US Senate Banking Committee chair says crypto framework will be a priority
With a Republican majority having taken control of the US Senate in January, Tim Scott said the Banking Committee would have an “open-minded environment” for digital assets.
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Immunefi suspends TrustSec amid bug bounty dispute
Immunefi suspended Trust Security over accusations of manipulating issues, sparking debate about fairness in Web3 bug bounty platforms.
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Trump’s acting CFPB chief cuts off funding, suspends some oversight
Trump pick Russell Vought has effectively wound down the agency after taking over the CFPB just days ago.
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Michigan State University Hit by Ransomware, Refuses to Pay Criminals
In early June, media outlets reported that the NetWalker ransomware gang had attacked Michigan State University, or MSU. At the time, the gang threatened to leak students’ records and financial documents. The university’s officials now have said that they will not pay the ransom.According to Detroit Free Press, the unspecified bounty requested in crypto by…
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Nearly every token Binance listed in 2024 is now bleeding red — Coin98
Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.
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ParaSpace to continue NFT lending as it rebrands to Parallel Finance
The protocol will expand to liquid staking and layer-2 solutions while retaining its NFT lending services. 415 Total views 2 Total shares Despite rebranding to Parallel Finance for a greater focus on the decentralized finance (DeFi) ecosystem, the nonfungible token (NFT) lending protocol ParaSpace will continue to focus on its core product amid sector woes. In
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Senator Lummis chosen to chair Senate Subcommittee on Digital Assets
The Wyoming senator introduced the Strategic Bitcoin Reserve Act to the US Senate in July 2024, following the Bitcoin 2024 conference.
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Crypto must adapt to laws, not the other way around — John Reed Stark
Former SEC official John Reed Stark has criticized the misuse of “regulation by enforcement” claims in a hearing before U.S. Congress.
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85,000 Swiss Retailers Will Soon Be Able to Accept Bitcoin
Swiss crypto broker Bitcoin Suisse is partnering with European payment and transaction services provider Worldline to boost crypto payment acceptance in the country.The firms have signed a letter of intent for a partnership to provide crypto payment services to Swiss merchants and consumers in-store and online, Bitcoin Suisse announced on Nov. 8.85,000 merchants across SwitzerlandThe…