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Blockchain
SEC and Binance.US strike a temporary agreement on asset access
Binance, Binance.US, and the United States Securities and Exchange Commission (SEC) reportedly agreed on Friday, June 16, to temporarily limit access to customer funds exclusively to Binance.US employees.According to reports, the…
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Why some Cubans are adopting BTC to escape ‘The Matrix’
Bitcoin adoption could swell in Cuba, particularly if private businesses understand the upside to accepting Bitcoin (BTC) as currency. That’s according to a Cuban businessperson and Bitcoin advocate, Erich Garcia Cruz.A recent emigrant…
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Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report
According to a new report published by blockchain analytics firm Nansen on June 14, most reputable cryptocurrency exchanges adopted user protection funds amid the collapse of FTX. Together, exchanges such as Binance, OKX and Bitget have…
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North Korean hackers swipe over $100M from Atomic Wallet users
Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto…
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Fear of blockchain will have ‘disastrous consequences’ — Ava Labs CEO testimony
Ava Labs CEO Emin Gün Sirer will be calling on United States officials to “nurture” and “support” responsible blockchain innovation, warning that they face “disastrous consequences” if they don't.Gün Sirer’s comments in defense of what…
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Reddit crypto communities go dark — Here’s why
Numerous sub-communities on Reddit, including popular crypto subreddits, unanimously decided to go private for 48 hours to protest against new company policies that prevent the use of third-party applications.In April, Reddit announced…
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Hong Kong legislator invites Coinbase to the region despite SEC scrutiny
Touting its progressive stance on cryptocurrencies, a Hong Kong legislator has invited Coinbase and other crypto exchanges to establish operations in the region.Legislative Council member Johnny Ng took to Twitter to express support and…
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Scammers steal nearly $1M after hijacking 8+ prominent Crypto Twitter accounts
Over the past few weeks, scammers have hijacked over eight Twitter accounts of prominent figures in the crypto space to promote phishing scams. The group has stolen almost $1 million worth of crypto so far, according to blockchain sleuth…
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EU starts countdown to crypto legislation, adds MiCA to official journal
On June 9, the European Union’s Markets in Crypto-Assets (MiCA) legislation was published in the Official Journal of the European Union (OJEU). This triggers the countdown for the law to come into effect from Dec. 30, 2024.The…
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Polygon Labs president testifies on democratizing the internet with Web3, blockchains
The United States House of Representatives Energy and Commerce Committee’s Subcommittee on Innovation, Data and Commerce gathered to discuss blockchain technology and the future of Web3 on June 7. Crypto industry members, including…
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