US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.
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Bybit denies $1.4M listing fee, school promo accusations on X
Bybit told Cointelegraph that it requires a $200,000–$300,000 security deposit to ensure that projects meet promotion requirements. 4199 Total views 1 Total shares Crypto exchange Bybit has denied claims that it charges $1.4 million to list a token on its platform, following allegations made by a social media user with over 100,000 followers. On April

El Salvador acquired over 13 BTC since March 1, despite IMF deal
President Nayib Bukele shows no sign of abandoning the BTC treasury strategy as Bitcoin continues to gain international legitimacy. 8322 Total views 16 Total shares El Salvador acquired 13 Bitcoin (BTC) since March 1, despite International Monetary Fund (IMF) pressure on the country's public sector to stop accumulating the decentralized store of value asset. According

Pike Finance exploited for $1.6M in second incident in 3 days
A smart contract vulnerability led to nearly $2 million worth of lost funds within three days on Pike Finance, which is offering a 20% reward for the stolen assets.

CEO of Alleged $16M Cryptocurrency Scam Declared Bankrupt
VaultAge Solutions CEO has been tracked down by South African authorities and angered investors. 1416 Total views 35 Total shares Willie Breedt, a South African national accused of stealing up to $16.3 million from around 2,000 investors via his VaultAge Solutions scheme, has reportedly been forced into bankruptcy by a local court.According to a recent…

Bitcoin price risks $17K amid claim Binance may reject FTX takeover
Bitcoin (BTC) fell below $17,000 on Nov. 9 as rumors spread over crypto exchange Binance exiting a deal to buy embattled competitor FTX.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance CEO: "Do not trade FTT"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $16,936 on Bitstamp before rebounding.The latest dive hit an already shaky market, which…

Coinbase CEO’s stock sale was probably not planned to occur a day ahead of SEC suit
Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing. 470 Total views 3 Total shares Coinbase CEO and co-founder Brian Armstrong sold company shares the day before the United States Securities and Exchange Commission (SEC) filed…

BNB Chain confirms BSC halt due to ‘potential exploit’
Rumors of a significant hack on the BNB Chain were confirmed by the blockchain's team, with all deposits and withdrawals suspended on the network. 1363 Total views 13 Total shares

People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
The Shenzhen branch of the People's Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies. 107 Total views 35 Total shares The Shenzhen branch of the People’s Bank of China is taking a hardline approach to cryptocurrency-related activities deemed illegal. According to a report…