Good news for crypto! The SEC has dropped its investigation into Uniswap Labs, the developer behind the popular decentralized exchange. The investigation, which looked into possible securities law violations, had raised concerns that DeFi platforms could face stricter regulations. With the case now closed, many in the industry see this as a positive step for…

Another day, another crypto hack—this time, Infini has fallen victim to a devastating cyberattack. Hackers stole $49 million in USDC by taking advantage of administrator login information. This breach has sent shockwaves through the crypto community, once again exposing the risks of centralized control within DeFi platforms. It highlights the ongoing vulnerabilities in the space,…

Ohio is taking a big step toward crypto-friendly policies with a new bill aimed at blocking extra taxes on cryptocurrency transactions. The legislation ensures that digital assets, including cryptocurrencies and NFTs, won’t face additional tax burdens beyond standard state taxes. By treating crypto the same as traditional payments, Ohio hopes to create a more welcoming…

Montana's plan to create a state Bitcoin reserve has been blocked after House lawmakers voted against it. The bill aimed to make Montana more crypto-friendly by allowing the state to hold Bitcoin as part of its financial reserves. However, concerns about price swings, unclear regulations, and long-term risks led to its rejection. With this decision, Montana’s…

Reports indicate that hackers behind the Bybit security breach may be linked to a series of Solana-based memecoin scams. These scams have resulted in significant losses for investors, highlighting the rising complexity of crypto-related cybercrime. If confirmed, this connection could further shake trust in the security of digital asset platforms. The question remains: will exchanges…

The long-awaited Pi Network mainnet launch turned into a reality check as its token saw a sharp decline. Investors hoping for overnight riches are now facing the harsh reality of market volatility. While some supporters remain optimistic about Pi Network’s long-term potential, the steep decline highlights the importance of strong fundamentals and market adoption.

Binance has strengthened its dedication to security and regulatory compliance by partnering with Hong Kong law enforcement to counter threats linked to digital assets. The goal of this partnership is to improve investor safety and fraud detection. Will scammers find a new way to vanish before your weekend trading winnings do, or will this alliance…

Japan has approved new measures to enhance user protection in the stablecoin market, reinforcing its commitment to fostering a secure and transparent digital asset ecosystem. These regulations focus on improving oversight, preventing misuse, and ensuring that stablecoin issuers maintain adequate reserves to back their tokens. As Japan takes the lead in crypto regulation, will other…

Nigeria has filed an $81.5 billion lawsuit against the Binance exchange, sending shockwaves through the cryptocurrency community. The suit alleges unlawful practices by Binance, resulting in substantial financial losses for Nigerian investors. This legal action highlights growing tensions between governments and cryptocurrency platforms as regulators seek to impose stricter oversight on the growing industry. Can Binance…

According to Cyvers, "pig butchering" schemes caused cryptocurrency investors to experience large financial losses in 2024; estimates indicate that hundreds of victims had over $4 billion stolen. These frauds mislead people into making fake investments before stealing their money and leaving them with empty wallets, and lessons learned the hard way. It demonstrates the pressing…