Drake-backed gambling startup Stake faces legal hurdles in Australia
Stake’s expansion plans are marred by a legal showdown. An Australian share trading platform of the same name…
Harbor protocol falls victim to attack, funds go missing
Cosmos network stablecoin project Harbor confirmed Saturday, Aug. 19, that its security has been breached, resulting in exploitation.…
Former FTX exec Salame not willing to testify against SBF
Sam Bankman-Fried’s criminal prosecution for alleged unlawful campaign donations won’t include testimony from former FTX co-CEO Ryan Salame.…
Former SEC official: Bitcoin ETF approval won’t happen any time soon
John Reed Stark, founder and chief of the Office of Internet Enforcement at the U.S. Securities and Exchange…
Reddit Collectible Avatars minting volume hits 20m
Despite the general market for non-fungible tokens (NFTs) slowing down in recent weeks, Reddit’s Collectible Avatars on the…
Brazil to tax crypto held abroad by citizens
The Brazilian Congress is pushing forward legislation allowing for the taxation of crypto assets held abroad by citizens…
Senator Lummis shows support for Coinbase against SEC
Senator Cynthia Lummis of Wyoming filed a brief supporting Coinbase’s request to dismiss a case against it by…
CFTC charges individuals with crypto fraud
The CFTC estimates that up to 14,000 people were duped.
Argentina criminalizes peso burning amid growing crypto use
Argentina has outlawed the burning or tearing of the country’s fiat currency, the peso, in Buenos Aires soccer…
USDC issuer creates $1 billion cash buffer days after PayPal’s entry
Circle is strengthening its position with a $1 billion cash buffer to counteract challenges posed by dominant non-crypto…