In a recent discussion, Congressman Tom Emmer criticized the Securities and Exchange Commission’s (SEC) approach to regulating the cryptocurrency industry under Chair Gary Gensler’s leadership. He highlighted the case of Binance, a leading cryptocurrency exchange, for its failure to adhere to know-your-customer rules, leading to a substantial fine and the […]

Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November. On Nov. 24, several users and crypto community participants shared on X (Twitter) their attempts to […]

The Monetary Authority of Singapore (MAS) has recently concluded its response to the consultation paper on proposed regulations for cryptocurrency service providers, marking a significant step in establishing a regulatory framework for the crypto industry in Singapore. According to a report by Amitoj Singh for CoinDesk, MAS has reiterated its […]

Sam Bankman-Fried, once a prominent figure in the cryptocurrency world, is now facing a starkly different reality at New York’s Metropolitan Detention Center. Following his conviction on multiple charges, including wire fraud and money laundering, the former crypto mogul has been adjusting to life behind bars. A recent revelation disclosed […]

Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin (BTC), saying he was premature in calling for investors to sell the cryptocurrency.  In a Nov. 22 segment of his CNBC Mad Money show, Cramer responded to a caller who inquired about buying shares in Bitcoin miner CleanSpark, […]

The market has already entered the first phase of a major rally, with the number of people buying crypto trickling upward which is expected to accelerate early next year, say the heads of Australia’s largest crypto exchanges. Independent Reserve CEO Adrian Przelozny told Cointelegraph he expects market activity to see […]

The crypto trading days of former FTX CEO Sam Bankman-Fried are over, and the recently convicted founder has found a new thing to trade while in jail — fish.  The Wall Street Journal reported on Nov. 23 that Bankman-Fried recently traded four packets of Mackerel — known in prison as […]

Social media platform X (formerly Twitter) restricted the account of former Binance CEO Changpeng “CZ” Zhao without explanation other than suggesting he “may have potentially violated the X Rules.” On Nov. 23, X users could briefly view CZ’s account only after clicking on a button to acknowledge it was “temporarily […]

The attacker who drained $46 million from KyberSwap relied on a “complex and carefully engineered smart contract exploit” to carry out the attack, according to a social media thread by Ambient exchange founder Doug Colkitt.  Colkitt labeled the exploit an “infinite money glitch.” According to him, the attacker took advantage […]

XRP holders are urged to mark a significant date in their calendars as Evernode, a Layer-2 smart contract platform on the XRP Ledger (XRPL), prepares for a highly anticipated airdrop of its native asset, Evers. Evernode Sets Stage for Evers Airdrop Evernode conducted a snapshot of eligible XRP holders on […]