

[Jul 28, 2024 12:06 AM] A federal court has ordered Abner Alejandro Tinoco and his company, Kikit & Mess Investments LLC, to pay over $31 million for forex and cryptocurrency fraud. The order includes $6.2 million in restitution, $6.3 million in disgorgement, and an…

Worldcoin Gets Hit With $200,000 Fine in Buenos Aires

[Jul 27, 2024 8:08 PM] Worldcoin, the biometric, iris-based ID and universal basic income (UBI) project, has been sanctioned with fines for over $200,000 in the Buenos Aires province. The fines answer to several violations of the National Consumer Defense Law, such as…

FBI Seizes Cryptocurrency Linked to North Korean Ransomware

[Jul 27, 2024 3:30 AM] A grand jury in Kansas City indicted North Korean national Rim Jong Hyok for his role in a conspiracy involving ransomware attacks on U.S. hospitals and healthcare providers. The group laundered cryptocurrency proceeds and used the funds for…

Zimbabwe Injects $50M in Forex Market to Stabilize Currency

[Jul 26, 2024 4:20 PM] Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million into the interbank foreign exchange market to stabilize the economy. This move comes as the parallel market exchange rate is significantly higher…

Georgia Man Sentenced to Prison for Cryptocurrency Computer Fraud

[Jul 26, 2024 12:30 AM] Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum…

Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud

[Jul 25, 2024 11:30 PM] The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity…

Justin Sun Mocks Kamala Harris With Made-up Campaign Slogan

[Jul 25, 2024 12:31 PM] Justin Sun, the founder of the Tron cryptocurrency ecosystem, mocked the current U.S. Vice President and favorite to be designated as the Democratic candidate for the U.S. presidency, Kamala Harris. He joked about a possible slogan for her upcoming…

HSBC Australia Blocks Payments to Crypto Exchanges

[Jul 25, 2024 10:27 AM] HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this…

Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth

[Jul 25, 2024 12:54 AM] Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including…

Ferrari Launching Crypto Payment System for European Market

[Jul 24, 2024 4:50 PM] Ferrari, the iconic Italian luxury sports car manufacturer, announced on Wednesday that it will introduce its cryptocurrency payment system to European dealers by the end of July 2024. This move follows the successful launch of crypto payments in…