SEC to close regional office after judge dismisses DEBT box case
A judge ordered the U.S. Securities and Exchange Commission to pay $1.8 million following “bad faith conduct” over a temporary restraining order to freeze DEBT Box’s assets.
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Bitcoin price ‘sideways boredom’ may last 18 months — New research
Bitcoin (BTC) faces up to one-and-a-half years of “boredom” as the bull market gathers steam, a new prediction says.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode predicted an “arduous” period for BTC hodlers next.Glassnode: Bitcoin hodlers set for 12 months’ “gradual accumulation”After gaining 70% in the first quarter of…

Coinbase to add 1,000 more US jobs in 2025, thanks to Trump — Brian Armstrong
After the White House Crypto Summit, Coinbase CEO Brian Armstrong announced the crypto exchange would be going on a hiring spree in the United States. Coinbase CEO Brian Armstrong said that United States President Donald Trump’s strong support for crypto has led the exchange to go on a hiring spree in the US. “Coinbase is

Chinese Police Seize 4,000 Crypto Mining Units After Energy Spike
Police in China arrested 22 suspects allegedly involved in illegal crypto mining activity that led to energy loss worth of about $3 million, reports XinhuaNet, the official press agency of China, on July 12.Police in Jiangsu, China’s eastern-central coastal province, have reportedly seized 4,000 hardware units that were illegally used to mine cryptocurrency such as…

Germany’s Information Security Office champions hardware wallets
According to a recent Chainalysis report, thefts resulting from crypto hacks and exploits have totaled $1.58 billion in 2024.

The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?
On May 6, Ethereum Foundation transferred nearly $30 million in Ether (ETH) to the Kraken cryptocurrency exchange, causing jitters in the market about a potential selloff event. ETH price fell 4.8% to $1,900 on the day, but the decline has been negligible so far amid a wider recovery trend.ETH price holding key supportEther's price recovered…

Singapore: Venture Capital Firm to Launch $10 Million Crypto, Blockchain Investment Fund
Singapore-based venture capital firm Golden Gate Ventures will launch a $10 million fund for investments in blockchain and cryptocurrency companies, Reuters reported August 10. Golden Gate Ventures (GGV), one of the leading venture capital firms in Southeast Asia, will invest in early-stage companies including cryptocurrency exchanges, security providers, and blockchain tech startups through the LuneX…

Trump crypto push could hurt Europe’s financial stability: Top EU official
European Stability Mechanism managing director Pierre Gramegna says a potential flood of US dollar-denominated stablecoin payment solutions could impact Europe’s monetary sovereignty. Finance officials in the European Union are concerned US President Donald Trump’s embrace of digital assets could affect Europe’s monetary sovereignty and financial stability. “The US administration is favorable toward cryptocurrencies and especially

Nifty News: John Cena collectibles, rum tokens, SuperRare 2.0, and more…
World Wrestling Entertainment (WWE) announced on Aug. 16 that it will be dropping nonfungible tokens (NFTs) depicting WWE Hall of Famer John Cena. Last week the beloved wrestling organization dropped its first NFT collection featuring The Undertaker, with the highest-selling NFT going for $100,000 through auction. The latest NFT release will see the first tier…