Vietnamese police foil $1M crypto scam, protect 300 potential victims
Vietnamese police thwarted a crypto scam that has already taken in $1.17 million, saving 300 potential victims and uncovering fictitious tokens.
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Tether onboards head of government affairs from PayPal
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.

Approving a spot crypto ETF is ‘all about political power’ — Perianne Boring
According to the Chamber of Digital Commerce CEO, passing any kind of legislation — including bills on crypto and blockchain — will be "incredibly difficult" in a divided government. 748 Total views 5 Total shares Perianne Boring, founder and CEO of blockchain advocacy group Chamber of Digital Commerce, placed the lack of approval of a…

Why Bitcoin will likely retrace to $54K before the big breakout
Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed between near $54,000.

Delphi Digital Launches Venture Investment Arm
Crypto research and consulting Delphi Digital has launched a VC fund alongside an overhaul of its website. 496 Total views 12 Total shares Digital asset research and consulting firm Delphi Digital has launched a venture capital fund focused on emerging crypto asset projects.A July 30 announcement describes the move as allowing Delphi “to become more…

US Secretary of State Wants to Regulate BTC Like Other E-Transactions
United States Secretary of State Mike Pompeo believes that Bitcoin (BTC) should be regulated the same way as other electronic financial transactions.Security risks of reduced governmental monitoringIn an interview on Squawk Box on Aug. 20, Pompeo pointed out the risk of anonymous transactions associated with crypto, saying:“The risk with anonymous transactions is one that we…

Crypto Biz: As crypto booms, recession looms
America’s pro-crypto policy shift has become a bipartisan commitment as Democrats and Republicans look to secure the US dollar’s influence as a global reserve currency. According to US Representative and California Democrat Ro Khanna, at least 70 of his fellow party members now understand the importance of stablecoin regulation. According to Khanna, Americans can expect

Binance Considering Support for 30 Tokens for US Customers
Major cryptocurrency exchange Binance has announced that it is expanding the number of digital assets available to United States-based customers.Per a blog post published on Aug. 9, Binance is considering support for 30 digital assets on the Binance US marketplace, its cryptocurrency exchange platform accessible to U.S.-based customers.Major tokens under consideration include Bitcoin (BTC), EOS…

Italian Banking Industry Chose Decentralization Over Centralization
In a recent panel, as part of a digital Unitize blockchain conference, ABI chief innovation officer Silvia Attanasio explained why the banking entity chose to go the decentralized blockchain route for Spunta — its blockchain solution built on enterprise blockchain platform Corda. If ABI had gone the decentralized route, the entity would have needed to locate a…