crypto regulation

phoenix-wallet-to-disable-services-in-the-us-–-here’s-why
Posted by | April 28, 2024
Phoenix Wallet To Disable Services In the US – Here’s Why

Phoenix Wallet, a Bitcoin wallet provider for Lightning Network payments, has announced its impending removal from US application stores. This development comes as the wallet’s founding company, ACINQ, criticizes the...

Continue Reading
texas-crypto-mining-firm-and-co-founders-face-sec-charges-in-$5m-fraud-allegations
Posted by | April 26, 2024
Texas Crypto Mining Firm And Co-Founders Face SEC Charges In $5M Fraud Allegations

The US Securities and Exchange Commission (SEC) has taken legal action against Geosyn Mining, LLC, a Texas-based crypto mining and hosting company, and its co-founders, Caleb Ward and Jeremy McNutt,...

Continue Reading
crypto-influencer-‘jay-mazini’-receives-seven-year-jail-sentence-and-$10m-asset-seizure
Posted by | April 25, 2024
Crypto Influencer ‘Jay Mazini’ Receives Seven-Year Jail Sentence And $10M Asset Seizure

In a Brooklyn federal court, a crypto-influencer on social media sites such as Instagram, Jebara Igbara, also known as “Jay Mazini,” was sentenced to 84 months for wire fraud, wire...

Continue Reading
breaking:-samourai-wallet-co-founders-arrested-in-alleged-$100m-money-laundering-scheme
Posted by | April 24, 2024
BREAKING: Samourai Wallet Co-Founders Arrested In Alleged $100M Money Laundering Scheme

In a major development, the co-founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, were arrested by US authorities on charges of operating an unlicensed money-transmitting business and conspiracy...

Continue Reading
irs-reveals-preliminary-tax-reporting-form-for-digital-assets
Posted by | April 20, 2024
IRS Reveals Preliminary Tax Reporting Form For Digital Assets

The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency transactions. The newly released Form 1099-DA, tagged as “Digital Asset...

Continue Reading
two-us-senators-introduce-new-bipartisan-stablecoin-legislation
Posted by | April 19, 2024
Two US Senators Introduce New Bipartisan Stablecoin Legislation

Two US lawmakers unveiled on Wednesday proposed legislation that will create a regulatory framework for payment stablecoins. In a statement, senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) say the...

Continue Reading
hong-kong-bitcoin-etfs-expected-to-lag-behind-us-market-with-meager-$500m-inflows,-expert
Posted by | April 15, 2024
Hong Kong Bitcoin ETFs Expected To Lag Behind US Market With Meager $500M Inflows, Expert

The Hong Kong Securities and Futures Commission (SFC) has granted official approval for spot Ethereum and Bitcoin ETFs, signifying a major milestone for the crypto market in the region.  However,...

Continue Reading
first-ever-conviction-for-crypto-smart-contract-hacking:-nirvana-exploiter-sentenced-to-3-years
Posted by | April 12, 2024
First-Ever Conviction For Crypto Smart Contract Hacking: Nirvana Exploiter Sentenced To 3 Years

After orchestrating a series of hacks on two decentralized cryptocurrency exchanges (DEXs) that stole more than $12 million worth of crypto, former security engineer Shakeeb Ahmed was sentenced today to...

Continue Reading
uniswap-labs-counters-sec-probe-and-uni’s-30%-price-drop-with-new-cross-chain-erc-standard
Posted by | April 11, 2024
Uniswap Labs Counters SEC Probe And UNI’s 30% Price Drop With New Cross-Chain ERC Standard

Uniswap Labs, the software development company behind the decentralized exchange (DEX) Uniswap, was served with a Wells Notice by the US Securities and Exchange Commission (SEC) on Wednesday, which could...

Continue Reading
examining-the-$100m-mango-markets-exploit,-latest-updates-from-avraham-eisenberg’s-trial
Posted by | April 10, 2024
Examining The $100M Mango Markets Exploit, Latest Updates From Avraham Eisenberg’s Trial

In a significant development for the cryptocurrency industry, the trial of Avraham Eisenberg, the accused perpetrator of the $100 million Mango Markets exploit , has commenced in a New York...

Continue Reading