The wallet service provider was subjected to a more than $100 million hack in 2023.
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Stay up to date with the latest news. Read the latest blockchain news regarding regulations, AML, hacks, scams and general tips.
Telegram founder Pavel Durov questioned in Paris court for first time: Report
Durov said that he “trusts the French justice” system but refused to elaborate on the legal proceedings.
FSOC warns stablecoins remain a 'potential risk' to financial stability
In its 2024 annual report, the FSOC said that stablecoins are “acutely vulnerable to runs absent appropriate risk management standards.”
Czech gov’t moves to exempt crypto held for 3+ years from being taxed
The prime minister said Czech residents would not have to report crypto transactions under $4,200 per year or pay taxes for selling digital assets held for more than three years.
Trump’s BTC reserve plan would be a ‘bad deal‘ — Ex-NY Fed president
Bill Dudley joined others in suggesting the only purpose of a US government Bitcoin reserve would be to reward Trump’s crypto supporters.
Trump’s new crypto czar called OpenAI a ‘piranha, for-profit company’
David Sacks’ professed views on OpenAI’s business restructuring seemingly align with Elon Musk’s.
FCA issues warning, bans Pump.fun in the UK
The United Kingdom’s financial watchdog has blocked Pump.fun following a warning that the firm is not authorized in the country.
FDIC asked banks to ‘pause’ crypto activities — Court docs
Coinbase chief legal officer Paul Grewal claimed the letters provided evidence that an alleged US government attempt to debank firms “wasn’t just some crypto conspiracy theory.”
Potential charges Hailey Welch could face if SEC probes HAWK launch
Crypto lawyers said Haliey Welch and her team could face charges following the launch of her memecoin, but only if the relevant authorities take an interest.
Hybrid crypto exchange GRVT secures Bermuda license
CeFi and DeFi ecosystems do not need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said.