Jason Titman, CEO of Australian cryptocurrency exchange CEO, Jason titman Swyftx, has noted that millions of potential crypto investors in Australia are hesitant to enter the market due to unclear regulations. Titman predicts that once the regulatory environment stabilizes, between two to six million Aussies will likely venture into cryptocurrency
U.S. presidential candidate Kamala Harris’ winning odds in the upcoming presidential election on crypto-based prediction platform Polymarket rose after the presidential debate on Tuesday in Philadelphia. The former president Donald Trump and Harris are at a tie on Polymarket. Bettors on the prediction platform forecast a 94% chance that Harris
On September 10, ENS Labs, a decentralized naming system based on the Ethereum blockchain, announced the integration of its naming solution into PayPal and Venmo. This move allows users on both platforms to use an ENS domain name instead of a traditional wallet address when transferring cryptocurrencies. By eliminating the
The US regulatory sector has shown persistent evolution this year. While some regulations have posed challenges for crypto advancements, others have aided the industry. Relatedly, in a recent report, tZERO announced that it had received a Special Purpose Broker-Dealer License from regulatory bodies – SEC and FINRA. According to tZERO’s
The U.S. Securities and Exchange Commission (SEC) has reinforced its strict stance on limiting crypto custody services for banks and regulated financial firms. In a recent talk at a banking conference on September 9, SEC Chief Accountant Paul Munter reaffirmed the agency’s firm position on rules governing the custody of
The North Carolina General Assembly has passed a bill prohibiting the implementation of a Federal Reserve-issued central bank digital currency (CBDC) within the state, following a Senate override of Governor Roy Cooper’s veto. The Republican-majority Senate voted 27-17 in favor of House Bill 690, surpassing the 60% threshold required to
Crypto scammers struck again during Apple’s highly anticipated iPhone 16 launch, using a deep fake of Apple CEO Tim Cook to deceive viewers. The fraudulent livestreams appeared on YouTube, promising fake cryptocurrency giveaways under the guise of official Apple promotions. The scam involved altered videos of Cook, who appeared to
The FBI’s Internet Crime Complaint Center (IC3) has revealed a sharp rise in cryptocurrency-related fraud. Americans lost $5.6 billion in 2023—a 45% increase from the previous year. The IC3’s annual report recorded over 69,000 complaints, underscoring the growing exploitation of digital currencies in various scams. Investment fraud was the most
U.S. officials have reached a settlement with GSB Group head Josip Heit over an alleged $1 billion illicit cryptocurrency scam. The five states took this action in an effort to recoup investment funds totaling millions of dollars. To safeguard financial market investors, authorities throughout the world, including those in the
Matthew Sigel, Head of Digital Assets Research at VanEck, refuted previous assertions made by Bernstein that the US election would directly affect Bitcoin. Investors are taking notice of this counterargument, which downplays the impact of the 2024 US presidential election on the BTC surge. Sigel made an interesting observation on
