A North Carolina man has been indicted for allegedly laundering more than $380,000 in a wire fraud scheme, according to the Department of Justice. The suspect is accused of moving illicit funds through payment platforms and cryptocurrency exchanges, transferring over $240,000 to crypto addresses. The money laundering conspiracy charge could result in a 20-year prison […]
Penn Engineering researchers said they created an algorithm that bypassed normal safety protocols stopping AI-powered robots from performing harmful actions.
World, formerly Worldcoin, says its World Chain will privilege verified human users over bots by giving them priority access to block space and an allowance of free gas.
The Kenyan Revenue Authority (KRA) is tightening its grip on cryptocurrency by proposing a real-time tax system integrated with exchanges. This system would track all crypto transactions, capturing details like time and value for tax collection purposes. Beyond real-time taxation, Kenya is considering AI and machine learning to combat tax evasion. These technologies would improve […]
PRESS RELEASE. Solcex, a popular centralized crypto exchange, has recently gained significant traction due to its impressive efforts to enhance the experience of crypto enthusiasts through its platform. The introduction of exciting new features, strategic partnerships, and anticipation of upcoming developments drive the surge in popularity. As a result of these advancements, the project has […]
Praxis, an organization devoted to developing the first network state, has raised $525 million to finance the construction of its first city. The funding will streamline the construction of Praxis’ vision of a network state, a group of individuals with coordinated values settled in a metropolis. Praxis Announces $525 Million Financing to Build a Network […]
BitMEX co-founder Arthur Hayes predicts Bitcoin’s price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over.
The CFTC says a federal court judge “mistakenly erred” when it allowed betting market Kalshi to list event contracts for the 2024 US elections.
Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into […]
One in seven, or 16%, of respondents in a survey by The Digital Chamber said they’d vote for the most pro-crypto candidate.
Cryptocurrency is increasingly integrated into the mainstream as North America continues to lead the global crypto market, receiving $1.3 trillion in onchain value between July 2023 and June 2024, according to Chainalysis. Institutional giants like Goldman Sachs and Blackrock are now taking serious positions in the crypto space, with U.S. bitcoin exchange-traded products (ETPs) driving […]
Nearly a third of Tron’s record $151 million quarterly revenue came from its new memecoin launchpad SunPump over a two week period.
