Charles Hoskinson, the founder of Cardano and Midnight, has expressed strong concerns regarding the proposed Digital Asset Market CLARITY Act in the United States. He argues that the legislation, even if passed, could take over a decade to fully implement,…
Federal grand juries in the United States have issued indictments against 10 foreign nationals associated with cryptocurrency market makers, accusing them of engaging in “wash trading” to artificially inflate trading volumes and asset prices. The alleged scheme aimed to mislead…
The long-running Uniswap case is officially over at the district court level. And the message from the court is clear. Developers and venture backers cannot be held responsible for scam tokens created and traded by third parties on a decentralized…
class=”rounded-md aspect-video object-cover” src=”https://cdn.sanity.io/images/s3yucno/production/8d3663c5219edb6d36cf566d16f5db9618d61827-5184×3888.jpg?rect=0,307,5184,2916&w=1920&h=1080&auto=format” alt=”Chainalysis co-founder Jonathan Levin”> Chainalysis, a prominent blockchain analytics firm, is introducing AI agents to its platform. This move aims to simplify the process of conducting investigations into financial activities within the cryptocurrency space, lowering the…
Federal Reserve Governor Advocates for Strong Stablecoin Oversight Federal Reserve Governor Michael Barr has underscored the critical need for comprehensive oversight and reserve monitoring of stablecoins, citing historical precedents of private money systems lacking adequate safeguards. His remarks highlight ongoing…
Crypto never sleeps. And apparently, neither do AI agents with access to token treasuries. Today, Lobstar AI pulled off one of the wildest “oops” moments we’ve seen in a while. An AI agent accidentally sent 5.2% of the entire $LOBSTAR…
alt=”Department of Justice (Shutterstock)” src=”/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F8524e860085e53902a998b3545d3aa7e9f9192c9-1440×810.jpg%3Fauto%3Dformat&w=3840&q=75″ width=”1920″ height=”1080″> Federal prosecutors have charged Jonathan Spallegger, a 36-year-old resident of Rockville, Maryland, with computer fraud and money laundering in connection with a 2021 exploit that drained over $50 million from the decentralized exchange…
Regulatory Uncertainty Persists for Crypto Market Structure Bill Investment bank TD Cowen has expressed significant pessimism regarding the passage of the crypto market structure bill, colloquially known as the Clarity Act, this year. Jaret Seiberg, managing director at TD Cowen’s…
We have always liked Pudgy Penguins. Back in the NFT days, they were one of the collections we actually enjoyed trading. We flipped a decent amount of them, rode the waves, and of course got the $PUDGY airdrop in 2024.…
KuCoin Operator Permanently Barred from U.S. Market by Federal Court Order Peken Global Limited, the operator of the KuCoin cryptocurrency exchange, has been permanently prohibited from serving U.S. users on its platform unless it registers as a foreign exchange. This…