The WalletConnect Foundation and Reown have Launched WalletGuide — a comprehensive guide to crypto wallets and WalletConnect Certified — a set of user experience (UX) standards to encourage better design, quality, and user interfaces across the blockchain wallet ecosystem. Currently, 19 wallets have been awarded the WalletConnect certification, including Binance Web3 Wallet, SafePal Wallet, TokenPocket, […]
Security News
Norway supports MiCA, considers CBDC for financial stability
Norges Bank, Norway’s central bank, has endorsed the European Union’s Markets in Crypto-Assets Regulation (MiCA) as the country evaluates the potential adoption of a central bank digital currency (CBDC). Kjetil Watne, project director for Norges Bank’s CBDC project, said in an interview with Cointelegraph that Norway, as a member of the European Economic Area (EEA), […]
Crypto mixer Bitcoin Fog founder receives 12.5-year prison sentence
Roman Sterlingov, the founder of the darknet’s oldest cryptocurrency mixer “Bitcoin Fog” has been sentenced to 12.5 years in prison as part of the United States government’s broader crackdown on crypto mixers. It falls short of prosecutors’ earlier petitions for a 20- to 30-year sentence for Sterlingov following his March conviction by a jury on charges of money […]
Crypto community reacts to reports of Wall St. lawyer up for SEC chair role
Reports of a Wall Street lawyer as a potential SEC chair candidate in Trump’s administration have divided the crypto community, with some raising concerns that his traditional finance background may lead to an anti-crypto stance. However, others are more optimistic, speculating that his experience may lead to “thoughtful frameworks” for crypto regulation. Levin Naftalis and […]
Crypto community reacts to reports of Wall St. lawyer up for SEC chair role
Reports of a Wall Street lawyer as a potential SEC chair candidate in Trump’s administration have divided the crypto community, with some raising concerns that his traditional finance background may lead to an anti-crypto stance. However, others are more optimistic, speculating that his experience may lead to “thoughtful frameworks” for crypto regulation. Levin Naftalis and […]
FTX tries to reclaim $11M from Crypto.com-controlled Alameda account
Alameda Research, one of the sister firms connected to defunct crypto exchange FTX and a party to its bankruptcy case, is seeking to recover more than $11 million in a Crypto.com account held since 2022. In a Nov. 7 filing in the United States Bankruptcy Court for the District of Delaware, Alameda filed a complaint to “recover […]
SEC mulls approving Ethereum ETF options
United States regulators are reviewing a request to list the first options tied to spot Ether ETH$3,038.97 exchange-traded funds (ETFs) on NYSE American’s securities exchange, according to a Nov. 8 filing. If approved, NYSE would be authorized to list options on Bitwise Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE), Grayscale Ethereum Mini Trust (ETH), and “any trust […]
California revokes BlockFi’s lending license 2 years after bankruptcy
The California Department of Financial Protection and Innovation (DFPI) permanently revoked the license of collapsed cryptocurrency lender BlockFi two years after its bankruptcy. Announcing the news on Nov. 7, California’s DFPI said the license revocation came after an examination by the regulator following a suspension of BlockFi’s license in November 2022. BlockFi entered into a settlement agreeing to the license […]
Robinhood legal boss is being considered for SEC chair shortlist: Report
United States President-elect Donald Trump’s transition team is reportedly considering Robinhood Markets’ legal boss for a shortlist of candidates to take charge of the Securities and Exchange Commission. Dan Gallagher, Robinhood’s chief legal, compliance, and corporate affairs officer, who was a Republican SEC commissioner from 2011 to 2015 under the Obama administration, is currently the […]
Detroit residents will be able to pay taxes with crypto from mid-2025
Detroit will soon allow its residents to pay their taxes and other city fees with cryptocurrency as the city looks to “modernize” and attract blockchain companies to the city, according to an announcement from Detroit’s Office of Treasury. In a Nov. 7 statement, the Detroit Treasury said the new crypto payment options would be offered through […]