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SEC Challenges Coinbase’s Extensive Discovery Requests

The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register…

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Barefoot Mining CEO: Wars Will Be Fought Over Bitcoin Blockspace

Bob Burnett, CEO of Barefoot Mining, a bitcoin mining company providing off-grid “wild” mining services, has declared that wars will be fought over Bitcoin blockspace. In a recent interview, Burnett…

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Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations

The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According to local reports, these letters require issuers to disclose which…

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Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation

A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure.…

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Fake Crypto Recovery Service Operator Arrested and Charged

The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network (CDN), that scammed customers out of their ethereum. Lauchlan convinced…

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Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’

Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of…

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Wazirx Announces FIR Filing Following Major Cyberattack

Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a…

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Binance Hit With $87 Million Tax Bill in India

Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is…

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Financial Analyst States Bitcoin Is ‘Not a Hedge Against Anything’

Jacob King, a financial analyst at Whalewire, has stated that he doesn’t consider bitcoin a hedge “against anything.” King stressed that “crypto itself was entirely propped up by stable coin…

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