Maelstrom awards Bitcoin privacy tool Payjoin $100K Bitcoin developer Ben Allen has been awarded a $100,000 grant from investment firm Maelstrom to further develop Payjoin, a privacy-enhancing transaction method that also promises improvements in Bitcoin’s scalability. The... Nazia Saeed — 2 months ago
South Korea’s presidential frontrunner proposes won-pegged stablecoin to curb capital outflows Lee Jae-myung, the presidential candidate and leader of South Korea’s Democratic Party, has proposed the creation of a stablecoin backed by the Korean won, a move aimed at halting capital... Nazia Saeed — 2 months ago
Genesis sues DCG and Barry Silbert to recover $3.3 billion in alleged fraud scheme Crypto lender Genesis has filed two lawsuits seeking more than $3.3 billion from its parent company, Digital Currency Group (DCG), and CEO Barry Silbert. The complaints allege widespread fraud, insider... Nazia Saeed — 2 months ago
KuCoin Pay enables crypto-payments in collaboration with AEON KuCoin customers can now use leading cryptocurrencies such as USDT, USDC, ETH, TON, and BNB to pay for their everyday expenses. KuCoin has collaborated with AEON to introduce a feature... Stacy Pereira — 2 months ago
Bybit execs act fast after Apple KYC glitch jeopardizes $100K A glitch affecting Apple ID-based KYC halted a user’s access to $100,000 until a crypto influencer got Bybit’s executive team involved for a swift resolution. Cryptocurrency exchange Bybit confirmed that... Nazia Saeed — 2 months ago
Dubai regulator revises rulebooks, gives firms a deadline to comply Dubai’s VARA has boosted oversight across multiple virtual asset activities, standardizing key terms and aligning risk management rules to reduce ambiguity and ease compliance for VASPs. Dubai’s crypto regulator has... Nazia Saeed — 2 months ago
Buterin introduces partially stateless nodes for scalable Ethereum Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales. On May 19, Buterin shared a post outlining how to make... Nazia Saeed — 2 months ago
Blum co-founder Vladimir Smerkis arrested in Russia on fraud allegations Russia has reportedly arrested Vladimir Smerkis, the co-founder of the Telegram-based crypto project Blum, on charges related to large-scale fraud. According to Russian state news agency TASS, Smerkis is currently... Nazia Saeed — 2 months ago
Coinbase hit with class-action lawsuit over biometric privacy violations in Illinois Coinbase is facing a class-action lawsuit from a group of Illinois users who allege the crypto exchange violated the state's biometric privacy laws by failing to inform them about the... Nazia Saeed — 2 months ago
Al Abraaj becomes first Middle East firm to hold Bitcoin in treasury In a ground-breaking move that sets a regional precedent, Al Abraaj Restaurants Group B.S.C. (Ticker: ABRAAJ) has officially become the first publicly traded company in the Middle East to adopt... Nazia Saeed — 2 months ago
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