US Treasury sued over DOGE access, lawmakers propose stablecoin bill: Law Decoded
The United States’ largest union group sued the Treasury Department, accusing it of unlawfully providing sensitive information to Elon Musk’s DOGE.
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20% of Binance’s new hires this year will be in compliance, says CEO
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.

US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
Officials reportedly speculated an indictment against Binance in the U.S. could cause a run on the exchange similar to what happened with crypto exchange FTX in November 2022. 316 Total views 5 Total shares The United States Department of Justice is reportedly considering charging cryptocurrency exchange Binance with fraud, but hesitating based on costs to…

US crypto execs express hope for regulatory clarity in 2025
The new year will bring freshmen members of Congress and President-elect Donald Trump, who made big promises to the industry during his campaign.

Sigma Capital’s $100M fund plans to invest in 100 Web3 projects
The Dubai-based venture capital firm said it plans to invest in 100 early-stage Web3 projects, 25 liquid tokens and 10 fund-of-fund allocations.

Volumes surge 205% in Axie revival as co-founder claims project is ‘healing’
Play-to-earn (P2E) Metaverse game Axie Infinity appears to be on the mend, with its NFT sales volume pumping 205% over the past seven days. The project’s co-founder Jeff Zirlin echoed such sentiments via Twitter on July 8, after he stated that the project was “healing” in reference to the strong adoption of NFT land staking,…

Blockchain platform Axelar establishes unicorn status, mainnet launch impending
The platform's one-billion-dollar valuation affirms the burgeoning demand for decentralized cross-chain service providers in the blockchain industry. 238 Total views 57 Total shares The Axelar Network has announced the completion of a $35 million Series B funding round, pushing its market value above $1 billion. Participants of the round include Dragonfly Capital, Polychain Capital and…

Bitcoin price may spark ‘war of miners’ — 1-day pool outflows hit $18M
Pools may be attempting to trade the dip, CryptoQuant suggests as its CEO warns about rivalries building. Bitcoin (BTC) losing 5% in a day has sparked major changes for miners, data shows as mining pools suddenly send large amounts of BTC to exchanges.Data from on-chain monitoring resource CryptoQuant reveals that Sept. 2 saw outflows spike…

White hat ‘SEAL’ team protecting from crypto hacks surpasses 900 investigations
The crypto security team is preparing to launch a battleground for hackers and crypto protocols at the DeFi Security Summit at Devcon in November.