Rumors that a Bitcoin ETF may be approved in January have Google making preparations Google has revised its cryptocurrency-related advertising policy and will permit ads for US-based crypto trusts beginning in January, around the same time Bitcoin exchange-traded funds (ETFs) are expected to be authorized in the country. In its December 6 policy change log,
Category: Crypto
Financial payment processor Block launches new self-custody crypto wallet
The Jack Dorsey-backed company wants to make it easier for crypto fans to control their funds Block financial payment processor, co-founded by Jack Dorsey, has launched its self-custody Bitcoin wallet, meaning users who misplace their “Bitkey” wallet won’t need to enter a seed phrase to retrieve funds. In the December 7 announcement, developers said the
Blockchain tech company Debt Box accuses the SEC of fraud
The accusations are the latest salvo in a battle between crypto and the securities regulator The US Security and Exchange Commission (SEC) initially deceived a court to freeze Debt Box’s assets, which was since reversed, with the blockchain tech company citing the action as grounds to dismiss the lawsuit. Debt Box and other defendants now
Coinbase to allow cryptocurrency transactions in WhatsApp and Telegram
The cryptocurrency exchange continues to test new ways to facilitate transactions more easily A new feature offered by Coinbase Wallet allows users to transfer crypto via a link they can send through some of the most widespread social media and messaging apps as the exchange examines making its service available to a broader market. Recipients
Cryptocurrency hacker won’t serve time after judge buys “ethical hacker” claim
A French hacker gambles on a unique defense and wins A man only identified as Mohammed M. and his brother were vindicated of all criminal charges, while €7.8 million (US$8.4 million) worth of crypto tokens became untouchable after getting stuck in a wallet. A French court has permitted the two brothers, guilty of stealing $8.5
Bitcoin has “strategic importance” to national security, cites US Space Force
The newest branch of the Armed Forces supports the expansion of cryptocurrency Major Jason Lowery of the US Space Force says the US should formally investigate utilizing proof-of-work networks like Bitcoin (BTC) to protect from cyber-inflicted warfare. On December 2, Lowery demonstrated in a four-page letter to the US Defense Innovation Board that while Bitcoin
Cryptocurrency mining company Hut8 Mining mergers with US Bitcoin Corp
The merger creates a US-based crypto mining powerhouse that could change the market Cryptocurrency mining firms Hut 8 Mining Corporation and US Bitcoin Corporation (USBTC) are uniting operations in an all-stock merger to create a new US-focused company named Hut 8 Corp (New Hut). Canadian-based Hut 8 revealed the culmination of the merger on November
Cryptocurrency payments firm Alchemy Pay adds new deposit options in Europe
The new payment options could indicate growing crypto acceptance across Europe Cryptocurrency payment platform Alchemy Pay has introduced new deposit options in Europe and the UK, including Single Euro Payments Area (SEPA) Instant and Faster Payments, the UK fast money transfer option. In the November 29 announcement, Alchemy Pay noted that the new payment options
Coinbase subpoenaed in CFTC investigation of Bybit
Bybit is under investigation for allegedly offering its exchange services in the US without a license Coinbase is informing customers that it has been subpoenaed by the United States Commodity Futures Trading Commission (CFTC), according to X (formerly Twitter) users who posted a copy of the notice. The CFTC is pursuing information regarding the Bybit
FTX lawsuit pulls in MLB and Formula 1
FTX users want the defunct cryptocurrency exchange’s partners to pay up A group of FTX users is targeting the Mercedes-AMG Petronas Formula One team and MLB for allegedly supporting FTX to commit fraud by promoting the crypto exchange, according to twin class-action lawsuits in a Florida district court on November 27. The suits accuse the
A cryptocurrency wallet-draining operation shuts down after making millions
The platform allegedly helped thieves steal over $80 million in cryptocurrency One of the most widespread cryptocurrency wallet-draining kits available, Inferno Drainer, announced that it’s shutting down its services permanently after aiding phishing scammers in stealing almost $70 million in crypto in 2023. https://t.me/InfernoDrainer/150 The Inferno Drainer team announced in a November 26 Telegram post
Wallet of Satoshi cryptocurrency wallet pulled from the US
The wallet was removed from the App Store and Google Play without warning Apple is again meeting the anger of cryptocurrency users as a widespread Bitcoin Lightning wallet vanished from its US App Store. Bitcoin Lightning payment app Wallet of Satoshi (WoS) was also removed from the Google Play Store in the US as it