Chinese scientists have made a breakthrough by using quantum computing to compromise cryptographic algorithms, posing a significant threat to modern encryption standards used in banking and cryptocurrency, according to a report from…
Ryan Salame, a former executive of the now-defunct FTX exchange, officially reported to prison custody on October 11, 2024, at FCI Cumberland in Maryland, according to records from the Bureau of Prisons…
US regulators have collected more than $19 billion in settlements from cryptocurrency companies in 2024 alone, accounting for nearly two-thirds of the $31.92 billion in fines imposed on the industry since 2019,…
BlackRock ($BLK) continues to break new ground in the financial world, surpassing $11.5 trillion in assets under management (AUM) in 2024. This milestone marks the third consecutive quarter of record-setting growth, solidifying…
A new strain of malware targeting cryptocurrency wallets has been uncovered in the Python Package Index (PyPI), a popular platform used by Python developers to share and download code. According to cybersecurity…
Arkham Intelligence, a leading blockchain analytics company, is reportedly preparing to launch a cryptocurrency derivatives exchange as early as next month. The platform, according to a Bloomberg report, will focus on retail…
Ripple co-founder and executive chairman Chris Larsen has made a notable contribution to Kamala Harris’ 2024 presidential campaign by donating 1.75 million XRP, valued at $1 million at the time of the…
The United States Securities and Exchange Commission (SEC) has once more postponed its decision on whether to approve options tied to spot Ethereum exchange-traded funds (ETFs). According to an Oct. 11 filing,…
In the last 72 hours, over 63,000 Bitcoin (BTC), valued at approximately $1.83 billion, have been moved to cryptocurrency exchanges. The surge in transfers began on October 7, 2024, following a 50…
Justin Sun, a well-known cryptocurrency entrepreneur, has been elected as the Prime Minister of Liberland, a self-proclaimed micronation situated between Croatia and Serbia. Sun’s election took place during Liberland’s October 5 elections.…
SEC Commissioner Mark Uyeda has called the agency’s current approach to cryptocurrency regulation a “disaster,” stating that it has failed to provide clear guidelines for the industry. Uyeda expressed his concerns during…
Crypto exchange Bitnomial has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s claim that XRP is a security. The suit, submitted on October 10 in an…
The United States Securities and Exchange Commission (SEC) has reached a settlement with Rimar LLC, a trading firm accused of exaggerating its artificial intelligence (AI) capabilities to deceive investors. The SEC alleged…
South Korea’s top financial regulator, the Financial Services Commission (FSC), is set to investigate the cryptocurrency exchange Upbit for potential monopolistic practices. The investigation will also examine its relationship with K-Bank, as…
Blockchain payments company Ripple has launched digital asset custody services tailored for banks and fintech firms, expanding its business beyond traditional payment solutions. This move is aimed at capitalizing on the growing…
U.S. federal authorities, including the Securities and Exchange Commission (SEC), the Federal Bureau of Investigation (FBI), and the Department of Justice (DOJ), have launched a coordinated crackdown on fraudulent crypto firms. The…
Former FTX executive Ryan Salame, who was set to begin a seven-and-a-half-year prison term, has requested a delay in his self-surrender date. The ex-co-CEO of FTX Digital Markets cited ongoing medical treatment…
Solana’s native token, SOL, experienced a 10% decline from October 1 to October 9, struggling to hold its $140 support level. Despite this downward trend, SOL’s 30-day performance still aligns with the…
Cardano has become the platform for Argentina’s first smart contract with legal enforceability under local jurisdiction, following Argentina’s recent move to legalize cryptocurrency as a payment option in commercial agreements. Smart Contract…
Crypto ownership among retail investors has surged over the last four years, even amid market volatility, according to a recent report from the International Organization of Securities Commissions (IOSCO). The global regulatory…
Taiwan is taking significant steps toward integrating cryptocurrency into its financial system, as the country’s Financial Supervisory Commission (FSC) plans to trial crypto custody services through local banks in 2025. This move…
A recent analysis of Polymarket, a decentralized prediction market platform, shows that only 12.7% of its user wallets have made profits. The majority of participants earned less than $100, according to data…
U.S. Bankruptcy Judge John Dorsey has approved FTX’s plan to repay its crypto customers in cash, plus interest, using the assets recovered since the exchange’s collapse. The plan, valued at $16 billion,…
In a surprising twist, cryptocurrency exchange Crypto.com has officially announced that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). The company confirmed the notice and disclosed…
You are all caught up.
