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Three Arrows Capital Liquidators Win Approval to Increase FTX Claim to $1.53 Billion

3AC liquidators' claim against FTX increased from $120 million to $1.53 billion after court approval.Judge Dorsey ruled FTX caused delays by failing to promptly...

RBA Governor Admits No Power to Probe Excessive Payment Surcharges

RBA Governor Michele Bullock acknowledged the central bank lacks authority to investigate payment service providers engaged in excessive surcharging.Competition is viewed as the potential...

Russia Turns to Cryptocurrencies to Evade Western Sanctions in Oil Trade

Russia's oil companies are increasingly using cryptocurrencies like Bitcoin, Ether, and Tether to facilitate trade with China and India, circumventing Western sanctions.The crypto-enabled oil...

Vermont Drops Case Against Coinbase Over Staking Services

Vermont has dropped its case against Coinbase regarding its staking services, following the SEC's earlier dismissal of its own lawsuit.The state cited new federal...

Solana’s High Inflation Rate Continues as Staking Reform Fails to Garner Support

Solana's proposal to reduce its 4.7% staking rewards inflation (SIMD-0228) has failed to secure the required supermajority, with small validators largely opposing the change.The...

Solana’s Inflation Reform Proposal Fails Vote But Marks Governance Milestone

Solana's SIMD-228 inflation reform proposal has been rejected despite receiving 61.4% approval, falling short of the required 66.67% threshold.The governance vote saw participation from...

Utah Cryptocurrency Bill Passes Without State Investment Provision

Utah passes bill protecting cryptocurrency rights, but removes state investment provisions.Bill sponsor Rep. Jordan Teuscher notes generational divide in blockchain understanding influenced voting.Despite setback...

Bitcoin DeFi Growth Represents “Large Untapped Opportunity,” Binance Report Finds

Binance research indicates only 0.79% of Bitcoin is currently used in DeFi applications, representing a significant untapped opportunity.New DeFi protocols could allow Bitcoin holders...

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Fake Installers Spread Cryptojacking Malware, RATs

A financially motivated group, REF1695, uses fake software installers to deploy cryptocurrency miners and remote access trojans (RATs).The campaign...

Trump Crypto Project Rated Among Industry’s Riskiest

The newly launched ratings firm CORE3 has assigned a 'DDD' risk grade to the Trump family-linked crypto project World...

U.S. Crypto Clarity Act Nears Key Senate Deal

Coinbase Chief Legal Officer Paul Grewal announced lawmakers are nearing a resolution on disputed stablecoin yield provisions within the...

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Peter Todd Plans Punishment for Bitcoin Node “Garbageman” Attackers

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