The securities watchdog continues to review policies that have hindered crypto growth The US Securities and Exchange Commission (SEC) may be preparing to roll back a proposed rule that would have imposed stricter custody requirements on cryptocurrency held by investment advisers. Acting SEC Chair Mark Uyeda indicated that the rule, introduced in early 2023 under
Many reports are surfacing of fraudulent emails that trick users into creating new wallets Scammers are ramping up efforts to deceive cryptocurrency users by impersonating major exchanges like Coinbase and Gemini. Reports of fraudulent emails have surfaced, tricking users into setting up wallets with pre-generated recovery phrases that allow attackers to take full control of
Rowland Marcus Andrade also faces a civil case by the SEC The founder of AML Bitcoin, a cryptocurrency exchange marketed as a platform with strong anti-money laundering protections, has been convicted of wire fraud and money laundering in a California federal court. Rowland Marcus Andrade was found guilty on March 12 in the US District
Several crypto execs confirm they’ve been recent targets of the scam North Korean hackers are reportedly using fake Zoom meetings as a new tactic to infiltrate cryptocurrency companies and steal sensitive data. At least three crypto founders have identified and stopped recent attempts by scammers posing as potential business partners. The method, which has already
The miner earned $263,000 with a relatively simple Bitaxe mining machine A solo Bitcoin miner has recently achieved a remarkable feat by using a basic mining rig to capture a full mining reward worth $263,000. This miner, who used a small, affordable 480-gigahash per second (GH/s) Bitaxe machine, solved a block in the blockchain and
The casino operator is the first to bring cryptocurrency to US land-based gambling Choctaw Casinos & Resorts has taken a significant step in modernizing its payment options by allowing cryptocurrency transactions through a partnership with Bitline. This move makes it possible for patrons to convert digital assets into casino chips and withdraw winnings using crypto,
The move is seen by some as a possible pilot program for further government action The US Department of Housing and Urban Development (HUD) is reportedly exploring the potential use of blockchain technology and stablecoins for tracking grants and making payments. While the idea is still in its early stages, discussions within the agency suggest
The state is one of several that are interested in maintaining cryptocurrency reserves Yesterday, as President Trump was signing a federal cryptocurrency reserve bill, Texas lawmakers advanced a bill aimed at establishing a strategic reserve for Bitcoin, further cementing the state’s position as a key player in the digital currency space. The bill, SB-21, was
Commerce Secretary Howard Lutnick expects the government to advance crypto support The US government is considering establishing a strategic Bitcoin reserve, with Commerce Secretary Howard Lutnick confirming that plans will be unveiled at the upcoming White House Crypto Summit tomorrow. The proposal, led by the Trump administration, aims to give Bitcoin a central role in
Alexis Ohanian is now part of Project Liberty, although suggests a twist to how TikTok would operate Alexis Ohanian, co-founder of Reddit, has confirmed his involvement in a bid to acquire TikTok’s US operations. He has joined Project Liberty, a group led by businessman Frank McCourt, with the goal of integrating blockchain technology into the
House representatives strive to give better stability to cryptocurrencies A new initiative called the “Congressional Crypto Caucus” has been introduced by US Representatives Ritchie Torres and Tom Emmer. The goal of the caucus is to advance crypto-friendly policies in the House of Representatives. Torres shared the announcement on his X account yesterday. The caucus is
The government has clawed back millions in stolen crypto that it’s now returning to victims US authorities are taking action to return $8.2 million in cryptocurrency to victims of a fraudulent investment scheme that tricked individuals into transferring funds. The scam, which involved sending deceptive messages to unsuspecting people, convinced victims to invest in what
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