CFPB proposes crypto firms refund users for funds lost to hacks

According to data from WhaleStats, the 1,000 largest ETH wallets hold $2.35 billion worth of SHIB combined, representing around 9% of the total market cap. 411 Total views 16 Total shares New data suggests that Shiba Inu (SHIB) is the largest ERC-20 token holding amongst the top 1,000 Ethereum (ETH) whales.According to data compiled by…

Amid countries increasingly auctioning Bitcoin (BTC) seized in law enforcement actions, some jurisdictions are fighting for authorization to confiscate crypto.A state authority in Belarus wants lawmakers to authorize them to seize cryptocurrencies like Bitcoin from criminals. The Investigative Committee of the Republic of Belarus, a centralized system of state law enforcement agencies, is purportedly planning…

The asset still has no official distinction, however. On Aug. 20, Representative Tom Emmer (R-MN) held the first ever Cryptocurrency Town Hall, bringing together a number of leaders from the Blockchain space.Conducted in collaboration with the Chamber of Digital Commerce PAC, the event featured major crypto figures like Circle CEO Jeremy Allaire, Ripple CEO Brad…

Bitcoin (BTC) “isn't broken” if it’s holding at the current price and volatility levels, Fundstrat’s Tom Lee said to CNBC's "Fast Money" on August 6. In the interview, the Wall Street bull referred to the current indicators of Fundstrat’s recently launched Bitcoin Misery Index (BMI), which aims to inform investors of how “miserable” holders of…

A New York judge has ruled that the injunction barring Telegram from issuing its Gram tokens extends to all entities in the United State and overseas.On April 1, U.S. District Judge P. Kevin Castel, responded to the encrypted messaging firm’s request for clarification as to the scope of the court’s March 24 preliminary injunction. He…

The former CEO of AAX, Weigao Capital Liang Haoming, and the founder of AAX, Thor Chan, were arrested on Dec. 23. 470 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTHong Kong police arrested two executives of the crypto exchange AAX accused of fraud and misleading the police, according to…

As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. 284 Total views 9 Total shares Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published…