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January 2, 2024
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Orbit Bridge hack pushes December crypto theft to nearly $100M

The Orbit Bridge exploit on New Year’s Eve pushed December’s total crypto losses to hackers, scammers, and exploiters to almost $100 million.   The recent breach […]
January 2, 2024
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New Year rings in with 11% shrinkage in installed Bitcoin ATMs

For nearly a decade, the number of crypto ATMs had steadily increased without fail, but something flipped in late 2022.   As of January 1, 2024, […]
January 2, 2024
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Crypto stocks tumbling at year-end was a ‘healthy’ pullback: Analyst

Mitchell Askew of Blockware Solutions said investors cashed in some profits during the end-of-December holiday period after a strong month.   On the last trading day […]
January 2, 2024
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US Supreme Court Chief Justice predicts AI will ‘significantly’ impact legal work

U.S. Supreme Court Chief Justice John Roberts predicts AI will “significantly” impact legal work at the trial level while saying AI usage by legal teams requires […]
January 2, 2024
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Tellor altcoin’s bizarre 150% pump then fall spark concerns of manipulation

A wild day of trading of Tellor (TRB) on Dec. 31 wiped more than $68 million worth of leveraged positions, while a $2.4 million transfer from […]
January 2, 2024
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Orbit Chain confirms hack, warns of scam repayment offers

Orbit Chain confirmed an unauthorized breach of access to its ecosystem that resulted in millions of dollars in crypto compromised and a flood of scam repayment […]
January 2, 2024
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Early Mickey Mouse version becomes top NFT on OpenSea after copyright expires

While the copyright has expired for the older version of the character, Disney reminded the public that modern versions remain unaffected.   The earlier version of […]
December 29, 2023
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Monex Group to acquire majority stake in asset manager 3iQ

3iQ chair and CEO Frederick Pye said the firm planned to collaborate with Coincheck — acquired by Monex in 2018 — as part of the deal. […]
December 29, 2023
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FTX debtors propose $16,871 Bitcoin price for creditor claims

Many online objected to the proposed pricing, based on the U.S. dollar value of cryptocurrencies when FTX filed for bankruptcy in November 2022.   The debtors […]
December 29, 2023
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China calls for crackdown on Tether stablecoin in illegal forex trading

China’s Supreme People’s Procuratorate has warned that using Tether as a medium of exchange between local and foreign currency is illegal.   Chinese authorities are taking […]
January 25, 2023
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Arizona lawmakers seek to make crypto a tax-exempt property

Should the bill pass the legislature, Arizona voters will decide whether the virtual currency is tax-exempt as part of a November 2024 ballot measure.   Arizona’s […]
January 24, 2023
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SEC commissioner reminds of ‘the point of crypto’ as market aims for recovery

Securities and Exchange Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn.   Hester Peirce, a […]
January 24, 2023
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British authorities split on banning the sale of crypto investment products

Policymakers in the United Kingdom are divided on whether the sale, marketing, and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned.   […]
January 24, 2023
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ARK Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot

Cathie Wood, head of the crypto and innovative tech investment firm, is confident that inflation will fall and that the Fed will pivot in 2023.   […]
January 23, 2023
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U.S. home-loan banks lent billions of dollars to crypto banks: Report

Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system.   The US Federal Home Loan Banks System (FHLB) is lending […]
January 23, 2023
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Enforcement goes on with Bitzlato action: Law Decoded, Jan. 16–23

Anatoly Legkodymov, the founder of China-based crypto firm Bitzlato, was arrested under suspicion of money laundering related to illicit Russian finance.   The good news from […]
January 23, 2023
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Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction

Coinbase CEO Brian Armstrong tweeted that BTC may be the “right long-term bet” for the two South American countries currently seeking a common currency.   As […]
January 19, 2023
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Metaverse not the endgame, but ‘ongoing digital transformation‘: Davos 2023

Leaders in the Web3 space came together at the World Economic Forum in Davos to discuss the first outputs from the “Defining and Building the Metaverse” […]
January 19, 2023
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FinCEN lists Binance among the top Bitcoin counterparties of Bitzlato

FinCEN placed Binance next to the darknet market Hydra as a major counterparty receiving Bitcoin from Bitzlato.   The US Financial Crimes Enforcement Network (FinCEN) – […]

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