Hong Kong Halts Worldcoin Activities In a recent development, Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has served an enforcement notice to Worldcoin, a crypto project co-founded by OpenAI’s CEO Sam Altman, demanding the cessation of … Continue reading Hong Kong’s Office of the Privacy Commissioner for Personal Data Serves Enforcement Notice to Worldcoin

With Bitcoin’s meteoric rise and the increasing interest from Wall Street, the US crypto industry braces for an impending vote in Washington that could fundamentally reshape the regulatory landscape. The Financial Innovation and Technology for the 21st Century Act (Fit21) … Continue reading The Future of US Crypto Hangs in the Balance: The Fit21 Dilemma

In a recent shocking revelation in Hong Kong’s crypto landscape, a scam involving “hell banknotes” has resulted in the apprehension of three individuals from a crypto exchange shop in Tsim Sha Tsui. This disconcerting incident has brought to light the … Continue reading Beware Of ‘Hell Money’: Uncovering the Hong Kong Crypto Scam

American billionaire Mark Cuban has criticized Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), for the agency’s aggressive regulatory stance toward the crypto industry. The renowned television personality and crypto advocate has also underscored the necessity of … Continue reading Mark Cuban Criticizes SEC Chairman Gensler’s Regulatory Approach Towards Crypto Industry

Sam Bankman-Fried’s meteoric rise in the cryptocurrency world reached its zenith with the founding of the revolutionary FTX exchange. However, the subsequent cascade of events has painted a starkly different portrait of the former wunderkind. Convicted of orchestrating a multi-billion … Continue reading The Unfolding Saga of Sam Bankman-Fried: From Crypto Royalty to Incarceration

The US Securities and Exchange Commission (SEC) has taken a firm stance against Coinbase’s recent request for novel regulatory frameworks to govern cryptocurrency operations. The filing of a countermotion on May 10 by the SEC attests to the regulator’s resistance … Continue reading SEC Counters Coinbase’s Rulemaking Petition for Crypto Industry

The United States Department of Justice (DOJ) has recently granted a three-year monitorship of Binance to consulting firm Forensic Risk Alliance (FRA), as part of the exchange’s plea deal with the Justice Department related to money laundering violations. Binance, in … Continue reading Binance Faces New Compliance Challenges: DOJ Appoints FRA as Monitor

Nigeria has recently come forward to refute bribery allegations made by Binance, the world’s largest cryptocurrency exchange, dismissing them as a calculated ploy to divert attention from the exchange’s activities. The response from the Nigerian government follows assertions by Binance’s … Continue reading Nigeria Denies Binance’s Bribery Allegations, Labels Them as Diversionary Tactic

Binance CEO Richard Teng has recently drawn attention to what he deems as an abuse of power by Nigerian authorities and the mistreatment of crypto exchange executives, particularly the still-detained Tigran Gambaryan. Addressing the implications of this contentious relationship between … Continue reading Binance CEO Denounces Nigerian Officials For Alleged Secret Crypto Settlement Proposal

Genesis Digital Assets Limited (GDA), a prominent figure in the global Bitcoin mining arena, has forged a strategic alliance with YPF Luz, a subsidiary of Argentina’s state-owned energy company YPF. Together, the two entities have inaugurated a groundbreaking Bitcoin mining … Continue reading Argentina’s Innovative Approach to Bitcoin Mining Utilizing Stranded Gas Resources