General News

Coinbase Accuses SEC of Stifling the Crypto Industry

Cryptocurrency exchange Coinbase has accused the United States Securities and Exchange Commission (SEC) of intentionally stifling the digital assets industry. In a May 31...

Nigeria Seeks Crypto Clarity One Year into Tinubu’s Tenure

One year into President Bola Tinubu’s tenure, Nigeria's crypto industry is grappling with confusion and concern. While Tinubu’s campaign promised to legalize cryptocurrency and...

PayPal’s PYUSD Now Available on Solana Blockchain

Online payment giant PayPal has announced the official launch of its PYUSD stablecoin on the Solana blockchain. The company revealed this expansion in a...

Mastercard’s Crypto Credential Simplifies Blockchain Transactions

Mastercard has launched its new Crypto Credential feature, allowing users to send and receive cryptocurrency using specific usernames instead of traditional, complex wallet addresses....

SEC Issues Warning on Five Common Crypto Scams

The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy has issued a warning to investors about the growing threat of...

Binance Founder CZ Begins Prison Term Amid Money Laundering Scandal

Changpeng Zhao, the founder of Binance, has started serving his four-month prison sentence at a low-security federal facility in Lompoc, California. His legal team...

Japanese Crypto Exchange DMM Bitcoin Loses $305M in Hack

Details of the Hack and Immediate Response Japanese cryptocurrency exchange DMM Bitcoin has reported a significant security breach resulting in the loss of 48 billion...

$26M Airdrop Fiasco by Bybit Restructures Executive Team

Crypto exchange Bybit has announced internal role changes for several executives following a flawed airdrop that led to a $26 million compensation payout to...

Ripple CEO Predicts XRP ETF as “Inevitable”

At Consensus 2024, Ripple CEO Brad Garlinghouse expressed confidence in the future of crypto exchange-traded funds (ETFs). He declared that the approval of an...

President Biden Vetoes Repeal of SEC Cryptocurrency Guidelines

President Joe Biden has vetoed a resolution aimed at overturning the U.S. Securities and Exchange Commission's (SEC) Staff Accounting Bulletin (SAB) No. 121. This...

Ethereum ETF Fee Disclosure by Franklin Templeton

Franklin Templeton has launched the first salvo in the spot Ethereum ETF "fee war" by disclosing its fees in an amended S-1 application. This...

Former Deutsche Bank Executive Sentenced to 41 Months for Fraud Schemes

On May 31, Rashawn Russell, a former Deutsche Bank executive, was sentenced to 41 months in prison by the Eastern District of New York...