Key takeaways: The stablecoin landscape is witnessing heightened tension as Tether‘s Paolo Ardoino responds to Ripple CEO Brad Garlinghouse’s claims of US government scrutiny. Garlinghouse’s assertion that the US government is targeting Tether prompted Ardoino to challenge these remarks on…
Key takeaways: El Salvador has unveiled a new online platform dedicated to tracking its Bitcoin treasury holdings, offering real-time insights into the country’s cryptocurrency transactions and financial statistics. Developed by the National Bitcoin Office, this initiative underscores the nation’s commitment…
Key Takeaways: The Securities and Exchange Commission (SEC) has requested a court to deny Coinbase‘s motion for an interlocutory appeal, marking another chapter in the ongoing legal dispute between the regulatory agency and the cryptocurrency exchange. The SEC accused Coinbase…
Key Takeaways: Exodus Movement, Inc. disclosed that the NYSE American has postponed the listing of its shares until the Securities and Exchange Commission (SEC) concludes its review of Exodus’ registration statement, which became effective on April 28, 2024. This unexpected…
Key Takeaways: A recent incident involving the loss of $68 million worth of Wrapped Bitcoin (WBTC) has underscored the dangers of address poisoning scams in the cryptocurrency world. The theft, discovered by security firm Cyvers on May 3rd, targeted a…
Key takeaways: Terraform Labs, a prominent player in the cryptocurrency space, is contesting the United States Securities and Exchange Commission’s (SEC) proposed remedies following a federal jury’s verdict finding them liable for defrauding crypto investors. The SEC is seeking a…
Key takeaways: The recent unveiling of the EigenLayer airdrop details has stirred a blend of reactions within the cryptocurrency community, ranging from applause to intense scrutiny. With plans to distribute 45% of its 1.67 billion tokens to the community, EigenLayer’s…
Key takeaways: Changpeng Zhao, the former CEO of Binance, has received a four-month prison sentence for his involvement in violating US money laundering laws at the renowned cryptocurrency exchange. This decision was handed down by United States District Judge Richard…
Key takeaways: The United States Department of Justice (DoJ) has brought charges against prominent crypto figure Roger Ver, also known as Bitcoin Jesus, alleging tax evasion amounting to nearly $50 million. According to the recently unsealed indictment, Ver is accused…
Key takeaways: Cryptocurrency exchange Woo X has made waves in the sector by unveiling a revolutionary product that enables retail customers to invest in tokenized U.S. Treasury bills, marking a significant milestone in the industry’s evolution. Developed in collaboration with…
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