Scams make up the majority of illicit activity in the cryptocurrency sector. Findings from the Federal Bureau of Investigation (FBI) present that U.S. citizens lost $9.3 billion to crypto scams last year. The rise of synthetic intelligence (AI) has solely made this worse. According to blockchain analytics agency TRM Labs, there was a 456% increase…
The week in crypto regulation was a rollercoaster, marked by courtroom drama, political shifts, and high-level debates about the way forward for Bitcoin in authorities coverage. From the Samourai Wallet founders dealing with jail to Zohran Mamdani’s win, which might imply stricter guidelines in New York City, the worldwide dialog round digital belongings continues to…
Australia’s monetary regulator has warned that the nation dangers falling behind as blockchain-driven tokenization reshapes international markets, urging swift motion to modernize laws and embrace innovation. Speaking at the National Press Club in Canberra on November 5, Australian Securities and Investments Commission (ASIC) Chair Joe Longo stated tokenization, the method of turning real-world belongings into…
Kazakhstan plans to set up a nationwide cryptocurrency reserve fund valued between $500 million and $1 billion by early 2026, in accordance to a Bloomberg report. The initiative marks certainly one of Central Asia’s boldest steps towards integrating digital belongings right into a state-managed funding portfolio—although authorities say the fund will take a cautious method,…
Billionaire Michael Saylor’s Strategy Inc. introduced Friday that it has priced its preliminary public providing of 10% Series A Perpetual Stream Preferred Stock (STRE), elevating gross proceeds of €620 million ($715 million). Strategy declares pricing of its Stream Perpetual Preferred Stock ($STRE) Offering and upsizes the deal from €350 Million to €620 Million. $MSTR https://t.co/AyN67dQ1jy…
Filecoin (FIL) has soared greater than 55% in the previous 24 hours, reaching $2.10, as investor sentiment turns bullish forward of a collection of main ecosystem upgrades and occasions. The decentralized storage community’s rally has been fueled by a mix of AI-driven demand, technical breakout patterns, and anticipation surrounding the Filecoin Developer Summit and DePIN…
Polymarket, a number one crypto prediction market platform, has seen important inflation of its buying and selling quantity on account of “synthetic” wash buying and selling, a brand new Columbia University study uncovers. The examine notes that Polymarket was not itself liable for wash buying and selling, whereas the crypto-based construction may have enabled it….
Circle submitted a comment letter to the U.S. Department of the Treasury, responding to the Advance Notice of Proposed Rulemaking on the GENIUS Act. The submitting outlines a nationwide framework for cost stablecoins and describes how uniform necessities may help customers, issuers, and intermediaries throughout U.S. markets. The letter presents its suggestions inside a single…
Blockchain Association CEO Summer Mersinger stated in a November 5 X submit that it’s nonetheless attainable for this Congress to move crypto market construction laws even if “deadlines shift.” Summer Mersinger Shares Her Take On Key Crypto Bill According to Mersinger’s Wednesday X submit, the previous Commodity Futures Trading Commission (CFTC) commissioner stated that “getting…
Coinbase Europe Limited, the European arm of U.S.-based crypto trade Coinbase, has agreed to pay a €21.5 million ($24.7 million) wonderful to the Central Bank of Ireland (CBI) after a collection of coding failures left 1000’s of buyer transactions unscreened for suspicious exercise between 2021 and 2022. The Irish regulator said the errors represented a…