Member companies of the Blockchain Association report that they have spent an estimated $426 million on defensive litigation fees amid the United States Securities and Exchange Commission’s (SEC) regulation-by-enforcement approach to digital assets, a new report from the crypto trade association highlights. Republican nominee Donald Trump has vowed to fire Chair Gary Gensler if elected to the U.S. presidency next week.
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Category: Cryptocurrencies
South Korea’s Crypto Investor Base Surges to 7.78M in First Half of 2024, Marking a 21% Growth
South Korea’s cryptocurrency investor population has surged to new heights, reaching 7.78 million in the first half of 2024, up 21% from the 6.45 million reported in the latter half of 2023.
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Bitcoin Spot ETFs See Historic Net Inflow of $893M, Second Only to March Record
Spot Bitcoin ETFs in the U.S. saw an impressive $893.21 million in net inflows on Wednesday, marking the second-highest total on record.
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Bitcoin Price Analysis: Scaramucci’s $170K BTC Call & MicroStrategy’s $42B Boost Potential
Bitcoin price forecast as Scaramucci sees $170K BTC by 2026, while MicroStrategy’s $42B BTC buy plan may boost demand. Explore key insights driving BTC’s outlook.
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ID Fraudsters Launch Automated Mega-Attacks on Crypto Companies, Abandoning Payments Sector
The increase in law enforcement intervention, among other factors, has pushed ID fraudsters toward crypto markets.
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Coinbase Commits $25M to Fairshake in Push for Pro-Crypto Candidates for 2026 Midterms
Coinbase has announced a $25 million donation to Fairshake, aiming to bolster support for pro-crypto candidates in the upcoming 2026 midterm elections.
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Teenager Accused of Using Crypto to Support Al Qaeda
A 16-year-old from East London is accused of fundraising for Al Qaeda using cryptocurrency, allegedly raising about $1,300 while offering his cybersecurity skills to extremist groups, prompting serious legal repercussions and restrictions.
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RabBitcoin Revolutionizes Blockchain Gaming with New Tap-to-Earn Mode
The world of blockchain gaming continues to evolve fast, with Play-to-Earn (P2E) models capturing the attention of gamers and crypto enthusiasts alike. These platforms are transforming the traditional gaming landscape by introducing financial rewards directly into gameplay. Recently, a new trend has emerged in the form of Tap-to-Earn games, in which users tap a button […]
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dYdX Sees Convergence of CeFi and DeFi and Plans to Launch ‘dYdX Unlimited’
Charles d’Haussy CEO dYdX Foundation told CryptoNews he sees a convergence in centralized exchanges (CEXs) and decentralized exchanges (DEXs) and noted that only 5% of perpetuals are currently traded on-chain.
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Asia Surpasses North America in Share of Crypto Developers: Electric Capital
The United States now accounts for just 18.8% of global crypto developers, a drop of 51% over the past year.
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