Key Takeaways A group of residents from Granbury, Texas, has filed a class-action lawsuit against Marathon Digital Holdings, a leading Bitcoin mining company, accusing it of creating unbearable noise pollution that has disrupted their daily lives. The lawsuit, filed on…
Key Takeaways On October 7, 2024, the United States Supreme Court declined to hear an appeal concerning the ownership of 69,370 Bitcoin, valued at $4.38 billion, which was seized by the government in connection to the infamous dark web marketplace,…
Key Takeaways On October 4, 2024, EigenLayer, an Ethereum restaking protocol, announced that a hacker had stolen $5.87 million worth of its native $EIGEN tokens. The attack occurred after a hacker compromised an investor’s email, allowing access to 1.67 million…
Key Takeaways David Carmona, the founder of the crypto ponzi scheme IcomTech, has been sentenced to 10 years in prison after being convicted of conspiracy to commit wire fraud. The U.S. Department of Justice announced the sentencing on October 4.…
Key Takeaways Vietnam police have unravelled a large-scale international crypto scam network, arresting multiple individuals involved in defrauding billions of VND from local citizens. Reportedly, the police in Nghe An province arrested five Vietnamese individuals linked to the scheme. Two…
Key Takeaways Leading crypto exchange Coinbase will remove stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulation for users in the European Economic Area (EEA) by December 30, 2024. In an October 4 statement, Coinbase…
Key Takeaways Leading crypto index fund manager Bitwise, has officially filed for a spot exchange-traded fund (ETF) to give investors exposure to XRP. According to a September 30, 2024 filing, the Bitwise XRP ETF was registered with CSC Delaware Trust…
Key Takeaways A 21-year-old man from Indiana, Evan Frederick Light, has pleaded guilty to charges connected to a significant cryptocurrency theft that resulted in over $37 million in losses. The case involves nearly 600 victims and stems from a data…
Key Takeaways Olumide Osunkoya, 45, has admitted to illegally running a network of cryptocurrency ATMs in the UK, marking the first conviction of its kind in the country. The Financial Conduct Authority (FCA) announced the guilty plea in a statement…
Key Takeaways Taiwan’s Financial Supervisory Commission (FSC) has introduced a new policy allowing professional investors to invest in foreign cryptocurrency exchange-traded funds (ETFs). As per the announcement, the policy grants institutional investors, high-net-worth individuals, and other professionals the ability to…
