Joe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based IT supplier called Kaseya. Hundreds of American businesses were affected by the breach as the attackers encrypted the files of some 200 clients. Biden said on Friday that he’s […]

An ex-employee of the now-defunct crypto exchange Cryptopia has admitted in court to stealing crypto worth about $170,000. The employee pled guilty to stealing coins and customer data while he worked at Cryptopia when the company was still up and running. A name suppression by the Christchurch district court of […]

Press Release: PixelPotus launches their NFT collectible card game with flying colors as the Tezos community welcomes pixelated presidential tokens with open arms.  July 6 2021, Nevada, United States – Just halfway through 2021 and we see non-fungible tokens (NFTs) becoming a staple in every crypto enthusiast’s diet. With the […]

SoftBank’s Vision Fund 2 and several other prominent investors are reportedly in talks with the UK-based financial technology firm, Revolut for the injection of fresh capital at a valuation of nearly $30 billion. According to a report published by Sky News, Revolut and its advisers asked SoftBank’s Vision Fund 2 […]

The growth of stablecoins that are not fully backed by safe assets could trigger a destabilization in short-term credit markets, rating agency Fitch has warned. In a commentary note, the agency explained that coins that are fully backed by safe assets pose a lesser risk for the financial markets. The […]

BUX, a Dutch brokerage, announced the appointment of Salim Sebbata as the new Chief Executive Officer (CEO) of its United Kingdom business on Monday. He will replace Yorick Naeff, who is also the CEO of BUX. At BUX, Sebbata will oversee the general operations of the Dutch firm in the […]

The crypto-friendly state of Wyoming has approved the first legally recognized Decentralized Autonomous Organization (DAO) in the United States. The American CryptoFed DAO received notice from the Wyoming Secretary of State’s office on July 1 recognizing it as a legal entity, according to a July 4 announcement. Marian Orr, CEO […]

The Federal Deposit Insurance Corporation (FDIC) has issued a request for information and comment on digital assets, in a bid to learn more about how institutions are currently using digital assets, and how they envisage using them in the future. The FDIC document invites interested parties to submit their comments […]

El Salvador has opened its country to bitcoin transactions, and the news has spread like wildfire. To some, such as the World Bank, the idea of an entire nation running on BTC is risky and frightening, but to others – like senior regulators in the U.S. – El Salvador is […]

Brian Armstrong, the co-founder and CEO of America’s biggest crypto exchange, Coinbase, met the chairman of the Federal Reserve Banks, Jerome Powell. In a tour of Washington on May 11th, Armstrong met numerous politician and leaders of federal agencies, including Speaker Nancy Pelosi (pictured) and former speaker Paul Ryan with […]