Crypto firms to see more enforcement actions within 2 years — CFTC chair

The fake Trezor app has been downloaded by at least 1,000 people on the Android’s app store Google Play. 2975 Total views 14 Total shares Trezor, a major hardware cryptocurrency wallet supplier, has warned its users about a fake Trezor application on Google Play.According to Trezor, the fake app is malicious and has no relation…

The exchange also announced plans to remove USDC as a tradable asset from its platform. 5857 Total views 26 Total shares Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ether (ETH) and Wrapped Ether (wETH) on selected networks starting Sept. 6 at 2:00 am UTC in anticipation of…

Current CTO David Schwartz claims Stefan Thomas created hundreds of accounts with 1.0 BTC "because that was the fastest and easiest number to type" for his experiments. 3903 Total views 11 Total shares David Schwartz, current chief technical officer at Ripple, is responding to reports his predecessor had lost access to hundreds of millions of…

Taiwan’s crypto watchdog has drafted 10 guiding principles for virtual asset service providers operating in the country. 129 Total views 1 Total shares East Asian country Taiwan is reportedly planning to put restrictions on unregistered overseas crypto exchanges operating within its jurisdiction as a part of its incoming guidance for virtual asset service providers (VASPs). On

The Tron Foundation has announced a $20 million buyback plan in a blog post published on June 25.The buyback is purportedly part of an initiative to bolster community activity and market stability.The company is going to conduct the largest tron (TRX) token buyback plan so far with the widest coverage in the secondary market, the…

In this week’s newsletter, read about how marketplace Magic Eden integrated compressed nonfungible tokens (NFTs) into its platform and how Meta launched its metaverse game on mobile and web. Check out why the Bitcoin Ordinals creator proposes changing the protocol’s numbering system and learn about Atari founder Nolan Bushnell’s perspectives on play-to-earn gaming. In other

Bitcoin ATM operator Coinsource has been granted a virtual currency license, or ‘Bitlicense,’ from the New York State Department of Financial Services (NYDFS), according to a press release published Nov. 1.The regulator has thus given its formal seal of approval for New Yorkers to use cash to buy or sell Bitcoin (BTC) using Coinsource’s “Bitcoin…

2021 was a sort of "coming-of-age" for many layer-one (L1) blockchain protocols because the growth of decentralized finance (DeFi) and nonfungible tokens (NFTs) forced users to look for solutions outside of the Ethereum (ETH) network where high fees and network congestion continued to be barriers for many.Protocols like Fantom (FTM), Avalanche (AVAX) and Cosmos (ATOM)…

Top stories this weekBitfinex Allegedly Covers $850 Million Loss With Tether FundsThe New York attorney general’s office alleged this week that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall. The attorney general’s office has obtained a court filing that alleged that Bitfinex’s operator,…