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Binance users involved in a class-action lawsuit against Cristiano Ronaldo are taking unconventional steps in their pursuit, filing a motion to serve the elusive soccer star through alternative channels, including X.

Chasing Ronaldo: Binance users to employ creative tactics in class-action lawsuit

Binance users who lodged a proposed class-action lawsuit against Cristiano Ronaldo over his promotion of the crypto exchange are now seeking to serve the elusive soccer player through other viab...

8 months ago

How A Point Racing Team Utilizes Digital Yuan

Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case

A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypt...

8 months ago

Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

Policymakers in the European Union on Wednesday reached a provisional deal on parts of a comprehensive regulatory package to combat money laundering that will force all crypto firms to...

8 months ago

The bills could create significant roadblocks to a CBDC in the United States.

Multiple US Senate bills object to CBDC definition as ‘money’

Bills against referring to central bank digital currency (CBDC) as money have been filed in the states of Utah, South Carolina, South Dakota and Tennessee. The bills would exclude a CBDC from th...

8 months ago

Vitalik Buterin, the co-founder of Ethereum (ETH), has ignited a debate about the classification of various layer 2 scaling solutions.

Ethereum Co-Founder Vitalik Buterin Says Validiums are Not Genuine Rollup Solutions

The crypto veteran has claimed that Ethereum’s validiums should not be considered genuine rollup solutions. The statement came in response to a post by Daniel Wang, the foun...

8 months ago

Since their recent launch in the United States, spot Bitcoin ETFs have achieved a cumulative trading volume of nearly $10 billion within just three days.

U.S. Spot Bitcoin ETFs Reach $10B Trading Volume in 3 Days; Grayscale Accounts for Over Half of that Figure

According to Bloomberg analyst James Seyffart, the standout performer among the spot Bitcoin ETFs is Grayscale’s GBTC, which recorded an impressive three-day trading volume of $5.174 ...

8 months ago

Hacker Deploys 1 Million Virtual Servers in Illicit Crypto Mining

Hacker spins up 1 million virtual servers to illegally mine crypto

A 29-year-old man in Ukraine was arrested this week for using hacked accounts to create 1 million virtual servers used to mine $2 million in cryptocurrency. As announced today by...

8 months ago

The Financial Intelligence Unit issued a notice of noncompliance against 10 foreign crypto exchanges on Dec. 28, 2023.

Indian crypto exchanges lure in Binance, OKX investors after FIU ban

Indian crypto exchanges are promising hassle-free transfers for users who want to transfer their crypto assets from foreign crypto exchanges after the country’s Ministry of Finance Financi...

8 months ago

The successor to Saga will have new hardware and a cheaper price point, according to a person familiar with the plans.

Solana Mobile to Sell Second Crypto Smartphone: Source

Solana Mobile plans to launch a second smartphone as it looks to ride the unlikely success of its first crypto-ready smartphone, a person familiar with the matter said. The upcoming ph...

8 months ago

The former biotech executive was the only Republican contender to have a crypto plan.

Vivek Ramaswamy, Crypto-Friendly U.S. Presidential Candidate, Suspends Campaign

Vivek Ramaswamy – who pledged to lay off most of the Securities and Exchange Commission (SEC) and direct a path for digital assets policy if elected President– suspended his campaign...

8 months ago