Cryptocurrency Regulations 145

zkPass Pre-alpha Testnet Open for Public Testing: Join to Shape the Future of Data Privacy

zkPass, an innovative privacy-preserving protocol for private data verification, has opened its Pre-alpha Testnet for public testing. Built on the bedrock of Multi-Party Computation (MPC), Zero-Knowledge Proofs (ZKP), and Three-party Transport Layer Security (3P-TLS), zkPass introduces TransGate—a gateway empowering users to selectively and privately validate their data from any HTTPS website. This encompasses diverse data […]

China Clarifies Legal Status of Virtual Currencies, Outlines Protection for Property Rights

The People’s Court of China has issued a report that clarifies the legal status of virtual currencies in the nation. It states that virtual currency is not classified as an illegal item and is protected by law as legal property. The report suggests a unified strategy that draws upon both criminal and civil law to […]

Beware of Infamous Chisel Malware Targeting Crypto Wallets and Exchanges

The National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI) and the National Cyber Security Centre (NCSC) have issued a joint advisory report warning users to be aware of a new malware called “Infamous Chisel”. This malware is being used to target crypto wallets and exchanges, and is linked […]

Cryptocurrencies Ether and Bitcoin Classified as Commodities in Dismissal of Uniswap Lawsuit

A New York court has classified cryptocurrencies ether and bitcoin as “commodities” while dismissing a proposed class action lawsuit against decentralized crypto exchange Uniswap. The lawsuit, filed in April 2022, alleged that Uniswap violated U.S. securities laws by failing to register as an exchange or broker-dealer, offering and soliciting securities on an unregistered exchange. The […]

Crypto Prices Dip as Bitcoin Retests $26k, September Could be Bumpy Ride

Cryptocurrencies were largely down on Friday, September 1 as major caps slid amid a surprising decline likely fueled by latest delays for spot Bitcoin ETFs. Bitcoin (which has retested levels under $26k) and Ethereum (prices have dipped under $1.7k) lead the 24 hour rot. Most top 20 coins are in the red. CoinGecko data also […]

SEC Delays Decision on Bitcoin ETFs

The U.S. Securities and Exchange Commission (SEC) has delayed the announcement of results for seven leading applicants who want to launch a publicly traded Bitcoin fund (ETF) in the U.S. In seven separate applications, the SEC stated that it needs additional time to review the proposed rule change for the approval of Bitcoin spot ETFs. […]

PINS IEO on LBank Delivers Impressive Returns for Investors

LBank, one of the top crypto exchanges established in 2015, recently held an Initial Exchange Offering (IEO) for PINS, a content-driven social networking and GameFi platform. The IEO was a success, with 34,587 participants investing a combined 51,556,343 USDT. The IEO had a hard cap of $1000 in USDT for those who reached the maximum […]

Bitget Launches Futures Copy Trading Contest with 2.65 Million USDT Prize Pool

Bitget, a leading cryptocurrency exchange, is hosting the King’s Cup Global Invitational (KCGI) 2023, a crypto trading tournament with a prize pool of up to 2,650,000 USDT. The tournament includes a Spot Trading Contest, Demo Trading Contest, and Futures Trading Contest, as well as special events such as a roulette game and live roulette session. […]

WEMIX Listed on TAPBIT Exchange, Expanding Global Ecosystem

TAPBIT, a global cryptocurrency exchange founded in 2021, has listed WEMIX, a utility coin of the world’s biggest blockchain gaming platform WEMIX PLAY, on August 31st. TAPBIT provides secure trading services with a Money Service Business (MSB) licence issued by the Department of the Treasury, United States. It supports more than 200 cryptocurrencies, spot trading, […]

CoinW Appoints Sonia Shaw and Carmen Tan as Brand Ambassadors and Crypto Evangelists

CoinW, a prominent exchange chosen by over 9 million users worldwide, is proud to announce the strategic appointments of Sonia Shaw and Carmen Tan as CoinW’s brand ambassadors and crypto evangelists. Leveraging their extensive expertise and diverse backgrounds, Shaw and Tan will play pivotal roles in fostering increased awareness, comprehension, and adoption of crypto and […]