French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities.
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SEC asks court to consider Terraform Labs ruling in Binance case
The commission argued a summary judgment in its favor against Terra provided “further grounds” on which a judge could consider denying a motion to dismiss from Binance. The United States Securities and Exchange Commission has filed a motion in federal court asking a judge to consider a summary judgment ruling in its case against crypto

4 signs Bitcoin is starting its next bull run
As the chances of a Bitcoin exchange-traded fund (ETF) being approved rise, six-figure BTC price predictions are also becoming increasingly common, particularly now that the April 2024 halving is less than 180 days away.BTC price historical patterns, halvingBitcoin’s (BTC) price trends often exhibit cyclical behavior. Analysts have drawn parallels between the current price trajectory and

Argentinean Lawmaker Wants to See a State-Backed Crypto
Josefina Canale, Argentina's lawmaker, has declared through her personal Twitter account that she is in favor of creating an exclusive cryptocurrency for the city of Mendoza, which would be backed and monitored by the local government.The lawmaker adds that she has been studying the subject to propose it in legislative discussions, also suggesting that a…

Web3 ecosystem thrives as AI DApps capture 28% market share
AI-based DApps have not only overtaken gaming but also set the stage for future innovations in the decentralized application space.

India Supreme Court Examines Last Petitions Against Central Bank Crypto Ban
India’s Supreme Court will listen to the final round of petitions against the country’s central bank banning cryptocurrency dealings. The hearing is set to happen today, September 25, local news outlet Financial Express reports.The latest step in a lengthy process since the Reserve Bank of India (RBI) announced the ban in April, multiple appeals have…

Bank of England has no tech skills to issue CBDC yet: Deputy governor
BoE deputy governor Jon Cunliffe compared a potential digital pound with iPhone’s Apple Store as it could “open a new frontier for people to improve payments.” 95 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe United Kingdom is not ready to issue a central bank digital currency…

Crypto wagering for online sports betting now legal in Wyoming
The bill already signed into law legalizes online sports betting in the state with bookmakers permitted to accept cryptocurrency deposits from bettors. 3496 Total views 58 Total shares Wyoming has passed a new law legalizing online sports betting in the state with gamblers able to fund their accounts with bookmakers using cryptocurrencies.Governor Mark Gordon signed…

Status check: Ethereum in full deflation mode as Eth2 merge gets closer
The Ethereum community has been hard at work over the past few years, laying the foundation for its shift away from its current proof-of-work (PoW) algorithm which has formed the backbone of the blockchain’s operation up until today.Ethereum’s switch to its proof-of-stake- (PoS-) powered Ethereum 2.0 chain is edging closer to reality, with recent updates…