The SEC canceled its Friday rulemaking session on crypto regulations without setting a new date, adding uncertainty to markets. The Securities and Exchange Commission abruptly postponed its scheduled Friday meeting to propose crypto-specific regulations, citing an unforese
Investor Mike Dudas highlights Solana’s ability to integrate trading, payments, and settlement, positioning it for mass crypto adoption. Solana is positioned to attract mainstream users by supporting trading, payments, and settlement on a single network, according to 6th M
Police dismantled two fraud operations in Johor, arresting over 300 suspects, as scam networks shift focus to Malaysia’s crypto hubs. Malaysian authorities dismantled two telecom fraud rings in Johor’s Country Garden Forest City, arresting more than 300 people, 95% of whom
Jeong Sang-ho was convicted of embezzlement and fraud after Delio collapsed, leaving investors with $49.3 million in losses. A Seoul court sentenced Delio CEO Jeong Sang-ho to 15 years in prison for defrauding users of approximately $49.3 million in crypto assets. The ruli
SharpLink stakes $200M in ETH through Lido SharpLink, a leading Ethereum treasury company, will stake $200 million worth of ETH through Lido. The company will receive wstETH, representing the staked ETH and its rewards, with Anchorage Digital serving as custodian.
The share of large crypto funding rounds surged fivefold since 2023, while smaller deals declined sharply. Crypto fundraising saw mega-rounds rise to 17% of total deals, up roughly five times from 2023 levels. The shift reflects a broader trend of capital concentrating in
The stablecoin issuer confirmed its first full audit by a Big Four firm, including verification of gold reserves backing USDT. Tether announced it has finalized a long-awaited audit of its $180 billion USDT stablecoin reserves, conducted by KPMG U.S. The review included an
Tether's reserves exceed liabilities by $6.814 billion Tether has completed a full financial audit of its USDT stablecoin, which has a value of $180 billion. The audit was conducted by KPMG U.S. and examined Tether's books, including a physical inspection of its gold
US regulators advance crypto oversight discussions as Congress delays legislation, signaling potential rulemaking without the CLARITY Act. The CFTC will convene its Innovation Advisory Committee on August 20 to discuss cryptocurrency regulations, AI, and prediction markets
Researchers flagged high-risk Ethereum and BNB Chain addresses linked to $574.8 million in crypto thefts and abuse. A study presented at USENIX Security '26 identified 65,340 high-risk cryptocurrency addresses responsible for over $574.8 million in losses on Ethereum and B
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