California Shuts Down 42 Crypto Scam Sites—$6.5M Stolen in Massive Fraud
California has shut down 42 fraudulent crypto websites, exposing a $6.5 million scam that drained victims of an average $146,306 each. 42 Fraud Sites Dismantled—How Scammers Built Fake Crypto Worlds to Steal Millions California Attorney General Rob Bonta announced on…
Duterte’s Arrest Sparks Solana Memecoins, But Almost Nobody’s Buying
Shortly after former Philippine President Rodrigo Duterte was arrested based on an International Criminal Court (ICC) warrant, crypto enthusiasts swiftly launched Duterte-themed memecoins on the Solana-based Pump.fun platform. Despite the high-profile news, however, these memecoins have failed to attract significant…
Congress Torches IRS Crypto Rules in Major Win for Digital Assets
Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS Crypto Rules, Easing Compliance Burdens The U.S. House…
SEC Acting Chairman Says Digital Assets Regulation Push A ‘Mistake’
The American securities regulatory body is currently considering a new proposal to change the definition of “exchange”. The new definition would affect businesses dealing with cryptocurrency trading. Summary Mark Uyeda proposed changes in the previously proposed changes in the “Exchange”…
Blind Signing Vulnerabilities: ZKPs Offer Potential Fix After Bybit Hack
The hackers behind the Bybit hack have managed to cash out approximately $300 million of the stolen $1.4 billion in digital assets, despite industry efforts to prevent them.The hack has sparked debate about how Web3 firms can prevent similar attacks…
Coinbase Secures Regulatory Approval To Resume Services In India
Coinbase crypto exchange is ready to start its crypto trading services in the Indian crypto market. Summary Coinbase secured registration with FIU in India. Soon Coinbase will relaunch services in India. Coinbase leadership is highly optimistic about the dynamic of…
Bitcoin Jumps 5.75% as US Trade Tensions Ease and Ukraine Reaches Ceasefire Deal
Bitcoin’s price rebounded late Tuesday afternoon (4 p.m. ET), climbing to the $83,568 range after dipping below $80,000 earlier in the day. This movement coincided with Canada’s decision to halt electricity tariffs on the United States and Ukraine’s agreement to…
What Is Cardano ETF? When Will ADA Spot ETF Launch?
Key points: Cardano spot ETF is getting the hype after Bitcoin and Ethereum spot ETFs launch Grayscale interest in launching a spot ADA ETF bring fire to the scene, and the price of ADA is already showing upward movement Approval…
New Bitwise Bitcoin Standard Corporations ETF Targets Corporate Bitcoin Holders
The Bitwise Bitcoin Standard Corporations ETF, trading as OWNB, has launched, focusing on corporations holding significant bitcoin assets. OWNB: New ETF Captures Corporate Giants With Heavy Bitcoin Investments In a significant development in the cryptocurrency investment landscape, the Bitwise Bitcoin…
Fidelity’s ETH ETF Seeks to Reinstate Staking via SEC Filing Amid New Regulatory Climate
Cboe BZX Exchange has filed a proposal with the SEC to allow staking in Fidelity’s Ethereum ETF, reversing a 2024 decision to exclude the feature, as regulatory attitudes toward crypto evolve under the Trump administration. SEC Filing Reveals Fidelity’s Plan…