News with the tag "Follow-up"

Although Bybit CEO Ben Zhou says 88% of stolen crypto is still traceable, the recent Bybit hack has been linked to an unprecedented money laundering operation. Is money laundering via crypto on the rise? Let’s break it down. BlackRock’s Larry Fink famously called crypto an “index of money laundering...

On Mar. 18, 2025, Reuters reported that various crypto companies seek to become state or national banks, which they see as an avenue for expanding their businesses under the Trump Administration. What can change for crypto companies once they become banks? Don’t they already serve as banks? Aren’t b...

After nearly nine hours of mounting criticism, Solana pulled an ad that featured a therapy session ridiculing pronoun discussions, sparking debate over its messaging. Intentionally or not, the Solana Foundation found itself at the center of controversy after posting — and then quickly deleting — an ...

On Mar. 9, 2025, it was revealed that Mark Carney will replace Justin Trudeau as the Liberal Party’s leader and Prime Minister of Canada. Is this a victory for the Canadian crypto community? Table of Contents Who is Mark Carney Carney’s stance on crypto in the past years What does Carney think of cr...

A judge denied Musk’s request to halt OpenAI’s business transition but granted a fast-tracked trial for next year, keeping the lawsuit’s claims against the company in play. Table of Contents Musk fires again Legal dispute highlights broader questions OpenAI bets big on premium AI agents Musk fires a...

On Mar. 4, the U.S. Senate released the Congressional Review Act to rescind a Biden-era regulation commonly known as the Broker DeFi Rule. This rule required decentralized finance platforms to share user data with the Internal Revenue Service. The CRA is set to cancel Gross Proceeds Reporting by Bro...

Binance founder’s attempt to clarify his stance on Ronaldinho’s token backfires, as crypto traders slam him for even mentioning the controversial token. What was supposed to be a simple “disclaimer” has sparked a full-blown controversy, with Binance founder Changpeng Zhao now in the hot water over a...

Bitcoin and Ethereum are set for their worst February in years, though analysts think the bull market isn’t over. Bitcoin ( BTC ) and Ethereum ( ETH ) are set to wrap up a rough month, with BTC dropping over 7.8% to $86,774.59 and ETH plunging 9.47% to $2,403. Should both close the month at current ...

The European Union has targeted Russia’s largest sanctioned crypto exchange, though analysts note it has operated successfully under sanctions for years. On Monday, Feb. 24, the European Council introduced the 16th sanctions package, adding Russian cryptocurrency exchange Garantex to the list as it’...

Following Trump’s watershed speech at the Nashville Bitcoin conference in July 2024, Sen. Cynthia Lummis introduced her Bitcoin reserve bill, explicitly articulating that it is aimed to reduce U.S. debt. The new VanEck research reveals that if the act is adopted, Bitcoin may offset 18% of the nation...