Seven crypto ATMs were seized and two people were arrested in southwest London on Thursday on suspicion of money laundering and operating an illegal cryptocurrency exchange. The operation was led by the UK Financial Conduct Authority (FCA) and the Metropolitan Police, according to a statement by th
The estate of bankrupt cryptocurrency exchange FTX is seeking a delay in a Delaware court as it works to respond to over 90 objections challenging its proposed halt to repayments in certain “foreign jurisdictions,” according to a court document reviewed by Cointelegraph. The “Motion for Leave”
Opinion by: Michael Rovner When US President Donald Trump called for America to become “the crypto capital of the planet,” he acknowledged a growing sentiment among his supporters. Crypto is no longer simply an asset class or subculture to this group; it’s a parallel financial system being shaped b
Advancements in cloud computing, data storage and artificial intelligence have transformed how businesses operate and manage information. However, this transformation has also led to challenges because these technologies are highly centralized and in the hands of a few tech giants The cloud comput
Debt-to-equity shift in Bitcoin mining The 2022 crypto winter caused major Bitcoin miners over exposed to debt financing to file for bankruptcy. Most publicly traded miners had debt-to-equity ratios over four, with values above two generally considered unsustainable. Starting in the third
The synthetic stablecoin market is a dynamic part of decentralized finance (DeFi), and Ethena has left a significant mark with its innovative product. With high yields on its synthetic dollar, USDe, Ethena has captured a total value locked (TVL) of $2.7 billion, demonstrating demand for synthetic st
A hacker-turned-defender warns that most of the industry is asleep on crypto’s existential threat: quantum computing. David Carvalho, CEO of post-quantum infrastructure firm Naoris Protocol, began hacking at the age of 13, experimenting with spam emails to attract job offers and gain attention
The rapid growth in global crypto adoption (up 34% based on the number of holders since 2023) has increased the demand for stable, low-risk digital assets. Tokenized United States Treasurys give users access to government bonds within the crypto ecosystem. The figure below illustrates the rapid grow
Web3 venture firm Hashed Emergent and policy advisory group Black Dot have released a model crypto law aimed at clarifying India’s regulatory framework around digital assets. Announced Monday, the Crypto-systems Oversight, Innovation and Strategy (COINS) Act offers a legislative blueprint to
Monad is a new layer-1 smart contract platform that recently raised $225 million in funding from venture capital firm Paradigm Although Monad has not launched yet, it is expected to be live on its public testnet in late 2024, with mainnet deployment planned for early 2025. Monad is a parallel
Blockchain-based investment products and compliance tools are poised to become more than 10 times faster and cheaper than traditional finance (TradFi) offerings, spurring increased digital asset adoption among financial institutions. Traditional financial compliance products are often fragmented an
The US Securities and Exchange Commission (SEC) met with industry players to discuss a token standard that could support the compliant issuance and transfer of tokenized securities The SEC’s Crypto Task Force met with Ethereum-aligned organizations last Thursday, including the ERC-3643