Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded

NASDAQ-listed biopharmaceutical firm Atai Life Sciences says cryptocurrencies like Bitcoin could be key to survival for biotech startups as they wade through years of regulatory approvals.  Atai, which is developing mental health treatments using psychedelics like DMT and MDMA, has become the latest public company to announce plans to buy Bitcoin. It plans to buy

Microsoft's security team revealed a new ransomware that is deployed in human-operated attacks. It uses "brute force" against a target company's systems management server, and mainly has targeted the healthcare sector amid the COVID-19 crisis.According to a series of tweets published by the tech giant on May 27, the human-operated ransomware attack, named "PonyFinal", requires…

The future of crypto adoption will largely depend on which of the competing narratives about digital assets and blockchain’s environmental effects prevails. 315 Total views 15 Total shares Regulation by enforcement, a fast and economical substitute for thorough rulemaking, is widely regarded as some of the U.S. executive agencies’ preeminent approach to crypto regulation. It…

The world will be “nasty” if Bitcoin hits stock-to-flow’s predictions of $288,000 and higher, PlanB warns, as governments will fight for it. The creator of the Bitcoin (BTC) price model, which forecasts $288,000 for BTC/USD by 2024 will “go dark” if his predictions come true.Speaking on the latest edition of the Stephan Livera podcast on…

On its live summit, “The Crypto Winter Recovery Plan,” Cointelegraph Markets Pro revealed how traders could have mostly avoided a gut-wrenching 75% pullback in the crypto market while securing mind-boggling gains. The Cointelegraph Markets Pro team argues that while hodlers tied their capital into a capitulating market, nimble Markets Pro members were able to capitalize on…

Co-founder Josh Fraser said he hopes the compensation plan will help build trust among users as the project moves forward. 2094 Total views 14 Total shares Origin Protocol, a DeFi stablecoin project, will begin accepting claims from users who were affected by a $7 million exploit that occurred back in November 2020.According to a blog…

A controversial bill to ban the use of cash for transactions over $10,000 has been voted out by the Australian Senate 2169 Total views 13 Total shares A bill proposed by Australian lawmakers to ban the use of cash for transactions over $10,000 has been killed by a unanimous Senate vote. One Nation Senator Malcolm Roberts…

A crypto bill that industry advocates previously said would “kill DeFi” has seen an updated draft released online with one commentator saying the U.S. is “finally getting their act together.” 482 Total views 7 Total shares A new draft of the Digital Commodities Consumer Protection Act (DCCPA) bill has started to circulate online, with some…

Palestinian Monetary Authority (PMA) Governor Feras Milhem has revealed that the proto-central bank — which does not issue a domestic currency and operates under highly restrictive political and economic conditions — is exploring the idea of issuing a Palestinian digital currency. Raja Khalidi, director of the Palestine Economic Policy Research Institute, told Bloomberg that “the…