US senator pushes tech companies to label AI-generated content

US senator pushes tech companies to label AI-generated content

United States Senator Michael Bennet has urged tech companies to label AI-generated content and monitor any misleading content produced by artificial intelligence (AI).  In a June 29 letter sent to executives of major…

Big Bitcoin Options Expiry Could Lead to Market Volatility

Big Bitcoin Options Expiry Could Lead to Market Volatility

A huge number of Bitcoin options are set to expire today, marking the largest mass expiry for months. Derivatives trading fever has been ramped up recently in light of multiple ETF filings, but…

Crypto debanking could drive industry underground: Australia Treasury

Crypto debanking could drive industry underground: Australia Treasury

The growing trend of cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry less transparent, according to the state. Australia’s Treasury on 28 June published an official…

Insider Trading on New Token Listings Still a Crypto Industry Issue

Insider Trading on New Token Listings Still a Crypto Industry Issue

Recent research from Solidus Labs has revealed that insider trading in crypto is far more prevalent than previously reported. The study examined crypto assets listed on major platforms and exchanges, showing how serial…

Nevada financial regulator petitions court to place Prime Trust into receivership

Nevada financial regulator petitions court to place Prime Trust into receivership

Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by petitioning for the appointment of a receiver. In a June 26…

China Crypto Control Could Be Facilitated by US Crackdown

China Crypto Control Could Be Facilitated by US Crackdown

America’s crackdown on the crypto industry is music to the ears of Asian nations looking to embrace digital finance. China now has multiple avenues to become dominant in the space despite its overall…

Australian banks claim 40% of scams ‘touch’ crypto as it defends restrictions

Australian banks claim 40% of scams ‘touch’ crypto as it defends restrictions

Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against scams that “touch” crypto. During a panel at the Australian Blockchain Week…

Bitcoin Whales in Decline Since 2021 Bull Market: Glassnode

Bitcoin Whales in Decline Since 2021 Bull Market: Glassnode

The number of whale wallets holding large amounts of Bitcoin is declining. This is a good thing, as asset distribution to smaller wallets increases decentralization properties and reduces the risk of market manipulation…

Binance eyes United Arab Emirates as ‘focal point’ for future operations

Binance eyes United Arab Emirates as ‘focal point’ for future operations

The United Arab Emirates is becoming the next big focus for Binance in the wake of a slew of enforcement actions in the United States against the crypto exchange. Speaking to Cointelegraph, Binance…

Bitcoin Supply Dormancy Continues to Increase Despite Prices

Bitcoin Supply Dormancy Continues to Increase Despite Prices

The amount of Bitcoin supply that remains dormant is increasing as investors remain reluctant to sell. This comes despite BTC prices tapping a new 2023 high over the weekend. Every day, new record…

4K SIM swap hacker PlugwalkJoe sentenced to 5 years in prison

$794K SIM swap hacker PlugwalkJoe sentenced to 5 years in prison

British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in a United States prison for his role in stealing $794,000 worth of cryptocurrency via a SIM swap…

Hong Kong Crypto Hub a Benefit of “One Country, Two Systems”

Hong Kong Crypto Hub a Benefit of “One Country, Two Systems”

As Hong Kong continues its efforts to become a leading global hub for virtual asset services, regulators have acknowledged that crypto trading plays a crucial role. Opportunities in the space are being debated…

Mainstream media challenge decision to protect FTX customers: Report

Mainstream media challenge decision to protect FTX customers: Report

The four major media outlets advocating to release FTX customer names have opposed the decision to seal them. Meanwhile, a crypto lawyer told Cointelegraph that “there is clear evidence” of potential harm if…

What Is the Impact of Twitter Bots on Crypto Marketing?

What Is the Impact of Twitter Bots on Crypto Marketing?

Social media is undeniably integral to the promotion and success of cryptocurrencies. One proven instrumental platform is Twitter. Still, amid all its utility lurks a darker truth – the presence of Twitter bots…

Binance.US solves USD withdrawal issues but warns it won’t last long

Binance.US solves USD withdrawal issues but warns it won’t last long

United States crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last. The reportedly independent subsidiary…

Crypto Prospects in Asia Will Only Benefit From US Crackdown

Crypto Prospects in Asia Will Only Benefit From US Crackdown

Not a week goes by without another American fintech firm going bankrupt or being hit with a lawsuit from regulators. The largest beneficiary of this unrelenting crypto crackdown is likely to be Asia….

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