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The Cryptocurrency Open Patent Alliance (COPA) has partnered with Unified Patents to tackle the growing issue of “patent trolls” in the blockchain and crypto industry. These so-called trolls, or non-practicing entities (NPEs),…
In a potentially monumental development for Bitcoin and the cryptocurrency market, Ohio Senator Niraj Antani has introduced a bill that would legalize the use of Bitcoin (BTC) for paying state taxes and…
Jesse Pollak, the creator of Ethereum layer 2 blockchain Base, is stepping into a new leadership role at Coinbase, where he will also take over management of Coinbase Wallet. This strategic move,…
The U.S. Securities and Exchange Commission (SEC) secured another significant legal victory in the crypto space, winning a judgment against Rivetz Corp and its CEO, Steven Sprague, for conducting an unregistered initial…
A Bitcoin mining firm, NewRays, has filed a lawsuit accusing an Arkansas County judge and prosecutor of unfairly using local noise laws to target its business. The company claims selective enforcement of…
On September 30, California Governor Gavin Newsom vetoed SB 1047, a widely debated artificial intelligence (AI) safety bill. While acknowledging the bill’s good intentions, Newsom expressed concerns that it would place undue…
A cryptocurrency wallet lost $32 million worth of Spark Wrapped Ethereum (spWETH) on September 27, 2024, in a well-coordinated phishing scam. According to blockchain security firm CertiK, the wallet, ending in “e57,”…
The FBI has seized over $6 million in cryptocurrency from Southeast Asian scammers involved in sophisticated schemes targeting U.S. citizens. The scammers, using confidence-based investment scams, tricked victims into transferring funds to…
Visa is taking another major step into the digital asset space by launching a platform designed to help banks test tokenized assets and smart contracts. This new venture will enable financial institutions…
The Securities and Exchange Commission (SEC) has granted approval to the Bank of New York Mellon Corp (BNY) to expand its custody of cryptocurrency assets, marking a significant development in traditional banking’s…
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