The DeFi Education Fund and the Blockchain Association have filed an amicus brief supporting a legal challenge against the United States Securities and Exchange Commission (SEC) and its Chairman Gary Gensler. The…
Authorities in North Carolina have seized nearly $5 million in cryptocurrency linked to a sophisticated investment fraud scheme known as “pig butchering.” This scheme involved criminals luring victims into fake romantic relationships…
Bitcoin recently surged 4% between August 21 and 22, holding firmly above the $60,000 mark despite some waning momentum. Analysts suggest that a break above the $62,000 resistance level is crucial for…
India’s cryptocurrency regulation is on the brink of a major shift as the Department of Economic Affairs (DEA) prepares to release a crucial consultation paper expected in September or October 2024. This…
Hong Kong’s Securities and Futures Commission (SFC) is tightening its scrutiny on cryptocurrency exchanges that are yet to fully comply with its licensing requirements, as the region seeks to establish itself as…
Defunct cryptocurrency exchange Mt. Gox has made its first significant Bitcoin transfer since July 30, moving around 12,000 BTC worth approximately $709.4 million to a new, unidentified wallet address. The transaction occurred…
The Bank of Ghana (BoG) has introduced draft regulations aimed at establishing a comprehensive framework for the cryptocurrency industry in the country. Released on August 16, these proposed rules seek to protect…
Former U.S. President Donald Trump reportedly holds a significant amount of Ether (ETH) and has profited handsomely from non-fungible token (NFT) licensing deals, according to recent election disclosures. These documents reveal that…
Bitcoin miners have a chance to significantly boost their profitability by reallocating some of their energy capacity towards the growing sectors of artificial intelligence (AI) and high-performance computing (HPC), according to a…
Decentralized finance (DeFi) is witnessing a resurgence, with the lending and borrowing platform Aave reaching a new all-time high in weekly active borrowers. On August 14, Aave founder Stani Kulechov shared that…
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