BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter....
Business
Arizona Crypto ATM Law Helps Victims Recover $171K
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Goliath Ventures Faces SEC, CFTC Suits Over $400M Ponzi
The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits on Tuesday against...
Bitdeer increased Bitcoin mining output by nearly fivefold in Q2
Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this...
Ex-US defense secretary calls CLARITY Act a ‘national security bill’
Former US Defense Secretary Mark Esper says the CLARITY Act is not merely a financial services bill, its a national...
Boerse Stuttgart Digital, Tradias Complete European Crypto Merger
Boerse Stuttgart Digital and institutional crypto trading firm Tradias have completed their merger after clearing the required ownership control procedure,...
Blockchain.com wins Cayman custody license after MiCA and FCA approvals
Blockchain.com secured a VASP custody license from the Cayman Islands Monetary Authority, expanding its regulated crypto services in the region....
Step App winds down after four years as FITFI token sinks
Move-to-earn project Step App will wind down services by Aug. 21 after four years, while its FITFI token trades 99.9%...
Binance Affiliates Sue RedotPay Over User Diversion Claims
Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging it diverted more than 470,000 users...
Nigeria Sets Crypto Tax Rules for Digital Asset Platforms
Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including...
Treasury Loses Key Architect of Trump’s Crypto Policy: Report
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Minnesota Crypto ATM Ban Goes into Effect After Reported $1M Losses
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What Happened In Crypto Legal News This Week
Wife of former FTX executive seeks to preclude her husband’s guilty pleaIn a Friday filing with the US District Court...
Citadel Buys Situational Awareness Stocks After July AI Market Rout: Reports
Ken Griffin’s Citadel reportedly bought a large proportion of the public stock portfolio of Situational Awareness, the hedge fund founded...
US Senators Sent Revised Ethics Rules to White House for CLARITY Act
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Tennessee County Passes Another Ban on Crypto Operations
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Ondo Shifts From Layer-1 Blockchain to Offchain Execution Network
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BitMart Faces Withdrawal Complaints Following Wind-Down Announcement
Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations. On Monday, blockchain analytics...
BitMart to Wind Down Exchange as BMX Tanks
BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan....
Bitcoin advocacy group to join US State Department’s ‘digital freedom’ program
The Bitcoin Policy Institute and three partner organizations will be able to send employees to work alongside State Department officials...
EU authorities include HTX exchange in Russian sanctions
The exchange, already sanctioned by the UK, is now on a list of 18 entities “providing crypto-assets services or payment...
Mirae Asset completes Korbit acquisition, becomes largest shareholder
Mirae Asset Consulting has become Korbit’s largest shareholder after completing its acquisition, with the exchange saying trading and customer asset...
