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June 6, 2024
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US appeals court says SEC exceeded authority with fund rule

A United States appeals court has invalidated a Securities and Exchange Commission (SEC) rule aimed at enhancing transparency regarding fees and expenses for hedge funds and […]
June 6, 2024
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US antitrust chief to scrutinize AI sector for monopoly risks

Jonathan Kanter, the United States antitrust enforcer, will delve into the nation’s artificial intelligence (AI) sector following concerns regarding a few companies wielding excessive control.   […]
June 6, 2024
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Top promoter in Forcount ‘Ponzi’ pleads guilty to wire fraud conspiracy

Juan Tacuri, a key figure in the Forcount cryptocurrency Ponzi scheme, has pleaded guilty to a conspiracy to commit wire fraud charge in New York. The […]
June 6, 2024
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Nigeria defends Binance exec prosecution amid US lawmakers’ criticism

The Nigerian Minister of Information, Mohammed Idris, emphasized that the trial of Binance and its executive, Tigran Gambaryan, for illegal cryptocurrency trading in Nigeria adheres to […]
June 5, 2024
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Bitcoin ‘coiling’ up for a huge move as it hovers around $71K

Bitcoin’s price is approaching a crucial juncture, as its average price across various time frames has converged within a narrow range, indicating a potential breakout.   […]
June 5, 2024
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Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows

Preliminary data reveals that United States-based spot Bitcoin exchange-traded funds (ETFs) experienced the second-highest joint net inflow day, totaling $886.6 million.   Among these ETFs, the […]
June 5, 2024
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US political change could expose crypto to $20T industry: Bitwise

Bitwise’s Chief Investment Officer, Matt Hougan, suggests that once regulatory uncertainties are resolved in the United States, the crypto space could attract trillions from the financial […]
June 5, 2024
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Tezos Paris upgrade: Faster L2 transactions, lower Fees

After the Paris upgrade, Tezos-based layer-2 (L2) scaling solutions are poised to achieve a throughput of millions of transactions per second (TPS). This upgrade marks a […]
June 5, 2024
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Japanese crypto exchange raises $320M to recover funds after major hack

DMM Bitcoin, a Japanese cryptocurrency exchange recently targeted in a massive hack totaling $320 million worth of Bitcoin, unveils a comprehensive compensation plan to reimburse affected […]
June 5, 2024
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Germans split on digital euro, most don’t know what it is: Survey

German Attitudes Towards the Digital Euro A recent survey conducted by Deutsche Bundesbank reveals insights into German perceptions of the digital euro, the European Central Bank’s […]

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