ByBit has announced that it is ceasing operations in France due to recent regulatory actions by French authorities. Effective August 2, the company will restrict French users' accounts to "close-only" mode, preventing new positions or deposits. Users in...
MicroStrategy, the largest corporate holder of Bitcoin and the world's first Bitcoin development company has released its financial results for the second quarter of 2024, which ended on June 30. The company reported that its Bitcoin holdings have...
The Federal Bureau of Investigation (FBI) has warned about a rising scam where fraudsters impersonate employees of cryptocurrency exchanges to steal users' funds. These fraudsters employ phone calls or messages to falsely pose as representatives of crypto exchanges,...
Ripple is set to expand the functionality of its XRP Ledger (XRPL) by introducing tokenized U.S. Treasury bills (T-bills). This initiative comes through a collaboration with OpenEden, a prominent player in the tokenization of real-world assets (RWA). According...
South Korea is set to introduce a supervisory fee for cryptocurrency operators, calculated based on their operating revenue. The Financial Services Commission (FSC) of South Korea has implemented the 'Virtual Asset User Protection Act' as of July 19....
Riot Platforms, a leading Bitcoin mining company, reported a total revenue of $70.0 million for the second quarter of 2024, a decline from $76.7 million in the same period last year. This decrease was attributed to the Bitcoin...
David Marcus, former president of PayPal and current CEO of Lightspark, has publicly endorsed former President Donald Trump for re-election. In a post on the social media platform X, Marcus expressed his support for the Republican Party, stating...
In response to the recent hack of local crypto exchange WazirX, India's Bharat Web3 Association (BWA) is ramping up efforts to enhance cybersecurity and strengthen consumer protection in the cryptocurrency sector. Local media reports that the BWA has...
The Wisconsin Department of Financial Institutions (DFI) has launched a publicly accessible tracker to combat cryptocurrency and other investment scams. This initiative, according to the agency, comes in response to nearly $3.55 million lost by Wisconsinites to financial...
The Law Commission of England and Wales has recommended that the government establish a new category of personal property to encompass crypto assets. The independent body, which reviews and suggests legal reforms, highlighted the shortcomings of the current...
