report
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Regulation
US Court Revives 2022 Lawsuit Accusing Binance of Selling Unregistered Securities That Lost Their Value: Report
A federal appeals court is reportedly overturning the dismissal of a lawsuit accusing crypto exchange Binance of violating US securities…
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Blockchain
Two-thirds of EVM smart contract deployments in 2024 are from Optimism: Report
A Flipside Crypto report shows that over 637 million Ethereum Virtual Machine (EVM) smart contracts have been deployed across seven…
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Scams
FBI cybercrime report reveals crypto investment fraud in the US rose 53% YoY
The FBI’s Internet Crime Complaint Center (IC3) has released its 2023 report, revealing a significant rise in crypto-related fraud and…
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Regulation
Binance.US Has Laid Off Majority of Its Staff and Suffered Blows to Revenue Due to SEC Lawsuit: Report
Binance’s US arm is reportedly downsizing amid legal challenges with federal securities regulators. In June, the U.S. Securities and Exchange…
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Regulation
IRS Targeting Bitcoin and Crypto Traders As Digital Currencies Become Top Priority For Agency: Report
The U.S. Internal Revenue Service (IRS) is gearing up for a new campaign to tackle the digital assets industry and…
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Regulation
FTX Opens Claim Window, Sets Prices for Bitcoin, Ethereum and Others Close to 2022 Bear Market Lows: Report
FTX liquidators have launched the claims portal for creditors of the bankrupt crypto exchange using prices from the 2022 bear…
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Regulation
Nigerian Government Demands Nearly $10,000,000,000 From Binance for Alleged Foreign Exchange Rate Manipulation: Report
The government of Nigeria is demanding billions of dollars from Binance, alleging that the crypto exchange manipulated the exchange rate…
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Regulation
Crackdown on Crypto Conversion Shops Coming to Hong Kong, According to Regulators: Report
Hong Kong’s financial regulators plan to crack down on over-the-counter (OTC) crypto trading activity in the city-state, according to a…
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Regulation
U.S. DOE Halts Survey of Crypto Mining Energy Use After Lawsuit From Riot and Texas Blockchain Council: Report
The U.S. Department of Energy (DOE) is reportedly stopping its survey on crypto mining energy use after being sued by…
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Blockchain
Security Concerns and High Transaction Costs Top Obstacles to Mainstream Web3 Adoption: Report
Web3 is ripe for mainstream adoption but there are still a few challenges that need to be addressed before onboarding…
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