Hacks
North Korean hackers exploited shared cloud service to rob crypto firms
The affected crypto companies remain unidentified.
Mike Dalton 2 min read
North America Crypto News
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CBDCs
Op-ed: US banks launch 24/7 Instant Payments – does FedNow reduce risk of CBDCs?
FedNow promises instant transactions round the clock, stirring debates on the necessity for a digital dollar.
Bankruptcy
Bankrupt FTX sues Sam Bankman-Fried for $71M to recover ‘political capital’ payments
FTX stated that its former CEO, SBF, pursued the transactions for his benefit.
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Regulation
DeFi bill introduced in Senate would hold major investors responsible for illegal use
Two Democratic lawmakers have put forward a bill to hold primary investors in DeFi protocols accountable for illegal use of the platform.
Trading
Bitcoin sees $140M inflows as crypto investment products hit $2.3B weekly
Unveiling Bitcoin's dominance as investment inflows hit a four-week high
Politics
Presidential candidate RFK Jr. proposes backing US dollar with Bitcoin
Robert Kennedy said his government would exempt Bitcoin from capital gain taxes to incentivize ventures to build in the United States.
Regulation
Nevada court orders Prime Trust into temporary receivership
Former banking executive John Guedry has been selected to oversee the firm.
Regulation
Republican lawmakers are preparing a new crypto bill in wake of Ripple decision
Congressman Glenn Thompson said the Ripple ruling shows there is "confusion" in the industry about how securities laws apply to cryptocurrencies and that lawmakers need to step.
Regulation
US lawmaker urges SEC to rethink crypto regulation following landmark XRP ruling
Rep. Ritchie Torres stated that the SEC needed to focus its enforcement actions on the crypto industry's bad actors.
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Investments
Web3 projects see 78% drop in VC investments as crypto funding falls
Exchanges
Coinbase Earn still risks being labeled as security, warns Berenberg’s analyst
Regulation
Elizabeth Warren asks SEC to investigate Elon Musk’s dual roles at Twitter and Tesla
Regulation
