A China security ministry has warned that foreign agents are using crypto schemes to collect sensitive biometric data, including iris scans, posing a threat to both personal privacy and national security. Local outlet Global Times reported Wednesday that the ministry outlined the growing risks tied to biometric technologies. It said recent cases have shown foreign…
Ex-Binance CEO Changpeng “CZ” Zhao has asked a bankruptcy court to dismiss him from a $1.76 billion clawback suit filed by the FTX trust. The now-bankrupt FTX claims that the funds were “improperly transferred” by Sam Bankman-Fried. According to Bloomberg Law, CZ claimed that he’s a resident of the United Arab Emirates and that the…
United States Securities and Exchange Commission (SEC) Chair Paul Atkins called the federal regulator’s Division of Corporation Finance’s statement on liquid staking protocols a “significant step forward” on Tuesday. Paul Atkins Praises SEC Liquid Staking Statement In an August 5 statement, Atkins praised the SEC’s updated guidance, which claims that liquid staking activities do not…
Galaxy Digital is exploring the possibility of tokenizing its publicly traded shares as part of a broader push into blockchain-based finance, the company disclosed in a new filing with the U.S. Securities and Exchange Commission (SEC). The move comes just weeks after the firm completed its long-awaited listing on the Nasdaq under the ticker GLXY….
U.S. President Donald Trump said on Tuesday that it’s unlikely that he’ll run for a third term, despite the fact that he’d “like to,” per a new interview with CNBC Squawk Box. Donald Trump Talks Third Term Despite Constitutional Limits In an August 5 interview with the media program, the newly inaugurated U.S. president hinted…
Key Takeaways: Lancashire Police will reinvest £500,000 from a Bitcoin forfeiture tied to a 2017 fraud case. The force has applied a crypto wallet freezing order under the Proceeds of Crime Act for the first time. The victim was repaid in full, and surplus funds will be directed toward crime prevention through a national innovation…
The U.S. Securities and Exchange Commission’s Division of Corporation Finance published a detailed statement on Tuesday clarifying its views on “liquid staking,” a type of crypto protocol staking where users receive newly minted tokens representing staked assets. In a statement, the SEC said the guidance seeks to help crypto participants understand whether these arrangements fall…
Solana Mobile has initiated the rollout of its second-generation Seeker smartphone, with an initial pre-order batch of 150,000 devices now shipping to customers across more than 50 countries worldwide. The company confirmed through an August 4 announcement on X that tens of thousands of Seeker units are currently en route to customers. Early recipients have…
The VerifiedX (VFX) Network (VerifiedX.io) and Merkle Science (merklescience.com), have commenced integrating the VerifiedX native coin (VFX) and Verified Bitcoin Token (vBTC) with Merkle Science’s extensive platform suite to comply with AML, KYC, and CFT regulations enabling compliance and security for all institutional traders. This will result in a seamless on / off ramp creating…
Figure Technology Solutions has confidentially submitted a draft registration statement with the SEC for a proposed initial public offering (IPO) of its equity securities, expected to launch in 2025. According to an official press release, the blockchain-focused financial technology company has not yet determined the number of shares to be offered or the price range…