General News

ZachXBT Accused of Rug Pull Amid Memecoin Controversy

ZachXBT, a well-known crypto detective celebrated for exposing scams and helping recover millions in stolen assets, has found himself facing accusations of orchestrating a...

Canada Targets Crypto Transactions in Fight Against Drug Money Laundering

Canada's Financial Transactions and Reports Analysis Centre (FINTRAC) has unveiled updated strategies to combat the laundering of proceeds from synthetic opioids, with a special...

Andreessen Horowitz Closes UK Office to Focus on US Crypto Boom

Andreessen Horowitz, the renowned venture capital firm, has announced its decision to close its UK office and redirect its efforts toward expanding operations in...

House Republicans Launch Investigation Into Crypto “Debanking” Claims

House Republicans on the U.S. Oversight Committee are launching an investigation into allegations that individuals and entities connected to the cryptocurrency industry have been...

Nasdaq Proposes Rule Change for BlackRock’s Bitcoin ETF

Nasdaq has submitted a request to the U.S. Securities and Exchange Commission (SEC) on behalf of BlackRock, seeking to amend the rules for its...

Ex-Engineer Faces Lawsuit Over Alleged IP Theft From Jump Trading

Jump Trading, a prominent crypto firm, has filed a lawsuit against a former software engineer, accusing him of stealing proprietary information to establish a...

SEC Repeals Controversial Crypto Accounting Rule SAB 121

The Securities and Exchange Commission (SEC) has officially rescinded Staff Accounting Bulletin (SAB) 121, a controversial rule that required financial firms holding cryptocurrency to...

Morgan Stanley Eyes Crypto Offerings for Clients, CEO Confirms

Morgan Stanley, one of the largest financial services firms in the world, is exploring ways to provide cryptocurrency-related services to its clients. The bank...

Janice McAfee Launches Memecoin Honoring John McAfee

Janice McAfee, the widow of cybersecurity pioneer John McAfee, has reportedly introduced a new memecoin inspired by her late husband. The announcement comes amid...

North Dakota Bill Aims to Cap Crypto ATM Transactions to Fight Fraud

North Dakota lawmakers are debating House Bill 1447, which seeks to limit cryptocurrency ATM transactions and implement stricter regulations to protect residents from scams....

Ethereum Fee Increase Despite Cost-Cutting Dencun Upgrade

Ethereum maintained its position as the highest-earning blockchain in 2024, collecting $2.48 billion in transaction fees—up 3% from its $2.41 billion earnings in 2023,...

Bitcoin Not a Threat to US Dollar, Says Goldman Sachs CEO

Goldman Sachs CEO David Solomon dismissed concerns that Bitcoin poses a risk to the dominance of the U.S. dollar, describing the cryptocurrency as an...