General News

Ohio Senator Introduces Bill to Legalize Bitcoin for Tax Payments

In a potentially monumental development for Bitcoin and the cryptocurrency market, Ohio Senator Niraj Antani has introduced a bill that would legalize the use...

Base Creator Jesse Pollak Joins Coinbase Exec Team

Jesse Pollak, the creator of Ethereum layer 2 blockchain Base, is stepping into a new leadership role at Coinbase, where he will also take...

SEC Wins $18M Case Against Defunct Crypto Firm Rivetz Over Unregistered ICO

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...

Crypto Mining Company Claims Local Noise Laws Are Biased

A Bitcoin mining firm, NewRays, has filed a lawsuit accusing an Arkansas County judge and prosecutor of unfairly using local noise laws to target...

California Governor Vetoes Controversial AI Safety Bill

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,...

Sophisticated Phishing Attack Drains $32 Million in Ethereum Tokens

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...

FBI Seizes $6M in Crypto Scams Targeting U.S. Citizens

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...

Visa Embraces Blockchain, Assists Banks in Tokenized Asset Testing

Visa is taking another major step into the digital asset space by launching a platform designed to help banks test tokenized assets and smart...

SEC Approves BNY Mellon’s Expanded Custody of Crypto Assets

The Securities and Exchange Commission (SEC) has granted approval to the Bank of New York Mellon Corp (BNY) to expand its custody of cryptocurrency...

Crypto Founder Allegedly Paid LA Deputies to Help Extort Victims, FBI Claims

Adam Iza, the founder of the cryptocurrency trading platform Zort, is at the center of a major federal investigation involving fraud, bribery, and corrupt...

Hacker Behind $2M Crypto Heist Offered Job by Victim Protocol

In a surprising twist, Bedrock, a crypto liquid restaking protocol, extended a job offer to the hacker who exploited a vulnerability in its system,...

Hong Kong Aligns Crypto OTC Derivative Rules with European Standards

Hong Kong regulators are gearing up to align their cryptocurrency over-the-counter (OTC) derivatives reporting standards with those set by the European Securities and Markets...