Elon Musk’s social media platform, X, is under scrutiny for alleged DSA violations, with potential fines reaching $200 million.
Category: Ethereum News
Crypto-Sec: Evolve Bank suffers data breach, Turbo Toad enthusiast loses $3.6K
This week’s cybersecurity news from around the crypto space covers bug fixes, phishing scams, crypto exchange hacks and more.
Mainland China to ‘unban’ Bitcoin? Community says ‘unlikely’
Mainland China has repeatedly banned certain activities related to Bitcoin, but it has somehow still remained a major player in activities like Bitcoin mining.
Hong Kong flags 7 unregulated crypto exchanges for noncompliance
The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety.
South Korea’s ruling party proposes to delay crypto tax to 2028
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule.
BitConnect promoter banned for 5 years by Sydney District Court
John Bigatton has been convicted for unlicensed financial advice, impacting the credibility of Australia’s financial sector.
Tornado Cash developer Alexey Pertsev denied bail while awaiting appeal
Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges.
Ether ETFs on the move, Messi promotes memecoin, and more: Hodler’s Digest, July 7-13
VanEck and 21Shares submit updated Ether ETF filings, Goldman Sachs to launch tokenization products, and Messi promotes memecoin.
Whistleblowers asked the SEC to investigate OpenAI over alleged illegal NDAs
The complainants called the matter “urgent,” but it remains unclear if the SEC will open an investigation.
Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets.