Crypto PACs invest $4M in candidates ahead of Aug. 6 primaries
Missouri, Washington and Michigan residents will be able to vote in primaries for specific candidates backed or opposed by crypto interest groups.
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LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges
A class action lawsuit has been filed against password management service LastPass following a data breach from Aug. 2022.The class action was filed with the U.S. district court of Massachusetts on Jan. 3, by an unnamed plaintiff known only as “John Doe” and on behalf of others similarly situated.It alleges that the data breach of…

Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher than average premium for ad space in its AI-powered search engine.

China: Shenzhen Identifies 39 Crypto Exchanges Defying Trading Ban
Cryptocurrency exchanges operating illegally in one city in China will face the wrath of a joint government effort to oust them, reports claim.On Nov. 22, authorities in Shenzhen have identified a total of 39 exchanges falling foul of China’s cryptocurrency trading ban, according to local news outlet Sanyan Finance. PBoC highlights Bitcoin and Ethereum in probeThe…

Bitcoin briefly loses its spot as top cryptocurrency — Wait, what?
Bitcoin's twin took over the number-one spot on CoinMarketCap. 4492 Total views 9 Total shares Bitcoin's market capitalization was briefly flippened today as Wrapped Bitcoin suddenly gained quadrillions of dollars in value. But crypto aficionados and maximalists need not worry: The move was a glitch on CoinMarketCap, which briefly displayed Wrapped Bitcoin (WBTC) as worth…

Elon Musk: ‘first Starships to Mars will launch in 2 years’
He says crewed missions will begin within 4-6 years depending on whether certain economic and technological challenges can be overcome.

IRS Does Not Consider Fortnite Money as Virtual Currency After All
The Internal Revenue Service (IRS) removed wording on its website that put game currencies as examples of a convertible virtual currency. This clarification is important as a new tax filing requirement obliges taxpayers to report whether they dealt with virtual currencies.The move was first reported by Bloomberg Tax on Feb. 13. Official guidelines on the…

Cardano price drops to level that sparked a 65% ADA rally in March — will history repeat?
Cardano (ADA) price has been rebounding after falling to the worst levels since February 2021. Meanwhile, a technical fractal suggests that ADA's upside retracement could continue in the coming weeks.Can ADA price extend the recovery?ADA's price has started bouncing after testing the same support area that preceded a 65% bull run in March 2022. Specifically, ADA/USD…

Denmark’s largest bank cautious on crypto, but won’t interfere
Danske Bank isn't completely sold on cryptocurrency but said it won't stop its customers from using its services in connection with crypto platforms. 150 Total views 3 Total shares Danske Bank, the largest bank in Denmark, laid out its official position on cryptocurrencies on June 17, when it published a four-point notice describing reasons to…