US Senate Approves Bill to Block Federal Reserve CBDC Until 2030
The U.S. Senate has approved a major bill that would prevent the Federal Reserve from issuing a central bank digital currency, or CBDC, until the end of 2030. The measure passed with…
Taiko Halts Block Production After Bridge Exploit, Tells Users to Withdraw Funds
Ethereum Layer 2 network Taiko has halted block production after an exploit tied to its bridge, and the project is urging users to withdraw funds while the team investigates the incident. The…
Texas Brothers Face 20 Years After $8M Crypto Kidnapping Plea
Two Texas brothers pleaded guilty in Minneapolis federal court after prosecutors said they held a Minnesota family at gunpoint and forced more than $8 million in cryptocurrency transfers. Isiah Angelo Garcia, 25,…
South Korea Crypto Tax Repeal Petition Draws 58,000 Signatures as 2027 Deadline Nears
A public petition seeking to repeal South Korea’s planned crypto tax closed with more than 58,000 signatures on June 12, pushing the issue into the National Assembly review process as investors challenge…
India’s Crypto Industry Faces Scrutiny in $290 Million FEMA Investigation
India’s Enforcement Directorate (ED) has intensified its scrutiny of the cryptocurrency sector by conducting searches at six locations in Bengaluru as part of a Foreign Exchange Management Act (FEMA) investigation. The probe…
Kentucky Attorney General Targets Polymarket and Kalshi in New Sports Betting Lawsuit
FRANKFORT, Kentucky – Kentucky Attorney General Russell Coleman has launched legal action against prediction market platforms Polymarket and Kalshi, claiming they operate unlicensed sports betting services in the state. The lawsuits add…
Illinois Approves First Statewide Crypto Transaction Tax, Industry Raises Concerns
Illinois has become the first U.S. state to introduce a broad tax on digital asset transactions after Governor J.B. Pritzker signed Senate Bill 3019 into law. The measure is part of the…
How Solana and Tron Became the Go-To Rails for USDT Transfers
A trader closes out a position on Bybit late in the evening, pulls the profit into a USDT balance, and decides to move it somewhere else. A few years ago, that would…
Tether Ends Gold-Backed Stablecoin aUSDT to Focus on Core Growth Areas
Tether has officially discontinued Alloy by Tether USD (aUSDT), its gold-backed derivative stablecoin that aimed to combine dollar stability with tokenized gold collateral. The move signals a shift in the company’s strategy…
Why On-Chain Withdrawal Speed Beats Exchange Transfer Times Every Time
Anyone who watches order books and liquidation feeds all day knows that crypto moves at the speed of a block, not the speed of a bank. Yet ask a trader how long…
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