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April 8, 2024
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Philippines SEC ‘can’t endorse’ ways to retrieve funds after Binance ban

Paolo Ong, the officer in charge of the SEC’s PhiliFintech Innovation Office, stated in a local news report that the SEC cannot recommend methods for retrieving […]
April 8, 2024
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PayPal stablecoin circulation dropped 38% in March – Paxos

In March, PayPal USD (PYUSD) — a stablecoin issued by PayPal and Paxos – experienced a significant drop in circulation, according to Paxos’ transparency report. PYUSD […]
April 8, 2024
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IRS criminal investigation chief joins Chainalysis: ‘It’s time to move on’

Jim Lee, a 29-year veteran of the United States government, including three years as chief of the IRS Criminal Investigations team, has transitioned to a role […]
April 8, 2024
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Frax Finance dives into DeFi liquidity with $250M USDe allocation

Frax Finance, a decentralized finance (DeFi) lending protocol, recently passed a community governance proposal allowing a $250 million allocation of Ethena Labs’ USDe to a new […]
April 8, 2024
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Ethereum-based investment products see negative outflows for 4th consecutive week

Despite positive inflows into other crypto-based investment products, Ethereum-based crypto investment products experienced negative outflows for the fourth consecutive week.   While Ethereum saw outflows totaling […]
April 8, 2024
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dYdX Chain halts production following scheduled network upgrade

dYdX, a decentralized finance (DeFi) protocol, has announced an investigation into a recent halt in block production as the chain underwent a scheduled upgrade.   Scheduled […]
April 8, 2024
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Bitcoin needs to hold above $80,000 to keep mining profitable post-halving

According to data from CryptoQuant CEO Ki Young Ju, the cost of mining using Antminer S19 XPs is set to double from $40,000 to $80,000 after […]
April 8, 2024
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Arrested Binance exec pleads not guilty to charges in Nigeria

Detained Binance executive Tigran Gambaryan has pleaded not guilty to four money laundering charges in Nigeria, according to local reports. Gambaryan asserted his innocence during a […]
April 8, 2024
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Can blockchain revolutionize digital securities management for stock exchanges?

The Athens Stock Exchange (ATHEX) has announced plans to incorporate blockchain technology into its Electronic Book Building (EBB) system in collaboration with the Sui blockchain ecosystem. […]
April 5, 2024
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Solana struggles: Record 75% of user txs are failing… or are they?

Recent data from Dune Analytics reveals that approximately 75% of non-vote transactions on the Solana network have been failing, marking the highest failure rate recorded. This […]
March 4, 2024
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Solana needs Firedancer, ‘ChatGPT moment’ to rival ETH, proponents say

Solana proponents believe that with a major upgrade aimed at increasing transaction processing and the emergence of potential breakthrough consumer applications, Solana could finally live up […]
March 2, 2024
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US energy officials agree to ‘destroy’ all data from crypto mining survey

United States energy officials have reached an agreement with the Texas Blockchain Council (TBC) and Bitcoin mining firm Riot Platforms to halt its proposed emergency survey […]
March 2, 2024
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Indonesia mulling changes to dual taxation on crypto

Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has reportedly urged the Ministry of Finance to reassess its stance on cryptocurrency taxation. Executive staff members at Bappebti […]
March 1, 2024
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SEC’s Hester Peirce wants more decentralization in the financial system

At the ETHDenver conference on Feb. 29, United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce, also known as “Crypto Mom,” emphasized the importance of […]
March 1, 2024
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Crypto derivatives’ daily trading volumes reach record highs

In the past week, daily trading volumes for options and futures crypto derivatives have surged, reaching record highs on various exchanges.   On February 29, Deribit, […]
February 29, 2024
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Funds hacked in 2024 increased by 15.4% vs. the same period in 2023 — Immunefi

The cryptocurrency space has been rocked by a series of hacks and rug pulls in 2024, resulting in over $200 million in losses across 32 individual […]
February 29, 2024
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Darknet market crypto crimes on the rise in 2023, $1.7B revenue — Chainalysis

The crypto industry continues to grapple with cybercrimes, with darknet markets emerging as one of the notable categories showing an increase in revenue in 2023. According […]
February 28, 2024
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IRS hires 2 private-sector crypto experts to prep for tax season

The United States Internal Revenue Service (IRS) has enlisted two new crypto tax specialists from the private sector to focus on digital assets. Amidst the official […]
February 27, 2024
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Appellate court rejects new trial for ‘My Big Coin’ founder

An appellate court has upheld the fraud conviction of Randall Crater, the founder of cryptocurrency project My Big Coin, who was sentenced to over eight years […]

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