The US Federal Reserve announced that it will no longer use âreputation riskâ to assess banks, ending a practice closely connected to the âwar on cryptoâ and debanking. Reputation risk was used to pressure US banks to reject crypto startups from rece
The Discord server for Ledger, a crypto wallet provider, suffered a security breach with an intruder compromising the moderatorâs account, posting scam links, and promoting a third-party website that asked visitors for their crypto seed phrases. Quin
The price of Bitcoin (BTC) crossed the psychologically important trading level of $100,000 on Thursday for the first time since February, reflecting renewed bullish sentiment among investors as the U.S. gears up for trade talks with China and prepare
The Australian government is cracking down on dormant crypto exchanges, asking inactive exchanges to delist, to crack down on crypto scams and money laundering, because scammers could exploit dormant listings. The Australian regulator responsible for
Bitcoin closed April on a bullish note in many aspects, but the leading cryptocurrency has yet to embark on a highly anticipated long-term price rally that could send the asset to previously unseen levels. However, a closer look at key market trends
The SEC has dropped its claims against Nova Labs, creator of the crypto project Helium, arguing that their tokens, including HNT, MOBILE, and IOT, are not considered securities. This also means that the Helium WiFi Hotspots are not considered securit
ShareRing, a Melbourne-based blockchain company, has been approved by the Australian government to roll out an age verification chain as part of a plan to restrict social media access for younger persons. ShareRing will create a pilot version of the
Most notable for his book âRich Dad Poor Dadâ, Robert Kiyosaki, an investor and educator in the finance industry, has taken to X, formerly Twitter, to share his thoughts on the current state of the market.Referencing his self-published book, a New Yo
UPCX, a Web3 payment service, suffered a serious hack and lost $70 million in UPC tokens when an unauthorized user accessed the tokens from a smart contract. The developers became aware of the hack when they noticed multiple suspicious transactions e
South Koreaâs Financial Intelligence Unit (FIU) is considering sanctions against crypto exchanges for not following the rules. South Korea requires businesses operating an exchange to report their work to the appropriate regulator. Under South Koreaâ
The U.S. Securities and Exchange Commission (SEC) announced, under new management, that proof-of-work mining is not subject to securities laws, and thus, crypto miners donât have to report their activities to the SEC.The SEC clarified its stance on m
Just months out from a federal election, the Australian Government has announced a new crypto regulation, aiming to provide more certainty for crypto traders while providing some freedom for blockchain innovators. Larger crypto platforms must apply f
Microsoft Incident Response analysts discovered a new Remote Access Trojan (RAT) named StilachiRAT. The malware steals sensitive credentials and targets cryptocurrency wallets. It is particularly skilled at avoiding detection and has various features
U.S. Customs is releasing seized mining equipment owned by Chinese sellers, ending a four-year war on crypto and releasing the necessary equipment to realize President Trumpâs vision of a crypto industry in America.In November 2023, U.S. Customs and
Coinbase, a major cryptocurrency based in the U.S., is seeking financial information about the underpinnings of the administrationâs war against crypto through a Freedom of Information Act (FOIA) request against the SEC.The FOIA request covers the pe
Vietnam Prime Minister Pham Minh Chinh has proposed creating a legal framework for cryptocurrency. The move comes as Vietnam tries to pursue measures that stimulate and stabilise the economy. The Ministry of Finance (MOF) and the State Bank of Vietna
White House AI and crypto czar David Sacks confirmed he owns no crypto assets, having sold off everything before US President Donald Trump took office.âI sold all my cryptocurrency (including BTC, ETH, and SOL) prior to the start of the administratio
Digital asset exchange Binance has recorded surging inflows following a drop in Bitcoin price. This liquidation has wiped out billions in value from the crypto market, increasing sell pressure. Inflows to centralized crypto exchanges point to an immi