Kraken ordered by court to disclose user data to IRS for tax compliance
The United States District Court for the Northern District of California has ordered crypto exchange Kraken to turn over account...
Blockchain News
FedNow “early adopter” list contains no blockchains, but some may integrate later
The Federal Reserve’s upcoming instant payment system, FedNow, released its list of certified “early adopters” on June 29. The organizations...
Coinbase layer-2 network Base closes in on mainnet launch
Base, a new layer 2 application-focused protocol by Coinbase has just one criteria left to fulfil before being ready for...
Italy’s central bank calls for framework to prevent stablecoin runs
Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst...
Worldcoin confirms it is the cause of mysterious Safe deployments
Worldcoin is the cause of a slew of Safe deployments to the Optimism (OP) network over the past week, according...
Optimism network transactions surged 67% following Bedrock upgrade — Nansen
Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread...
Crypto travel rule implementation ‘remains relatively poor,’ says FATF
A renewed call from the Financial Action Task Force (FATF) has asked countries to implement the “travel rule” to combat...
Shiba Inu Burn Twitter account experiences suspension
The Shiba Inu (SHIB) burn tracker Twitter account, Shibburn, which is well-engaged with the crypto community, has been unexpectedly suspended....
The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange, and other news
The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s...
Cryptopay EU card provider loses license, company says card funds are safe
The European Union debit card provider for Cryptopay has lost its Electronic Money Institution (EMI) license, according to a June...
Bitcoin think tank rejects science behind ‘limited adoption problem’ paper
A team of researchers from the Bitcoin Policy Institute, a nonprofit think tank, have roundly rejected the conclusions reached in...
Polygon co-founder proposes zkEVM ‘validium’ upgrade to improve security
Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a...
Web3 usernames may see greater adoption due to recent advancements
Ever since the Ethereum Name Service (ENS) was launched in 2017, Web3 users have been able to replace the long...
Watch out Ordinals, 30,000 ‘Ethscriptions’ land on Ethereum
Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with...
Tether responds to account deactivation controversy, raises compliance checks
Tether, the company behind market-leading stablecoin Tether (USDT), has addressed concerns regarding its operational decisions.According to documents released by the...
On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project
Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a...
Fed, SEC investigate Goldman Sachs over Silicon Valley Bank’s securities portfolio: Report
Goldman Sachs is currently facing scrutiny from the Federal Reserve and Securities and Exchange Commission (SEC) regarding its involvement in the...
Haru Invest files criminal complaint against consignment operator
B&S Holdings, formerly known as Aventus, a consignment operator, has been alleged by South Korean yield platform Haru Invest of...
North Korean hackers swipe over $100M from Atomic Wallet users
Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their...
Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of...
SOL is not a security, says the Solana Foundation
The Solana Foundation took to Twitter to address for the first time the U.S. Securities and Exchange Commission's classification of...
Scammers steal nearly $1M after hijacking 8+ prominent Crypto Twitter accounts
Over the past few weeks, scammers have hijacked over eight Twitter accounts of prominent figures in the crypto space to...
