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Global Crypto Advocacy Movement Reaches Canada

[Jul 13, 2024 2:17 AM] Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices…

Hiro Systems Applauds SEC Decision to Close Stacks Investigation

[Jul 12, 2024 8:48 AM] The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, with no recommended enforcement actions. This investigation began in 2021 despite…

SEC Secures Default Judgments in $45 Million Coindeal Fraud Case

[Jul 11, 2024 8:31 PM] The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45…

Crypto Support Surges Among GOP Voters, Poll Finds

[Jul 11, 2024 6:30 PM] A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as central bank…

Celer Network Thwarts Attempted Domain Takeover

[Jul 11, 2024 12:20 PM] Celer Network, a blockchain and cross-layer platform, said on July 11, 2024 (9:38 am EST), that it thwarted an attempt to take over its domains. The platform claimed it recovered all the Domain Name System (DNS) records. An investigation found the…

SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin

[Jul 11, 2024 8:54 AM] The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year…

Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations

[Jul 11, 2024 12:33 AM] The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23…

Trump to Address Bitcoin 2024 Conference in Nashville

[Jul 10, 2024 7:26 PM] According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential candidate, will be speaking at Bitcoin 2024 in Nashville. This announcement follows Trump’s recent support for bitcoin…

Javascript Is Coming to Tezos X Blockchain

[Jul 9, 2024 1:16 PM] Tezos X announced the development of Jstz (pronounced “justice”), a Layer 2 rollup that will allow developers to use Javascript, a programming language used by nearly 23 million developers worldwide, on the blockchain. This move is…

Riot Platforms Proposes Comprehensive Plan to Improve Bitfarms

[Jul 8, 2024 11:13 PM] Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special…

Bitfarms Leadership Change: Ben Gagnon Named CEO

[Jul 8, 2024 7:11 PM] Bitfarms Ltd. (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer, effective immediately. Gagnon, previously chief mining officer, has significantly contributed to Bitfarms’ growth over the…