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CZ and Binance face new lawsuit for alleged laundering of stolen crypto
One legal expert says if the class action lawsuit progresses, it could put the "efficacy of blockchain analytics itself" on trial.

Analysts say Mnuchin’s proposed self-custody rule won’t impact Bitcoin price
This week various media reported that U.S. Treasury Secretary Steven Mnuchin was considering whether or not legislation governing self-custodied wallets should be implemented. This led some analysts and crypto pundits to speculate whether or not this would impact Bitcoin, and the current bullish momentum that has been driving crypto prices higher. The threat of new…

Shiba Inu devs to launch Shibarium L2 network beta
While the developers did not give an exact date for the release, the team reiterated that their answer to all questions relating to the time frame is “soon.” 463 Total views 20 Total shares Own this piece of history Collect this article as an NFTThe developers of the dog-themed token Shiba Inu (SHIB) posted an…

Indian Gov’t Panel Recommends a Blanket Ban on Cryptocurrencies
An Indian government panel recommended a ban on cryptocurrencies, Reuters reports on July 22.Is India finally about to ban cryptocurrencies?The panel recommended to the government today to ban cryptocurrencies and impose sanctions for any dealings involving crypto assets. Reuters adds that, according to a government statement, the report and draft legislation released by the panel…

I run a Ledger competitor — but I support them in blow-up over keys
It’s counterintuitive for a CEO to defend a competitor, particularly when that competitor is rolling out a feature similar to one we pioneered years ago. But given the debacle around Ledger’s new “Ledger Recover” feature, it’s time to provide a balanced perspective.The company is under fire for releasing an update to its wallet firmware that…

NFTs on the news: Mega-whale Pranksy brings collectible highlights to the fore
On the evening of Jan 25, longtime non-fungible token (NFT) collectors, developers, and believers witnessed a bizarre, but likely validating piece of blockchain history: legendary collector-whale Pranksy was interviewed on the Fox 5 New York evening news during a segment on NBA Topshot, an NFT-backed collectible highlights project. NFTs on the nightly news is the culmination…

Africrypt turns sour on investors: Founders flee as court cases build up
Two South African brothers are facing mounting pressure to come forward to authorities as investigators delve into one of the biggest cryptocurrency thefts in the country.Raees and Ameer Cajee are central figures in the now infamous Africrypt cryptocurrency investment scheme saga. Local investors have been left in the dark and out of pocket following what…

3 reasons why Bitcoin traders anticipate BTC price to briefly sweep the $27.5K level
After a spectacular first half of 2023, the price of Bitcoin (BTC) appears to have stalled out, being stuck between $29,000 and $31,500.There could be reason to believe that in the near term, the price of Bitcoin will tend to trade sideways or to the downside. This thesis can be based on three factors, with…