General News

Coinbase Faces Lawsuit Over Alleged Unregistered Securities Sales

A U.S. federal judge has ruled that Coinbase must face an investor lawsuit alleging the exchange sold unregistered securities. The decision rejects Coinbase’s claim...

Florida Senator Proposes Bitcoin Investment for State Funds

Florida Senator Joe Gruters has introduced a bill advocating for the state to invest part of its funds in Bitcoin and other digital assets....

Phishing Scammers Target Phantom Wallet Users

Phishing scammers are attempting to steal private keys from Phantom wallet users by tricking them into approving fraudulent update requests. These fake pop-ups mimic...

Canadian Crypto App Founder Caught Hiding 450 Bitcoin

Firoz Patel, the founder of the crypto payments platform Payza, has been sentenced to an additional three and a half years in a U.S....

Bitcoin Creator Satoshi Nakamoto May Be Wealthier Than Bill Gates

Satoshi Nakamoto, the mysterious creator of Bitcoin, may now have a net worth surpassing that of Microsoft co-founder Bill Gates, according to new onchain...

CFTC Fines EmpiresX Founders $130M for Crypto Fraud

A U.S. federal court has imposed over $130 million in fines and restitution against the Brazilian founders of EmpiresX, a fraudulent cryptocurrency investment scheme...

SEC Crypto Enforcer Jorge Tenreiro Moved to IT Office

The Securities and Exchange Commission (SEC) has reportedly reassigned Jorge Tenreiro, its former head of crypto enforcement and chief litigation counsel, to the agency’s...

MicroStrategy Rebrands to ‘Strategy’ After Reporting $670M Q4 Loss

Bitcoin-focused firm Strategy—formerly known as MicroStrategy—reported a net loss of $670.8 million in the fourth quarter of 2023, marking its most aggressive Bitcoin acquisition...

Law Firms Demand Pump.fun Remove Over 200 Infringing Memecoins

Two U.S. law firms, Burwick Law and Wolf Popper, have issued a cease and desist letter to Solana-based memecoin platform Pump.fun, demanding the immediate...

SEC Reportedly Scaling Back Its Crypto Enforcement Unit

The U.S. Securities and Exchange Commission (SEC) is reportedly reducing the size and scope of its 50-person crypto enforcement unit, according to a Feb....

Crypto-Stealing Malware Found in Android and iOS App

Cybersecurity firm Kaspersky Labs has uncovered malware hidden in software development kits (SDKs) used to create apps for both Google’s Play Store and Apple’s...

Ohio Senator Proposes Bitcoin Reserve Fund in New Bill

Ohio Senator Sandra O’Brien has introduced a new bill aiming to allow the state to invest in Bitcoin, marking the second attempt to establish...