Crypto

OKX, a major cryptocurrency exchange, recently announced that it would be discontinuing its centralized cryptocurrency trading services for residents of Hong Kong effective May 31, 2024. This decision came as a result of the exchange withdrawing its virtual asset service provider (VASP) license application. While OKX cited “careful consideration” of its business strategy as the
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A recent case involving a Taiwanese national charged with running Incognito Market, a darknet drug bazaar, has brought to light the seedy underbelly of illegal online drug sales. The accused, operating under the pseudonym “Pharoah,” allegedly oversaw a platform that transacted over $100 million in cryptocurrency, primarily through selling dangerous substances like fentanyl. Rui-Siang Lin,
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The world recently bid farewell to a beloved icon of internet culture, Kabosu, the Shiba Inu who captured the hearts of millions as the face of the “Doge” meme. With her iconic expression and humorous captions, Kabosu symbolized the whimsical and endearing nature of the online world. Her owner, Japanese kindergarten teacher Atsuko Sato, announced
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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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