Category: Uncategorized

Pump.fun Video Feature Misused for Illegal Content

Pump.fun, a meme coin creation platform that has been a hub for Solana tokens in 2024, faced a severe challenge this week when its newly launched video feature was exploited to upload child sexual abuse material. The incident, confirmed by Pump.fun’s developers, has raised alarms about the moderation and safeguarding of such digital platforms. Exploitation […]

Nigerian Court Drops Charges, Frees Binance Executive

A Nigerian court has dropped charges and authorized the release of Tigran Gambaryan. A Binance executive who had been detained in the country since February. Gambaryan, the former head of financial crime compliance at Binance and an ex-IRS agent, was held for over eight months after traveling to Nigeria to negotiate the ban of several […]

Bitcoin ETFs Set New Record With Over $66 Billion in Assets

The twelve U.S.-based spot Bitcoin exchange-traded funds (ETFs) have reached a new milestone, logging their highest total net asset value since their launch in January. According to SoSoValue data, the combined value of Bitcoin held in these ETFs now exceeds $66.1 billion. Surpassing the previous record of $62.6 billion set in early June. This record-breaking […]

SEC Continues Pursuit of Solana in Binance Lawsuit

After a summer of speculation that the U.S. Securities and Exchange Commission (SEC) might ease its stance on certain altcoins like Solana (SOL), the financial regulator has reaffirmed its position, continuing to argue that the sale of SOL constitutes an illegal, unregistered security offering. This week, in an amended complaint against Binance, the SEC expanded […]

Kamala Harris Targets Black Male Crypto Investors

Seeking to strengthen her support among Black male voters, Kamala Harris, the Democratic Party’s presidential nominee, introduced an outreach agenda this week. Including a notable focus on cryptocurrency regulation aimed at protecting Black men who invest in digital assets. This marks Harris’ most direct stance on crypto regulation since taking over for Joe Biden in […]

Craig Wright’s New Legal Battle Over Bitcoin’s Vision

Craig Wright, the controversial figure who previously claimed to be Bitcoin’s creator, Satoshi Nakamoto, has launched a new legal battle. Wright is now claiming that Bitcoin developers have strayed from the original vision of Bitcoin, arguing that Bitcoin Satoshi’s Vision (BSV) is the real Bitcoin. He is seeking over $1.18 billion from the defendants for […]

FBI Arrests Man for Hacking SEC’s Twitter Account

The Federal Bureau of Investigation (FBI) announced Thursday that it has arrested a man in connection with hijacking the Twitter (now X) account of the Securities and Exchange Commission (SEC). And falsely tweeting that the agency had approved Bitcoin ETFs. The fraudulent tweet, posted in January, caused a brief spike in Bitcoin’s price before the […]

WazirX to Disclose 240,000 Wallets Amid Restructuring

In a significant move toward transparency, WazirX, one of India’s largest cryptocurrency exchanges, is set to disclose details of 240,000 wallet addresses and their respective balances in an affidavit filed with the High Court of Singapore. This disclosure is part of the exchange’s ongoing efforts to restructure its operations and repay users following a crippling […]