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    Blockchain

    Bastion, Co-Founded by Former a16z Crypto Leaders, Raises $25M to Drive Web3 Adoption

    Crypto startup Bastion has raised $25 million in a funding round led by venture giant Andreessen Horowitz’s crypto arm, a16z crypto.

    These Crypto Websites are Defying the Bear Market – What’s Going On?

    Is 2023 really worth calling a ‘bear market’ year for crypto? A look at website traffic data for major industry domains suggests the answer may be a bit complicated.

    Thailand to Tax Overseas Earnings From Crypto Traders – Will it Impact Foreign Investment?

    Thailand would soon tax foreign earnings from crypto traders, a tighter measure to close the loophole, which allowed overseas income into the country tax-free.

    Global Investment Bank Nomura Launches Institutional Bitcoin Fund – Adoption on the Rise?

    Japan's largest investment bank, Nomura, unveiled its Bitcoin Adoption Fund through its crypto subsidiary, Laser Digital.

    UK Passes Bill to Seize Crypto from Illicit Activities

    The United Kingdom’s House of Lords has pushed The Economic Crime and Corporate Transparency bill to its final stages of approval.

    XRP Attorney Addresses New York’s Delisting of Ripple and Dogecoin, Denies Political Intentions

    On Monday, the New York Department of Financial Services (NYDFS) introduced updated standards for its virtual currency oversight while removing Ripple (XRP) from "its approved list of cryptocurrencies."

    Blockchain Capital Raises $580 Million for New Cryptocurrency Investment Fund – Here’s the Latest

    Blockchain Capital, a crypto-focused investment firm, has successfully raised $580 million for two new investments funds in infrastructure, gaming, DeFi, and consumer technologies.

    Hong Kong’s Chief Executive Calls for Tighter Crypto Regulations Citing JPEX Saga

    Hong Kong’s Chief Executive John Lee called for tighter regulations on crypto trading citing the recent alleged rugpull by the unlicensed crypto exchange JPEX.

    FTX Sues Sam Bankman-Fried’s Parents to Recover Millions in Misappropriated Funds

    Bankrupt crypto exchange FTX has taken legal action against the parents of its founder and former CEO, Sam Bankman-Fried, accusing them of being involved in fraudulent activities. 

    OneCoin Lawyer Involved In Laundering $400 Million Denied Fresh Trial

    Mark Scott, a lawyer accused of laundering $400 million in the infamous OneCoin cryptocurrency scam in 2019 has been denied a new trial.

    Malta Embraces EU’s MICA Regulations: Public Consultation Open Until Sept. 29

    On Sept. 18, Malta's Financial Services Authority (MFSA) initiated a public consultation to harmonize its crypto regulations with Europe's Markets in Crypto-Assets (MICA) regulations, slated to become effective in December 2024.

    Judge Refuses to Compel Binance.US to Release Documents Requested by SEC, Calls for Cooperative Approach

    In a recent development in the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Binance.US, a U.S. judge has declined the SEC's immediate request for access to Binance.US's software and other documentation. 

    SEC Challenges Binance US’s Objections in Latest Court Motion – Here’s What You Need to Know

    In a new development today, the U.S. Securities and Exchange Commission (SEC) has asked a court to dismiss the objections raised by Binance US regarding the regulator's recent legal motion. 

    Crypto Influencer Arrested by Hong Kong Authorities in JPEX Probe

    Hong Kong authorities have apprehended social media influencer Joseph Lam (Lin Zuo) for his involvement in the troubled JPEX exchange.

    Nine Senate Dems Drum Support for Warren’s Crypto Bill

    Senator Elizabeth Warren has garnered further support in the Senate for her soon-to-be-released Digital Asset Anti-Money Laundering Bill.

    NYDFS Proposes New Guidelines on Listing and Delisting Crypto on Trading Platforms

    The New York Department of Financial Services (NYDSF) seeks to introduce new guidelines on the listing and delisting of digital assets by venture capital entities.