Key Takeaways: In a significant move, a Nigerian court has ordered the freezing of approximately $38 million in cryptocurrency, believed to be tied to the ongoing protests against the country’s escalating cost of living. The Federal High Court in Abuja…
Key Takeaways: As global carbon emissions continue to climb, the International Monetary Fund (IMF) has turned its attention to two rapidly growing industries: cryptocurrency mining and artificial intelligence (AI) data centers. These sectors, which now consume 2% of the world’s…
Key Takeaways: Binance, one of the world’s leading cryptocurrency exchanges, has made a triumphant return to the Indian market after a seven-month hiatus. As of August 15, Binance’s website and mobile apps are once again accessible on the Google Play…
Key Takeaways : In a surprising move, Iran’s government has introduced a $24 bounty for individuals who report illegal cryptocurrency mining operations. This initiative comes in response to the country’s ongoing power crisis, exacerbated by a severe heatwave that has…
Key Takeaways: In a shocking revelation, renowned cybersecurity expert ZachXBT has exposed a complex web of deception orchestrated by North Korean IT workers posing as crypto developers. This sophisticated scheme, which has infiltrated over 25 crypto projects, has led to…
Key Takeaways: In a detailed response to the U.S. Commodity Futures Trading Commission (CFTC), Coinbase has voiced strong objections to the commission’s proposed ban on specific types of prediction markets. The crypto exchange, through its Chief Legal Officer Paul Grewal,…
Key Takeaways: Brazil has taken a significant leap in the cryptocurrency investment space by greenlighting the launch of the world’s first Solana spot ETF. The approval, granted by the Comissão de Valores Mobiliários (CVM), Brazil’s equivalent of the U.S. Securities…
Key Takeaways: District Judge Analisa Torres of the Southern District of New York has ordered Ripple to pay a hefty $125 million civil penalty, marking a crucial moment in the ongoing regulatory battle between the U.S. Securities and Exchange Commission…
Key Takeaways: In a significant legal move, Avraham “Avi” Eisenberg, convicted earlier this year for exploiting the decentralized finance platform Mango Markets, is seeking to have his conviction overturned. Eisenberg’s legal team has filed a 77-page motion requesting a new…
Key Takeaways: Blockchain infrastructure provider Nexera has faced a significant security breach, resulting in the loss of $1.8 million. The incident, confirmed by crypto security firm Cyvers, has prompted Nexera to take immediate action, including halting their smart contract and…
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