The CBDC State Act, designated as bill 5403, proposes amendments to the Federal Reserve Act, aiming to impose restrictions on the Federal Reserve’s engagement with
Author: Shree Edwards
New York AG Secures $2 Billion Settlement with Genesis for Defrauded Investors
In a landmark decision, the New York Attorney General’s office has reached a $2 billion settlement with cryptocurrency firm Genesis to compensate investors defrauded through
U.S. DOJ Arrests Brothers for $25M Crypto Heist in Record Time
In a significant development, the U.S. Department of Justice (DOJ) has apprehended two brothers, Anton and James Pepaire-Bueno, for their alleged involvement in a lightning-fast
Polymarket Secures $70 Million Funding Amid Regulatory Hurdles
Polymarket, a prominent political betting platform, has successfully raised $70 million through two funding rounds, as reported by Bloomberg. The latest round, led by Founders
iFinex Joins Forces with El Salvador to Forge Robust Crypto Regulations, Cementing Bitcoin-Friendly Stance
El Salvador, the trailblazing proponent of cryptocurrency adoption, has taken a significant stride forward with a strategic collaboration between the government and iFinex, the parent
Robinhood’s Crypto Business Faces Regulatory Heat: SEC’s Wells Notice Sparks Market Concerns
Robinhood’s crypto venture finds itself at the center of regulatory scrutiny as the Securities and Exchange Commission (SEC) issues a Wells notice, signaling an imminent
MicroStrategy Unveils ‘MicroStrategy Orange’: A Bitcoin-Based Decentralized Identity Platform
MicroStrategy, the business intelligence firm led by executive chairman Michael Saylor, is venturing deeper into the realm of crypto with its latest innovation: ‘MicroStrategy Orange.’
A Deep Dive into the Crypto Clash: Proof of Work vs. Proof of Stake
In the ever-evolving landscape of crypto, the debate between Proof of Work (PoW) and Proof of Stake (PoS) consensus mechanisms continues to spark heated discussions
DOJ Charges Samourai Wallet Founders with Money Laundering in Crypto Mixer Case
The Department of Justice (DOJ) has made a significant move in the realm of crypto crime, announcing the arrest of the two founders of Samourai
Venezuela’s PDVSA Accelerates Crypto Adoption Amid Escalating U.S. Sanctions
In a strategic maneuver amidst escalating U.S. sanctions, Venezuela’s state-owned oil giant, Petróleos de Venezuela S.A. (PDVSA), unveils plans to intensify crypto utilization in its