Stablecoin Issuers Target North Korean Hackers
TL;DR Stablecoin Issuers Act Against Lazarus Group: Tether, Circle, Paxos, and Techteryx have frozen wallets linked to North Korea’s Lazarus Group, seizing nearly $7 million...
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Kraken Pushes for Jury Trial in SEC Lawsuit
TL;DR Kraken Requests Jury Trial: Kraken has officially sought a jury trial in its legal battle with the U.S. SEC, following a judge’s decision to advance...
Growing Concerns Over Tether Transparency and Reserves: Is a Collapse Imminent?
TL;DR Tether continues to fail to deliver on its promise of an independent audit to support its dollar reserves. Lack of transparency raises concerns about...
eToro to Pay $1.5 Million Fine to SEC and Restrict Its Crypto Offerings in the U.S.
TL;DR eToro has agreed to pay $1.5 million to the SEC and will limit its crypto offerings in the U.S. to Bitcoin, Bitcoin Cash, and...
Bitcoin at Risk: Arthur Hayes Warns of Yen Strength and Market Impact
TL;DR Arthur Hayes warns of a possible market crash due to a strengthening Japanese yen. The dismantling of carry trade operations could negatively affect Bitcoin....
JUSTICE Token Listed on Bitfinex, Strengthening the Fight for Freedom of Speech
TL;DR Bitfinex will list the AssangeDAO (JUSTICE) token starting September 12, 2024. The JUSTICE token supports the cause of Julian Assange and freedom of expression....
Bitwise Predicts a Crypto Market Rally in the Last Quarter
TL;DR Matt Hougan of Bitwise predicts a crypto rally for the last quarter of 2024 as macroeconomic uncertainty clears. September has historically been unfavorable for...
Bitcoin Volatility Surges Ahead of US Jobs Report
TL;DR Bitcoin Volatility: Bitcoin has experienced significant volatility ahead of the US jobs report for August, which is expected to influence the Federal Reserve’s interest...
Morgan Stanley Boosts Bitcoin Exposure with Major Investments in BlackRock ETF and MicroStrategy
TL;DR Morgan Stanley allocated 2.1% of its Institutional Fund to BlackRock’s Bitcoin ETF, IBIT. The fund also holds a 4% stake in MicroStrategy, one of...
Ripple Delays $125M Fine as SEC Appeal Uncertainty Grows
TL;DR Ripple delays payment of $125 million fine amid speculation of possible SEC appeal. Both parties agreed to deposit 111% of the judgment amount into...