Kuwait’s Regulator Bans All Crypto-Related Activities
The regulatory authorities in Kuwait have now imposed an absolute ban on all cryptocurrency-related activities under their jurisdiction. On this front, the Central Bank of...
Buterin Shares Ethereum’s Account Abstraction During Paris Community Conference
Vitalik Buterin elaborated how ‘paymasters,’ an account abstraction extension, permits users to use the transferred coins to pay for gas fees. Account abstraction is considered...
SEC’s Chair Optimistic AI Could Strengthen Enforcement
The US Securities and Exchange Commission (SEC) chair that leveraging artificial intelligence (AI) could facilitate its market surveillance. Gary Gensler admitted that integrating AI-powered systems...
Australian Regulator Suspends License of FTX Australia
FTX came under fire on account of the misappropriation of its client funds. However, as the case is under investigation more dark secrets concerning the...
UAE-Based Influencer Gets 8 Years in US Prison After Forfeiting 151 BTC
A Nigerian influencer hailing from UAE was sentenced to eight years in prison in the USA. The person in question known pseudonymously as Mr.Woodbery was...
Coinbase and Binance to Relist XRP Following Landmark Ripple Ruling
Coinbase and Binance.US relisted the XRP token within a few days of the summary judgment. It is worth noting that the lawsuit continued for two...
Ark Invest Offloads More Coinbase shares, Targets Robinhood Markets, and Meta Platforms
An investment firm associated with Cathie Wood confirmed offloading Coinbase shares following the stock's rally to an all-time high in 2023. The bitcoin advocate divested...
US Regulators Reintroduce Crypto Bill to Regulate Digital Assets
Financial Innovation Act was introduced in Congress as part of an effort to regulate the virtual asset sector. However, the Act did not see the...
Multichain Terminates Operations Citing CEO and Sister Detention by Chinese Police
Multichain bridge protocol confirmed halting operations, citing insufficient funds to run. The announcement conveyed on Friday, July 14, via the Multichain (MULTI) official Twitter account...
Coinbase Shares Jump Nearly 10% as Cboe Files Amended Bitcoin ETF Application
Coinbase is a publicly traded cryptocurrency exchange. During the crypto winters, the stock COIN underwent some major ups and downs. However, recently the stock has...