Crypto Market Loses $486M in July: Cointelegraph Crypto Report
Crypto Market’s Worst Month of 2023 The cryptocurrency market had its worst month of 2023, according to a report from Web3 outlet De.Fi shared with Cointelegraph. Losses totaled $486 million,…
US Senate Approves National Defense Bill Targeting Crypto Mixers and Web 3.0 Coins
Crypto Regulation in the NDAA On July 27, the United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion, containing a provision that targets crypto mixers,…
Two Crypto Bills Make a Major Success in US Congress
Last week, the United States moved closer to providing regulatory clarity for the crypto industry. The House Financial Services Committee (FSC) voted 35–15 in favour of the Financial Innovation and…
Blockchain Verification Service for Cultural Artifacts
Verification-as-a-Service Model for Cultural Artifacts Computer scientist Adel Khelifi from the University of Abu Dhabi, and archaeologist Mark Altaweel from University College London, recently announced the development of a Web3-based…
How Can Investors Detect a Market Downturn Using 3 Economic Indicators?
Inflation dropped sharply, surpassing expectations and hitting 3% in June. But the recession that many analysts had forecasted has yet to materialize, as evidenced by the near 50-year low 3.6%…
French Data Privacy Concerns Over Worldcoin’s AI Collection Method
CNIL Questions Worldcoin’s Data Collection Methods The French National Commission on Informatics and Liberty (CNIL), France’s data protection agency, is questioning the legality of Worldcoin’s data collection methods, according to…
Sam Bankman-Fried’s Legal Team Unveils Documents in Connection with AI Reporter Story
Sam Bankman-Fried’s Relationship with Caroline Ellison Lawyers for Sam Bankman-Fried, also known as ‘“SBF,” have requested that the court seal documents related to his interviews with a New York Times…
German Regulator Raises Concerns About Binance CEO and Crypto Coins
Binance Withdraws Licensing Application in Germany The German Federal Financial Supervisory Authority, or BaFin, reportedly advised crypto exchange Binance to withdraw its licensing application due to issues with CEO Changpeng…
Hester Pierce Challenges SEC Crypto Warning to Accounting Firms
Crypto Firms and Accounting Firms: Transparency Matters Commissioner Hester Pierce of the United States Securities and Exchange Commission (SEC) has expressed her worries about the agency’s recent statement that suggested…
Binance and SEC Join Forces to Challenge Eeon’s Crypto Casino
Eeon’s Request to Intervene Denied by SEC and Binance The United States Securities and Exchange Commission (SEC) and Binance have submitted responses to Eeon’s request to intervene on behalf of…