Pump.fun, a decentralized platform on the Solana blockchain, faces criticism from Max Burwick, founder of Burwick Law, who claims it exploits investors and represents a new form of multi-level marketing scam. He plans to file a lawsuit against the...
A man from Yakutia, Russia, has been sentenced to seven years in prison for allegedly funding the Ukrainian Armed Forces (AFU) through cryptocurrency transfers. According to Russian media outlet Izvestia, the individual, whose identity remains undisclosed, is a resident...
BitMEX has launched new perpetual swap contracts for the USDT pairs of RAY, AIXBT, and AI16Z. According to a new update from the crypto derivative trading platform, the contracts will be listed starting from January 15, 2025, at 04:00...
World Liberty Financial (WLFI), a DeFi platform backed by President-elect Donald Trump and his sons—Eric, Donald Jr., and Barron—has addressed rumours regarding its recent crypto transactions. In a January 15 statement on X, WLFI confirmed that the transactions were...
The United States, Japan, and South Korea have warned the global blockchain industry about the increasing cyber threats that North Korean hackers pose. In a joint statement released on January 14, the nations emphasized the risks posed by groups...
Sam Gao, an advisor at Andreessen Horowitz, announced the release of the technical whitepaper for Eliza, an open-source operating system for AI agents, on January 14. The whitepaper lists Shaw, the founder of ElizaOS, as the primary author, with...
Robinhood has reached a $45 million settlement with the U.S. SEC due to over 10 violations of securities laws. The settlement affects its broker-dealer subsidiaries, Robinhood Securities LLC and Robinhood Financial LLC. On January 13, the SEC released a...
Gulf-based private equity firm Sigma Capital has launched a $100 million fund called “Sigma Capital Fund I” to invest in web3 technologies. The fund will focus on DeFi, blockchain infrastructure, real-world asset tokenization, gaming, and the metaverse. The firm,...
Mitrade, a globally recognized Contract for Difference (CFD) trading platform, has introduced an Excess of Loss Insurance Policy backed by Lloyd’s of London, offering up to AUD 1 million in coverage for claims due to company insolvency, aimed at...
The Commodity Futures Trading Commission (CFTC) is set to vote on whether to subject Crypto.com’s new futures contracts, which enable users to wager on major football games like the Super Bowl, to a 90-day review. According to a Bloomberg...
