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Scaramucci Predicts Pro-Crypto Stance from Kamala Harris Administration
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Scaramucci Predicts Pro-Crypto Stance from Kamala Harris Administration

Anthony Scaramucci, former White House communications director, recently stated that a Kamala Harris administration would likely be pro-crypto. In a post on X (formerly Twitter), he suggested that a Harris-led government would sideline anti-crypto figures such as Senator Elizabeth Warren and SEC Chairman Gary Gensler. Scaramucci’s comments come amid debates over which presidential candidate the...

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Controversial Meme Launch Platform Set to Propel Jupiter’s Growth on Solana

Jupiter, the leading decentralized exchange (DEX) aggregator on the Solana network, is now capturing up to 80% of the network’s priority fees through its validator, JupSOL. This move aims to enhance Jupiter’s competitiveness and expand its selection of trades on the Solana blockchain. Over recent months, Jupiter has significantly increased its influence on the Solana...

Telegram Boosts Blockchain Support with Mini Apps and Decentralized Marketplace
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Telegram Boosts Blockchain Support with Mini Apps and Decentralized Marketplace

This month, Telegram will roll out a suite of new features aimed at bolstering its support for blockchain technology and enhancing user experience across its platform. One of the most anticipated updates is the launch of a mini app store within Telegram. This feature will allow developers to create and deploy mini-apps directly within the...

Hong Kong Strengthens Stablecoin Oversight with New Regulatory Plans
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Hong Kong Strengthens Stablecoin Oversight with New Regulatory Plans

The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) have announced plans for a new regulatory framework for stablecoin issuers, following broad public support and feedback from stakeholders. On July 17, these financial institutions released conclusions on creating local stablecoin-related legislation, based on a two-month public consultation period that...

Greece Moves to Regulate Crypto Amid Surging Adoption
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Greece Moves to Regulate Crypto Amid Surging Adoption

Authorities and investors in Greece are increasingly concerned about the lack of clear regulatory and tax frameworks for cryptocurrencies, as digital asset adoption reaches new heights in the country. This concern has been fueled by the rapid growth in cryptocurrency use, particularly among young adults around the age of 30, driven in part by the...

Lazarus Group Suspected in $305 Million DMM Bitcoin Hack
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Lazarus Group Suspected in $305 Million DMM Bitcoin Hack

The $305 million exploit of the Japanese crypto exchange DMM Bitcoin may have been orchestrated by the notorious Lazarus Group. On-chain investigator ZachXBT has identified similarities in the laundering techniques used, suggesting the involvement of this state-sponsored group. Following recent transfers of DMM Bitcoin-linked funds to the online marketplace Huione Guarantee, blockchain security company Elliptic...

SEC Rules BUSD Is Not a Security, Clears Paxos of Enforcement
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SEC Rules BUSD Is Not a Security, Clears Paxos of Enforcement

The U.S. Securities and Exchange Commission (SEC) has decided not to pursue enforcement action against Paxos over its BUSD stablecoin, concluding a year-long investigation. This decision allows Paxos to move forward with new partnerships and business plans without the looming regulatory uncertainty. The ruling follows a recent partial defeat for the SEC in a lawsuit...

Bitwise Faces $2 Million Lawsuit Over Fraud and Negligence Charges
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Bitwise Faces $2 Million Lawsuit Over Fraud and Negligence Charges

The Mukamal family has filed a lawsuit against asset manager Bitwise, seeking $2 million in damages. Filed on Monday, July 8th, the lawsuit implicates Bitwise executives CEO Hunter Horsley, CIO Matt Hougan, and President Teddy Fusaro in alleged fraud, breach of contract, negligence, and a pump-and-dump scheme that resulted in substantial financial losses for investors....