Ethereum fractal hints at $3.3K as analyst says its 'go time' for ETH price
Ethereum’s bullish fractal pattern from 2021 consists of a five-point setup, which ETH is currently mirroring in 2024.
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Washington State Law Recognizes Blockchain Records as Legally Valid and Enforceable
The United States state of Washington has passed a bill that recognizes and protects the legal status of electronic records pertaining to distributed ledgers like blockchains. The bill, substitute senate bill 5638, was signed into effect by Governor Jay Inslee on April 26, 2019.The original version of the bill had its first reading by the…

Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
Prosecutors alleged that the executives of a Filecoin mining project orchestrated an elaborate pyramid scheme and scammed the participants. 55 Total views 2 Total shares Five executives from a Filecoin mining service are facing a lawsuit at the People's Court of Pingan County in China, over allegations that they pilfered millions of dollars and left…

Securitize acquires $40b crypto fund manager Onramp
Digital securities firm Securitize will provide new alternative assets to major cryptocurrency firms like WisdomTree and Valkyrie Invest. Tokenized asset firm Securitize continues expanding investor access to private market alternative assets with the acquisition of the cryptocurrency fund manager Onramp Invest, which manages more than $40 billion in assets.Securitize is planning to simplify the access…

Canada Tightens Crypto Regulations Alongside AML/CTF Overhaul
The Financial Transactions and Reports Analysis Center of Canada (FINTRAC) has announced it will soon implement new anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. The laws including updated guidelines for virtual currencies.In a departmental report published on March 10, FINTRAC emphasizes that the establishment of “an enhanced AML/[CTF] regime” for businesses operating with cryptocurrencies…

Hacker tries to exploit bridge protocol, fails miserably
The attempt was suppressed within 31 seconds, with the attacker losing their 5 ETH safety deposit. 122 Total views 7 Total shares Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wallets. In a Twitter…

Crypto thrives in India despite ‘discouraging’ taxes — Local community
India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential.

Bitwise CEO: Bitcoin ETF Still Coming as SEC Concerns Largely Solved
The CEO of crypto index fund provider Bitwise Asset Management says he’s still positive about the prospect of United States regulators approving a crypto exchange-traded fund (ETF).CEO Hunter Horsley made his remarks during an interview together with Bitwise’s global head of research Matt Hougan for Bloomberg UK on Aug. 15.Seemingly endless deferralAs reported, Bitwise filed…

Will Telegram-linked Toncoin bounce back after Pavel Durov’s arrest?
TON traders might view the recent dip as a chance to buy low if Durov’s arrest is an isolated incident.