The bill would implement daily withdrawals for crypto users in the state A North Dakota lawmaker has introduced a bill aimed at regulating cryptocurrency ATMs to enhance consumer protection and combat scams. House Bill 1447, presented on January 15, proposes several restrictions, including a daily withdrawal limit of $1,000 and a fee cap of $5
Tag: Cryptocurrency
Trump Gives Silk Road Creator Ross Ulbricht, Fulfilling Earlier Promise
The move comes after Trump called Ulbricht’s lengthy prison term ‘ridiculous’ President Donald Trump has granted a full pardon to Ross Ulbricht, the creator of the Silk Road darknet marketplace, fulfilling a promise made during his campaign. Many people who have been aware of the issue seem to agree with this recent move by the
Exploit Reportedly Puts Around 14,545 Tron Crypto Wallets At Risk Of Theft
The exploit was only recently uncovered, but could have a major impact on holdings A recently uncovered exploit has placed approximately 14,545 Tron cryptocurrency wallets at risk, threatening millions in digital assets. The vulnerability is tied to the UpdateAccountPermission transaction, which was intended to improve account security but has been manipulated by attackers to gain
Suspicious Trading Activity Emerges Around President-elect Trump’s Memecoin
The TRUMP memecoin is facing scrutiny ahead of Donald Trump’s swearing-in ceremony Concerns have emerged over unusual trading patterns surrounding the recently launched Official Trump (TRUMP) memecoin, a Solana-based cryptocurrency linked to President-elect Donald Trump. The token’s market cap has skyrocketed to $42 billion, drawing massive attention from retail investors, but onchain activity has raised
After Swearing-in, POTUS Trump Will Reportedly Make Crypto Regs A Priority
Bloomberg expects the new President to enhance cryptocurrency oversight Donald Trump, set to re-enter the White House on January 20, is reportedly planning to prioritize cryptocurrency regulation on his first day back in office. According to Bloomberg, Trump may sign an executive order that would establish crypto as a national priority. This initiative could direct
US Government Ready To Return Fund Forfeited From The 2016 Bitfinex Hack
The decision could mean a massive injection of funds for the exchange and some users The US government has initiated steps to return a significant portion of cryptocurrency linked to the infamous 2016 Bitfinex hack. Many customers who lost large amounts of money could benefit from this move. A recent legal motion filed on January
US Rep. And Crypto Supporter Tom Emmer Tapped To Lead House Digital Assets Committee
The move could help advance cryptocurrency policies on the federal level US Representative Tom Emmer has been named vice chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The Minnesota Republican, a vocal advocate for cryptocurrencies, takes on this role as part of a broader effort by lawmakers to address the
Binance Class-Action Lawsuit To Move Forward Following Supreme Court Denial
The Supreme Court refused to hear Binance’s arguments for dismissal The US Supreme Court has rejected an appeal from Binance and its founder, Changpeng “CZ” Zhao, allowing a class-action lawsuit against the cryptocurrency exchange to move forward. The lawsuit, originally filed in 2020 by investor Chase Williams, accuses Binance of selling unregistered securities and operating
Mango Markets To Shut Down Following Battle With The SEC
The decentralized exchange was found to be offering illegal securities Mango Markets, a Solana-based decentralized exchange, has announced it will shut down operations following a prolonged legal battle with the US Securities and Exchange Commission (SEC). Users have been advised to close their positions, with governance-approved changes to the platform set to take effect soon,
Coinbase Could Turn Over User Data In Polymarket CFTC Suit
The CFTC has issued a subpoena to the cryptocurrency company to obtain sensitive information Coinbase may be compelled to provide user data in connection with a Commodity Futures Trading Commission (CFTC) investigation into Polymarket, a blockchain-based prediction platform. The CFTC has reportedly issued a subpoena to Coinbase requesting general customer information linked to Polymarket. This
Oklahoma Senator Introduces Bill To Allow Wages To Be Paid Via Cryptocurrency
The Bitcoin Freedom Act has a long way to go if it’s to be approved Oklahoma Senator Dusty Deevers has introduced a new bill aimed at allowing employees and residents in the state to receive wages in Bitcoin. Known as the Bitcoin Freedom Act, the legislation provides a framework for businesses and individuals to use
Court Orders Crypto User To Hand Over Wallets And Keys In Tax Fraud Case
The case marks the first time a crypto investor has to turn over his wallet keys A Texas Bitcoin investor has been ordered by a federal court to turn over his cryptocurrency wallets and access codes after being convicted of tax fraud. The authorities in charge of these cases have had zero compassion and work