Brazil's tax authority, the Special Department of Federal Revenue of Brazil (RFB), is set to summon foreign cryptocurrency exchanges operating within the country to clarify their operations and cooperation with local service providers, according to a new report from Reuters. Officials from the agency told Reuters that an ordinance expected ...
President Joe Biden's renomination of Caroline Crenshaw for a second term as U.S. Securities and Exchange Commissioner has sparked significant debate within the cryptocurrency community. Fox Business journalist Eleanor Terrett broke the news on X while also highlighting Crenshaw's history of voting against the approval of Bitcoin spot ETFs and ...
Biconomy has introduced a new tool that represents a major advancement in combining artificial intelligence (AI)with cryptocurrency management. The tool, called the Delegated Authorisation Network (DAN), is designed to let AI help manage users manage crypto transactions securely. According to the Biconomy team, "DAN is an off-chain authorization network designed ...
Australians can no longer use credit cards and digital currencies for online betting as part of the government's effort to prevent people from gambling with money they don't have. On June 11, The Canberra Times reported that the Australian government had banned the use of digital currencies and credit cards ...
Mriganka Pattnaik, co-founder and CEO of crypto risk and intelligence platform Merkle Science, has stated that though smart contract vulnerabilities remain a security concern, the growing number of financial losses and hacks in the crypto sector cannot be linked to them. According to Pattnaik, hackers are shifting their focus to ...
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned cryptocurrency exchanges that providing investor disclosures does not shield them from regulatory scrutiny. In a recent interview with CNBC, Gensler emphasized that disclosures are insufficient if crypto exchanges engage in market manipulation or disseminate misleading information affecting investment decisions. ...
According to Yat Siu, co-founder of the Hong Kong-based game software company and venture capital firm Animoca Brands, the global cryptocurrency ecosystem is set for exponential growth in the coming years, with the potential to expand up to 200 times within a decade. Currently valued at approximately $2.7 trillion, the ...
Former President and presumptive Republican presidential nominee Donald Trump has made it clear that, during his potential administration, the U.S. would be a global leader in the crypto space. At the 2024 Libertarian National Convention held at the Washington Hilton in Washington, D.C., Trump delivered a passionate speech outlining his ...
Crypto markets are abuzz with renewed optimism as speculation mounts that a spot Ether (ETH) exchange-traded fund (ETF) may soon receive approval. This surge in confidence follows reports that the U.S. Securities and Exchange Commission (SEC) has reversed its stance on spot Ether ETFs, allegedly due to political pressure. And ...
On May 14, Tether reportedly froze USDT worth $5.2 million stored in 12 Ethereum wallets now tagged as "USDT Banned Address." According to the crypto tracking platform MistTrack, these wallets have been linked to phishing scams, and the addresses were used to launder funds obtained through fraudulent activities. Tether's history ...
