Security News

An increasing number of users are falling victim to an old trading bot scam that’s been rebranded to take advantage of the hype around artificial intelligence, says blockchain security firm SlowMist. In an Oct. 13 Medium post, SlowMist said cybercriminals have adapted to trending topics by using OpenAI’s ChatGPT in the name of their scam bots in a […]

United States presidential candidate Kamala Harris is friendlier toward cryptocurrency than her boss, President Joe Biden, but not nearly as pro-industry as rival Donald Trump, Galaxy Research said on Oct. 14. Harris promises to meaningfully improve the regulatory environment for US crypto firms, but she holds unfavorable positions on other relevant issues, such as taxes, […]

An FTX customer is suing hedge fund Olympus Peak, alleging the firm owes him additional recovery after he sold his claims in the collapsed trading platform. Nikolas Gierczyk, an FTX user from California, reportedly sued the hedge fund Olympus Peak, claiming the company could gain more than $1 million from their deal. Gierczyk alleges the hedge fund failed […]

The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, the company announced in a press release. AED Stablecoin’s preliminary license approval makes it a frontrunner in the race to become the first issuer of a regulated dirham-pegged stablecoin in the UAE. This development […]

Prediction markets saw significant growth in the third quarter of 2024, driven by bets on the upcoming United States presidential election, which could have wide-reaching effects on cryptocurrency regulations. The betting volume on prediction markets rose over 565.4% in Q3 to reach $3.1 billion across the three largest markets, up from just $463.3 million in […]

Crypto-friendly messenger Telegram is moving to improve compliance and communication with regulators in Kazakhstan by establishing a local office. Telegram agreed to appoint a local representative and open an office in the Republic of Kazakhstan, the country’s Ministry of Digital Development, Innovations and Aerospace Industry said on Oct. 14. According to Minister Zhaslan Madiyev, Telegram’s physical presence […]

Congressperson John Curtis, a United States representative for the state of Utah, took the stage at Permissionless III with Utah Senator Mike Lee to discuss the future of digital asset policy in the country. When asked if the bipartisan cooperation on the repeal of Staff Accounting Bulletin-121 (SAB-121) — which made it incredibly restrictive for banks to […]

The United States Securities and Exchange Commission (SEC) has once again postponed ruling on whether an exchange can list options tied to spot Ether ETH$2,466.79 exchange-traded funds (ETFs), according to an Oct. 11 filing. The SEC has delayed deciding on a proposed rule change permitting Cboe Exchange to list options tied to several popular spot ETH funds, […]

Records from the Federal Election Commission (FEC) revealed that Ripple co-founder and executive chairman Chris Larsen contributed 1,754,815.29 XRP XRP$0.5362, valued at $1 million at the time of the donation, to the Harris-Walz 2024 Presidential campaign. The FEC filings show the contribution was made on Aug. 14, 2024, to the pro-Harris Future Forward political action committee […]

The United States Securities and Exchange Commission (SEC) has once again postponed ruling on whether an exchange can list options tied to spot Ether ETH$2,439.24 exchange-traded funds (ETFs), according to an Oct. 11 filing. The SEC has delayed deciding on a proposed rule change permitting Cboe Exchange to list options tied to several popular spot ETH funds, […]