Cryptocurrency cashback rewards integrate traditional loyalty programs with the novel appeal of digital currencies. As crypto awareness grows, these programs are becoming a strategic tool for businesses to engage a tech-savvy audience. Typically, these rewards are offered by various companies ranging from…
The President of Argentina, Javier Milei, is expected to tour the USA to meet with the CEOs of giant tech firms. An announcement conveyed by the President spokesperson Manuel Ardoni reveals that Milei will meet with top-level management of Google, Meta, OpenAI,…
As Hong Kong seeks to become the burgeoning crypto hub in Asia, the regulators have stepped up to create a safe and secure environment for trading digital assets. On Monday, the Hong Kong Securities and Futures Commission (SFC) revealed plans to conduct…
In its advanced update, the Texas State Securities Board (TSSB) has issued cease and desist orders to Arkbit Capital for engaging in unlawful crypto mining. The regulators noted that Arkbit Capital’s cloud mining activities violated the law. The TSSB financial examiner, Alexis…
On Thursday, the Binance executive Tigran Gambaryan was rushed to a hospital after fainting at a court in Abuja, Nigeria. According to Reuters, Gambaryan was arraigned in court on May 23 for money laundering charges. Justice Emeka Nwite ordered the Nigerian police…
The California based crypto exchange Coinbase revealed plans to restore the buying and selling of Ripple native token XRP for New York users. The new development will allow New York users to seamlessly trade their XRP tokens in one of the largest…
In a fireside chat with the cofounder of Ethereum, Vitalik Buterin, ignored the hype on the approval of Ether exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). Buterin avoided commenting on the long-awaited approval of the ETH ETFs. However,…
The rise of crypto-related crimes has compelled vital market players to explore ways to address the issue. On May 22, leading crypto exchanges, tech firms, and advocacy teamed up to combat crypto crime. Coinbase, Kraken, Gemini, Meta, Ripple Labs, Match, and the…
In its advanced report, the US Securities and Exchange Commission (SEC) penalized Intercontinental Exchange (ICE) for failing to report a cyber attack incident. The ICE received a $10 million fine for breaching the law. The SEC claimed that ICE was hit by a malicious…
In its May 20 report, the Gala Games suffered a multimillion exploit. The Gala Games lamented that a lousy actor minted 5 billion of its native token Gala valued around $240 million. The exploit interfered with the Gala’s market performance, impacting huge…
On Monday, May 13, US President Joe Biden issued a desist order to a Chinese-based crypto miner MineOne Cloud Computing Investment company operating near Wyoming’s nuclear missile base. The president claimed that the operation of MineOne posed a threat to US national…
Following the resurgence of the crypto bulls, key market players have demonstrated their commitment to advancing their trading skills. In a May 7 update, the participants at Women in Tech Global Summit 2024 (WITG) revealed plans for a significant development on its…
The rise of crypto crime has forced law enforcers to explore ways to shield investors from exploitative activities. In a recent report, the South Korean regulators revealed plans to launch a crypto investigative unit to address the financial crimes in the region….
In its official publication, the US Department of Justice (DOJ) filed a motion challenging the plea of Tornado cash developer Roman Storm. Earlier this week, Storm urged the court to dismiss charges of his involvement in the Tornado Cash. Storm was indicted…
Apple Inc. has initiated talks with the developer of ChatGPT OpenAI to integrate the artificial intelligence (AI) features on IOS 18. The primary objective of integrating the AI feature is to boost the iPhone’s speed. According to Bloomberg, the Apple team is…
The Chicago board options exchange parent company Cboe Global Markets has unveiled its restructuring plan. The proposed reorganization plan targets eliminating the existing digital spot market from the Cboe digital arm. In the upcoming restructuring plan, Cboe will migrate the digital spot…
On Friday, the Taipei District prosecutor accused 32 individuals of involvement in Ace Exchange. The suspected were accused of committing severe crimes of defrauding the investors and engaging in money laundering activities. In the report, the prosecutors proposed that the four primary…
On Friday, the Phoenix wallet revealed plans to exit the US market, citing heightened regulatory pressure. The Phoenix team confirmed that its non-custodial Bitcoin wallet ACINQ would be removed from the Google and Apple marketplace. The decision to exit from the vibrant US…
In an official communication, the Securities and Exchange Commission in the Philippines issued directive orders to giant tech firms Google and Apple. The SEC ordered Google and Apple to scrap the Binance application from their app stores. The directive aimed to safeguard…
In its recent publication, the US Internal Revenue Service (IRS), in collaboration with tax regulators, unveiled a draft copy of the new Digital Asset Proceeds from Broker Transactions (Form 1099-DA). The new form will be used in 2025-2026 to report the income generated…
