US agencies miss GENIUS Act deadline for final stablecoin rules
US regulatory agencies missed the rulemaking deadline under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act on Saturday, which marked one year...
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South Korean regulator begins sanctions process against Dunamu: Report
South Korea’s Financial Supervisory Service (FSS) has reportedly sent an inspection opinion letter to Dunamu, the operator of crypto exchange Upbit, regarding the $36 million...
Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups
Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential, suggesting that this might lead to...
Kaspersky identifies malware framework targeting crypto investors
Kaspersky has uncovered a new malware framework targeting cryptocurrency investors. Dubbed “OkoBot,” the malware initiates an infection chain that starts with social engineering tactics such...
French gambling regulator orders ISPs to block Polymarket
France’s Autorité nationale des jeux (ANJ), or the National Gambling Authority, has ordered internet service providers to block access to Polymarket. Prediction websites are considered...
Crypto Biz: When dollars disappear, stablecoins step in
Stablecoins have long been pitched as a faster way to move dollars across borders. In Bolivia, they’re increasingly becoming a way to access dollars in...
FTX to distribute $900M to creditors in fifth payment round
The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31. In...
Consensys unknowingly outsourced developer work to North Korean
Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be...
Galaxy lands 15-year Texas Tech stadium naming rights deal
Digital asset and AI infrastructure company Galaxy Digital has signed a 15-year naming rights agreement with Texas Tech, renaming the university’s football stadium Galaxy Stadium...
The British Virgin Islands are a top crypto hub no one ever talks about: Here’s why
More than $1 out of every $10 of the world’s tokenized US Treasuries is issued by a company incorporated in the British Virgin Islands. That...