Crypto

In a recent unanimous decision, the U.S. Supreme Court ruled against Coinbase Inc. in an arbitration dispute arising from the cryptocurrency exchange’s 2021 Dogecoin sweepstakes. The ruling clarified the importance of determining which legal agreement takes precedence when parties are governed by multiple contracts. This decision sheds light on the complexity of arbitration agreements and
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The recent decision by the United States House of Representatives to prohibit the Federal Reserve from directly issuing a Central Bank Digital Currency (CBDC) has stirred up significant debate within the crypto community. This move has been viewed as a victory for supporters of decentralized currencies like Bitcoin, who prioritize privacy, individual sovereignty, and free
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The recent announcement by the Trump campaign to start accepting cryptocurrency donations has set a groundbreaking precedent in the realm of presidential campaigns. This move aligns with Trump’s larger agenda of prioritizing freedom over government control, as stated by the campaign. By allowing supporters to donate using various cryptocurrencies through Coinbase Commerce, the campaign aims
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Polimec, a revolutionary decentralized funding protocol, has recently made its official debut on the Polkadot platform. This platform, designed to transform the way Web3 projects raise capital and issue tokens, aims to create a transparent and regulatory-compliant environment for investors and startups globally. One of the standout features of Polimec is its focus on community-driven
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As we look ahead to the economic week, all eyes are on the Federal Reserve meeting minutes and the big earnings report from semiconductor giant Nvidia. These pivotal events will provide valuable insights into the future economic landscape and market trends. Last week, the U.S. Dow Jones Industrial Average (DJIA) surpassed the 40,000 mark for
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Bitcoin’s price has been experiencing fluctuations in the past 24 hours, dropping below $67,000 on multiple occasions. Despite these corrections, the cryptocurrency has reacted positively and currently hovers around the $67,000 mark. Last week, Bitcoin faced a decline to just over $61,000 due to some issues with Coinbase, but quickly rebounded and initiated a significant
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Recent reports have shed light on the increasing threat posed by North Korean cybercriminals, particularly the Lazarus Group. This notorious group has been responsible for stealing millions of dollars’ worth of cryptocurrency from various exchanges, with the stolen funds ultimately being funneled back to North Korea using sanctioned crypto mixers. The United Nations Security Council
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Ontario’s cryptocurrency scene was rocked by the arrest of Aiden Pleterski, known as the ‘Crypto King,’ on charges of fraud and money laundering. Along with his associate, Colin Murphy, Pleterski allegedly embezzled a staggering $30 million from unsuspecting victims. The charges were brought forth after a lengthy 16-month investigation dubbed ‘Project Swan’ by Canadian authorities.
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Recently, two siblings who graduated from the Massachusetts Institute of Technology (MIT) have been accused of exploiting a vulnerability in the Ethereum blockchain. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are facing serious allegations of fraud and money laundering after reportedly swindling $25 million within a mere 12 seconds. This cyber heist has been labeled
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