Aussies lost $122 million to crypto scams in the last 12 months: AFP

Donald Trump has promised to fire SEC Chair Gary Gensler, whose work at the agency was defined by his animosity toward crypto.

A petition calling on the White House to release Ross Ulbricht, the creator of the dark web marketplace Silk Road, has gathered more than 275,000 signatures.FreeRoss.org — an initiative created by a group of Ulbricht’s family, friends and supporters — has said that the momentum continues to grow and that they feel that a solution…

The National Basketball Association (NBA) notified Brooklyn Nets’ player Spencer Dinwiddie that he cannot tokenize his $34.4 million contract.As The New York Times reported on Sept. 27, the NBA pointed out that Dinwiddie’s initiative goes against the collective bargaining agreement in a statement sent to the outlet. The statement reads:“According to recent reports, Spencer Dinwiddie…

VMware, a Dell subsidiary that brought in $10B in revenue last year, has launched its enterprise-focused blockchain platform. Major cloud computing and virtual machine firm VMware has launched VMware Blockchain, an enterprise-ready blockchain platform.The billion-dollar company, owned by Dell, first teased the blockchain’s development in 2018, through its Project Concord, promising an enterprise-grade platform that…

The price of NORMIE sunk 99% in less than three hours after a smart contract exploit, temporarily gutting its market cap from nearly $42 million to $200,000.

The story of the infamous cryptocurrency exchange Mt. Gox seems to be taking a twist that could bring a relatively happy resolution to one of the most dramatic episodes in the short history of digital money. As the gates are now open for the Japan-based exchange’s creditors to file rehabilitation claims, chances are that most…

The traditional banking system feels threatened by blockchain alternatives as legacy systems underperform in terms of cost and convenience. Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share. According

ETH price dropped to a multi-month low but ETH derivatives data suggests that traders believe the correction is over.

Investors are concerned about the stability of the cryptocurrency market after it was faced with a flurry of adverse news in the past few days.Fortunately, the markets have matured to the extent that negative news no longer provokes wild price swings like they once did in crypto’s early days.The current stability shows that institutional investors…