India Welcomes Global Guidelines to Regulate Crypto and Artificial Intelligence (AI)
Michael ScottIn a recent disclosure, India's prime minister welcomed the global regulation of AI and crypto. Narendra Modi's pronouncement coincides with…
SEC Faces Tough Questions: Bill Hinman’s Testimony Sparks Debate
Tom BlitzerKey Insights: Hinman's take on the Howey test challenges traditional regulatory norms, raising eyebrows. Potential conflicts arise with Hinman's crypto…
Oman Tightens Crypto Embrace Amid Questions on Sharia Compliant
The Sultanate of Oman confirmed undertaking a multi-million investment at a time when Muslim scholars question whether crypto is compliant.…
Prime Trust Filing Discloses a Series of Failures That Caused Firm to File for Bankruptcy
James DavisA document submitted by fallen crypto custodial company Prime Trust on Friday revealed the reasons that fueled bankruptcy filing. In…
IRS Unveils Reporting Guidelines for Digital Asset Brokers
The Internal Revenue Service (IRS) introduced proposed regulations to guide brokers in reporting the sale and exchange of digital assets.…
FTX and BlockFi Suffer Third-Party Breach Exposes User Data
A recent announcement by FTX revealed a third-party breach that also affected the bankrupt crypto lender BlockFi. The incident affected…
BitMEX Founder Faults Federal Reserve Fight Against Inflation Benefitting Bitcoin
The move by the Federal Reserve to deploy quantitative tightening in fighting inflation is yielding little gain. BitMEX co-founder Arthur…
Coin Center Decries Indictment of Tonardo Cash Developers
Peter Van Valkenburg, Coin Center research director, claimed that Tornado Cash, a crypto mixer, is not a money transmitter but…
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Cryptocurrencies Can Increase Financial Risk In Developing Economies – BIS Report
George WardAccording to a recent report by the Bank for International Settlements (BIS), cryptocurrencies like Bitcoin (BTC) have yet to achieve…
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CoinShares Blames Stalled ETF Decision by SEC for Bitcoin Selloff
CoinShares, in its weekly review of Bitcoin activity, decries that continued stalling in the exchange-traded fund (ETF) triggered the mass…
Court Denies Sam Bankman-Fried’s Request for Weekday Release
Key Insights: Court denies Sam Bankman-Fried's weekday bail request, approves restricted meeting with lawyers. Prosecutors' concessions were criticized as inadequate;…
Gemini Petitions for SEC’s Case Dismissal, Alleging Failure to State Claim
Attorneys representing Gemini have petitioned the court to dismiss a case lodged by the US Securities and Exchange Commission (SEC).…
UN Study Downplays Artificial Intelligence Potential to Abolish Jobs
A study by the International Labor Organization claims that artificial intelligence will more likely supplement jobs instead of destroying them.…
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Hot Crypto Stories on X – Arkham Uncovers Donald Trump’s $2.8M Crypto Holdings
Over the last seven days, major crypto assets have seen their prices collapse massively. The sudden sell-off is attributed to…