Potential evidence linking an anonymous scammer to a Canadian group was highlighted by blockchain security firm CertiK in a report sent to Cointelegraph; however, the company has so far failed to confirm the name or identity of the perpetrator(s).  On Aug. 16, CertiK released its findings from its investigation of […]

Despite his previous skepticism about cryptocurrencies, former U.S. President Donald Trump reportedly holds more than $5 million in an Ethereum wallet. This puts Trump, who is bidding to return to the White House in 2024, near the crypto “whale” category. The $5 million in Trump’s Ethereum wallet is significantly bigger […]

United States lawmakers on the House Financial Services Committee have demanded answers from the heads of the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) regarding how Prometheum obtained a special purpose broker-dealer (SPBD) license. In separate letters dated Aug. 9, House committee Chair Patrick McHenry and […]

United States-based cryptocurrency exchange Coinbase’s latest push advocating for crypto holders to “speak directly to lawmakers” featured a House of Representatives member who previously acknowledged 11 ethics violations. As of Aug. 15, more than 54,000 individuals had signed on to Coinbase’s “Stand with Crypto Alliance” in an effort to engage […]

Bitcoin’s creator, Satoshi Nakamoto, created Bitcoin in response to the 2008 financial crisis as an alternative to government-controlled money. Since then, Bitcoin has gone to spearhead the crypto industry, with many investors calling it digital gold. Now, renowned finance author Robert Kiyosaki has argued that Bitcoin price could reach $100,000 […]

The Monetary Authority of Singapore (MAS) has unveiled the features of a new regulatory framework aimed at ensuring a high degree of stability for stablecoins in the country. This is the outcome of the central bank’s public consultation, which commenced in October 2022. Feedback from this public consultation was considered […]

In today’s micro update from Capriole, founder Charles Edwards presented a compelling analysis that draws parallels between the current low volatility of Bitcoin and its historical behavior in 2016. With Bitcoin’s price stagnating around the $29,000 mark, experts are closely watching for signs of a potential bullish breakout. “Bitcoin’s price […]

Customers of Auckland, New Zealand-headquartered crypto exchange Dasset have been denied access to their funds, and the company’s representative has revealed the beginning of its liquidation.  On Aug.14, local media outlet The Herald reported on the exchange’s troubles. According to the report, some customers have unsuccessfully tried to withdraw their funds […]

The city of Dubai in the United Arab Emirates has started offering commercial licenses to artificial intelligence (AI) and Web3 businesses at a 90% subsidy as it works to create the largest cluster of new-age tech companies in the Middle East and North Africa (MENA) region.  The Dubai AI and […]

While blockchains continue to revolutionize payments by allowing instant transfers, Singapore’s central bank believes that three business days is a “timely transfer” for single-currency stablecoins (SCS), which is similar to transfer speed requirements for domestic money transfers.  On Aug. 15, the Monetary Authority of Singapore (MAS) released its regulatory framework […]