Stablecoin issuer Paxos briefly sent shockwaves through the crypto world on Wednesday after it accidentally minted $300 trillion worth of PayPal USD (PYUSD) on the Ethereum blockchain. According to on-chain…
Two brothers from the Massachusetts Institute of Technology are standing trial in Manhattan federal court this week, accused of pulling off a $25 million cryptocurrency theft. According to a report…
The Department of Justice (DOJ) today announced a civil forfeiture action against Chen Zhi, the founder and chairman of the Prince Holding Group, for approximately $15 billion in Bitcoin, currently…
Liquidated In Crypto SelloffBinance announced that it will add another $300 million in stablecoins as extra compensation to customers who were forced into liquidations during the recent crypto crash that…
Sam Bankman-Fried, or SBF, the convicted founder of the fallen crypto exchange FTX, has claimed the Biden administration targeted him as he shifted his political donations to the Republican Party,…
Binance, the world’s largest exchange by asset value, is facing a record $21.75 billion outflow over the past seven days. This sudden drop in exchange balance came after the U.S.…
The U.S. government has transferred $75 million worth of Bitcoin (BTC) to a new wallet. The transaction involved 667.6 BTC sent to an address having no history of activity. Even…
Kenya’s parliament approved a crypto regulation bill awaiting President Ruto’s signature to become law. The Central Bank will license stablecoin issuers, while the Capital Markets Authority will regulate exchanges. The…
California Governor Gavin Newsom signed Senate Bill No. 822, making it the first U.S. state to protect unclaimed crypto from being automatically sold off. The new law ensures that digital…
Bhutan is migrating its self-sovereign national ID system from Polygon to Ethereum. This move will allow nearly 800,000 Bhutanese citizens to verify their identities and access government services using Ethereum’s…
