Category archives: Trending Crypto news

Japanese authorities called for address registration, customer-specific limits and stronger authentication as part of a broader push to curb misuse of exchange accounts. Japan’s financial regulator has asked crypto exchanges to introduce withdrawal delays and other safeguards as authorities respond to increasingly sophisticated scams involving digital assets.  On Thursday, the Financial Services Agency (FSA) said …

Continue reading “Japan FSA asks crypto exchanges to impose withdrawal delays to fight scams”

The latest bipartisan ethics proposal would reportedly require Trump to divest crypto businesses while allowing him to defer capital gains taxes on those sales. A bipartisan ethics proposal pitched to US President Donald Trump to secure passage of the crypto market structure bill in Congress could create a significant tax benefit for the president, Bloomberg …

Continue reading “Proposed CLARITY ethics deal could save Trump millions in taxes: Bloomberg”

Crypto exchange Bitget has signed an agreement with Gelephu Mindfulness City Authority to pursue a regulated local presence. Bitget has signed an agreement with Bhutan’s Gelephu Mindfulness City Authority to explore establishing a licensed local operation, as the crypto exchange seeks a foothold in the country’s developing digital asset sector. The agreement could pave the …

Continue reading “Bitget explores licensed crypto presence in Bhutan”

Senate Majority Leader John Thune reportedly confirmed that the chamber was “punting” the vote until September.

Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin.

Wintermute said the registration allows the firm to position itself for the growth of tokenized securities in the US. Wintermute’s US arm has registered as a broker-dealer, enabling the crypto trading firm to expand into traditional financial services in the US.  On Thursday, Wintermute announced its affiliate Wintermute USA LLC has registered with the US …

Continue reading “Crypto market maker Wintermute launches US broker-dealer”

The Defend American Jobs and Protect Progress PACs reported spending more than $1.5 million on media for four House and Senate races ahead of Aug. 18 primary elections. Two groups affiliated with the cryptocurrency company-backed political action committee (PAC) Fairshake disclosed spending more than $1.5 million on media to support House of Representatives and Senate …

Continue reading “Following primary loss, crypto PACs invest $1.5M in 3 US state races”

A Louisiana man has been sentenced to four years in federal prison after orchestrating a wide-ranging bank fraud and mail theft scheme that targeted financial institutions and their customers. Marvell Trevenski Jackson Jr., 26, of Baton Rouge, pleaded guilty to conspiracy to commit bank fraud and theft of mail, says the United States Attorney’s Office …

Continue reading “Louisiana Fraudster Masterminds Bank Fraud and Mail Theft Scheme, Drains $300,000 From Victims”

A week-long streak of inflows into US spot Bitcoin ETFs has coincided with the Coldcard wallet exploit, fueling debate over whether some investors are shifting away from self-custody. Demand for US spot Bitcoin exchange-traded funds (ETFs) has accelerated over the past week, with a string of daily inflows coinciding with the Coldcard wallet hack — …

Continue reading “Bitcoin ETF inflows surge after Coldcard hack, but link is unclear: Bloomberg analyst”

The South Carolina lawmaker who heads the Senate Banking Committee said that the majority leader still had time to put the crypto bill on the agenda despite the narrow voting window. Senator Tim Scott, who chairs the Senate Banking Committee, said that the chamber would vote on the Digital Asset Market Clarity (CLARITY) Act before …

Continue reading “US Senate will vote on CLARITY crypto bill ‘without any question’ this week: Tim Scott”

Three circuit judges disputed the former FTX CEO’s claims that the defunct crypto exchange’s investors could have been made whole and wouldn’t have experienced any losses. The US Court of Appeals for the Second Circuit issued a formal mandate upholding the conviction and sentence of former FTX CEO Sam “SBF” Bankman-Fried, reducing the number of …

Continue reading “US appellate court mandate affirms Sam Bankman-Fried conviction”

New analysis finds AI infrastructure contracts are becoming larger and more profitable, but investors now demand stronger execution before rewarding bitcoin mining stocks. Bitcoin miners’ pivot into artificial intelligence and high-performance computing (HPC) is reshaping their business models, but investors are no longer rewarding new infrastructure deals with the same enthusiasm they once did, suggesting …

Continue reading “Bitcoin miners’ AI pivot loses Wall Street’s wow factor”

A coalition of states has secured a $469 million settlement with generic drug manufacturer Sandoz to resolve allegations of price-fixing on numerous prescription medications. The agreement resolves claims that the company engaged in widespread conspiracies to artificially raise prices, limit competition and restrain trade, says Oklahoma Attorney General Gentner Drummond. Says Drummond, “Drug companies that …

Continue reading “Oklahoma Attorney General Announces $469,000,000 Multi-State Settlement With Sandoz Over Alleged Generic Drug Price-Fixing”

Move-to-earn project Step App will wind down services by Aug. 21 after four years, while its FITFI token trades 99.9% below its all-time high. Step App, a move-to-earn platform, is shutting down after four years of operation, joining a growing number of crypto companies winding down amid an ongoing market slump. The company announced Wednesday …

Continue reading “Step App winds down after four years as FITFI token sinks”

Tokenized cows may have gone viral, but they’re just the latest in a long line of strange things to find a home onchain, from farts, to human skin and destroyed artworks Brazil’s B3 stock exchange made headlines last month when its tokenized cows went viral. A farmer in southern Brazil was able to use 10 …

Continue reading “10 weirdest things ever tokenized… including farts”