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Bitcoin
US Court Orders Operator of Digital Asset Trading Scam to Pay $54 Million
According to the Commodity Futures Trading Commission (CFTC), Michael Ackerman, the operator of an alleged fraudulent digital asset trading scheme, has been issued with an injunction order which bars him from trading in any CFTC-regulated…
Haru Invest Fallout: South African Crypto Platform Says Customers Can Only Access 76% of Crypto…
The South African crypto platform, Revix, said on June 28 that customers can now only access just over three-quarters (76%) of their crypto assets. Revix said the move to block customers’ access to 24% of their crypto assets was made…
UK Commission Publishes Recommendations for Reform and Development of the Law on Digital Assets
The Law Commission of England and Wales has published its “recommendations for reform and development of the law on digital assets.” The recommendations, which seek to secure the U.K.’s position as a global crypto hub, are…
Presidential Candidate Javier Milei Claims He Has the Funds to Dollarize Argentina
Javier Milei, a liberal presidential candidate in Argentina, stated recently that he has the funds needed for the dollarization of the country at the current market prices. Milei noted that his team had signed an NDA (non-disclosure…
FTX Pauses Sale of $500 Million Stake in AI Startup Anthropic
Failed crypto exchange FTX has unexpectedly halted the sale of its stake in the artificial intelligence (AI) startup Anthropic. The stock has been viewed as a source of funds that can be used to compensate customers who suffered losses as a…
Binance to Lose Euro Transfers as Paysafe Drops Support
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking…
Mastercard Introduces ‘Multi-Token Network’ to Support Wider Digital Asset Industry
Mastercard has introduced its Multi-Token Network (MTN), an app store powered by blockchain technologies for building regulated financial applications. “MTN represents one of Mastercard’s most ambitious projects in the digital asset…
North Carolina Advances Bill to Study Holding Bitcoin, Using Crypto to Hedge Against Inflation
The U.S. state of North Carolina has advanced a bill to study holding cryptocurrencies, particularly bitcoin, in the state treasury. The bill appropriates $50,000 from the state’s general fund to study three areas, including “The process of…
Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives
Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out…
U.S. Investors Are Driving Bitcoin’s Price Surge as Institutional Demand Rises
BTC price gains and trading activity have mostly concentrated during U.S. market hours, according to K33 Research.