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California Says Political Campaigns Can Accept Crypto, But There’s A Caveat
2023-08-12 21:51:00

As the world continues to adapt to the growing rise and mass adoption of crypto, governments and regulators worldwide are moving to create updated frameworks that govern and regulate the use and impact of digital currencies in certain sectors. Likewise, the California Fair Political Practices Commission (FPPC) is the latest to make such a move. […]

US Senator Cynthia Lummis Backs Coinbase Against SEC
2023-08-12 18:49:30

In a new development, Senator Cynthia Lummis,  a prominent advocate for cryptocurrency, filed an amicus brief on August 11 to support the Coinbase exchange against the SEC’s lawsuit.  Lummis maintains that the responsibility to formulate crypto regulations lies with Congress, not the SEC. This standpoint emphasizes the importance of a clear separation of powers in […]

Ex-Binance.US CEO Weighs In On Stablecoin Regulation, Claims A Boost For Dollar Adoption
2023-08-12 16:12:50

Former Binance.US CEO and an ex-acting US Comptroller of the Currency Brian Brooks has commented on the ongoing discourse regarding stablecoin regulation in the US.  In an interview with CNBC on Friday, August 11, Brooks, now a partner at Valor Capital Group, took a stance against stablecoins opposition in the US government, saying that a […]

Brazil Reports Record 3.3 Million Crypto Users In June As Bitcoin Adoption Surges
2023-08-12 15:32:50

Brazil, the South American juggernaut, has solidified its position as a global leader in cryptocurrency adoption during June, with an impressive surge in both individual and corporate usage of bitcoin (BTC) and other digital assets. Recent data released by the Brazilian government highlights the nation’s robust adoption of cryptocurrencies, boosting its reputation as a thriving […]

CFTC Files Fraud Charge Against ‘Blockchain’ Entity That Claims To Grow Customer Funds
2023-08-12 14:05:50

The Commodity Futures Trading Commission has filed a complaint in the US District Court for the Middle District of Florida against four individuals and their unincorporated entity, Fundsz. This complaint accuses them of fraudulent solicitation from customers to supposedly trade in cryptocurrencies and precious metals. According to its website, Fundsz claims to be a decentralized […]

Twitter Scam Infestation: How AI Tracked 95,000 Crypto ‘Free Giveaway’ Schemes
2023-08-12 12:09:55

Crypto and Twitter scams have met their digital match as a team of researchers hailing from San Diego State University in California unveils an ingenious artificial intelligence (AI) tool.  Crafted with precision, this innovative system, which they call GiveawayScamHunter, is capable of ferreting out, monitoring, and laying bare the intricate web of free cryptocurrency giveaway […]

Curve Finance Retrieval: 70% Of Hacked Funds Recovered, Distribution In Sight
2023-08-12 11:17:43

The liquidity pools of Curve Finance were recently subjected to an exploit, leading to a significant financial loss. Although around 70% of the missing assets have been successfully recovered, the level of interest from investors motivated by the crisis has been declining as Curve resumes its regular activities. Curve Finance has demonstrated notable advancements in […]

Bitcoin Volume Slide Draws ‘Black Swan’ Author’s Grave Warning – Here’s Why
2023-08-12 09:36:29

Bitcoin (BTC) has once again found itself under the spotlight, this time because of an ominous warning from renowned author Nassim Nicholas Taleb, best known for his work “The Black Swan.” The author, who has long been skeptical of cryptocurrency, took to social media to voice his concerns about the declining volume of Bitcoin and […]

Money In The Net! FC Barcelona Clinches $132 Million Investment To Kickstart Blockchain Journey
2023-08-12 01:05:00

FC Barcelona has recently announced significant developments in its digital expansion strategy, with the entry of new strategic partners and a merger agreement.  The renowned Spanish football club aims to accelerate the growth of its digital ventures, Barça Vision and Barça Media, and tap into the world of Web3, blockchain, NFTs, and metaverse technologies. FC […]

Expert Firesback At Bloomberg: Bitcoin Miner Riot Aids Electrical Grid
2023-08-12 00:20:00

This summer’s high temperatures have impacted different sectors, including Bitcoin mining in the United States. Several companies in the sector have been shutting down their operations and selling power back to the grid for a profit. Related Reading: Bitcoin Mining Company Marathon Digital Reports $21.3M Loss For Q2 Mainstream media outlet Bloomberg highlighted this activity […]

Expert Fires Back At Bloomberg: Bitcoin Miner Riot Aids Electrical Grid
2023-08-12 00:20:00

This summer’s high temperatures have impacted different sectors, including Bitcoin mining in the United States. Several companies in the sector have been shutting down their operations and selling power back to the grid for a profit. Related Reading: Bitcoin Mining Company Marathon Digital Reports $21.3M Loss For Q2 Mainstream media outlet Bloomberg highlighted this activity […]



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