Banking
BNY Mellon’s crypto custody venture runs afoul of SEC rules
The SEC's accounting rules pose a challenge to BNY Mellon's crypto custody business.
Samuel Wan Recent Articles
Legal
UK High Court rules in favor of Craig Wright, awarding £1 in defamation damages
Judge Chamberlain ruled Craig Wright had suffered damage to his reputation caused by Peter McCormack, however, falsified evidence from the Claimant led to the award of nominal damages.
Memecoins
Is mysterious Shiba Inu founder Ryoshi behind new project Dejitaru Tsuka?
Similarities between the genesis of Shiba Inu and Dejitaru Tsuka have some speculating Ryoshi is back.
Mining
Bitcoin mining — What are the true climate change risks?
Bitcoin mining is coming under increasing fire for ecological reasons, however, data shows its environmental impact is less than that of the gold and banking sectors.
Technology
Cardano developers announce second delay to Vasil hard fork
Input Output say the discovery of unforeseen bugs has delayed Cardano's Vasil upgrade release as developers need more time.
Adoption
El Salvador says Bitcoin bet working but needs more time to bear fruit
Finance Minister Alejandro Zelaya argued that El Salvador's Bitcoin (BTC) experiment is on track, and people should not expect results overnight.
Memecoins
You can now inflict “9999 emotional damage” on Dogecoin fudsters using Dogepedia
The Dogecoin Foundation launched a new resource in the fight against FUD, calling for community input to improve it.
Regulation
IMF warns of more crypto pain ahead, including stablecoin failures
IMF Director Tobias Adrian warned crypto investors that macroeconomic factors are expected to put pressure on digital assets, particularly stablecoins.
People
Crypto industry heavyweights clash over intellectual honesty of Bitcoin maximalism
Cory Klippsten bashed blockchain technology leading to a counter response from Charles Hoskinson. The spat rehashed debate on Bitcoin maximalism with Max Keiser, among others, weighing in on the matter.
Exchanges
Okcoin warn of ‘elder fraud’ following recovery of $1M in stolen crypto
Scammers who preyed on the elderly were stopped by the coordinated efforts of centralized exchanges.
Taxes
US Senators propose bill to exempt crypto transactions under $50 from taxation
Senators Toomey and Sinema want to make cryptocurrency transactions more integral with the lives of everyday Americans by exempting qualifying payments from capital gains tax.
Investments
Crypto winter has not dulled VC investment appetite
Capital is available and being deployed for investment in crypto companies, but some VCs are holding for better deals expected around September time.
Exchanges
Binance launches legal action against Bloomberg over ‘defamatory statements’ against CZ
The media outlet is accused of publishing unsubstantiated claims and damaging the reputation of Binance and its founder.
