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The U.S. Senate has passed the GENIUS Act, a landmark piece of legislation that for the first time establishes a federal regulatory framework for stablecoins, marking a significant legislative win for the cryptocurrency sector. The bill, which passed with a 68-30 vote, grants the
A cyberattack attributed to a pro-Israel hacking group has compromised over $90 million in cryptocurrency from Iran’s largest digital asset exchange, Nobitex, according to blockchain analytics firm Elliptic. The attackers reportedly transferred the stolen assets into inaccessible “vanity” addresses, effectively removing them from circulation.
BlackRock has made a substantial investment in Ethereum, purchasing 19,070.96 ETH valued at approximately $48.4 million. This move underscores the growing interest of institutional investors in diversifying their portfolios with digital assets beyond Bitcoin. As one of the largest asset management firms
Sunday night. Downtown Vancouver. My son had booked a table for two at Notch8, the signature restaurant at the Fairmont Hotel Vancouver. We called ahead. Jasprit, the hostess, confirmed availability. At 9:40 PM sharp, we took the elevator down less than two
Walk into a café or restaurant in Vancouver today and brace yourself. Not for a warm welcome, not for enthusiastic service, but for a bleak, transactional encounter. The atmosphere is often dreary, shaped by slow-moving staff, a lack of eye
The United Kingdom has handed down its first criminal sentence for unregistered cryptocurrency activity, as Olumide Osunkoya received a four-year prison term for operating an illegal network of crypto ATMs, the Financial Conduct Authority (FCA) announced. Osunkoya was convicted at
An unidentified illness has claimed the lives of more than 50 people in the Democratic Republic of the Congo (DRC) within hours of symptom onset, prompting urgent investigations by local health authorities and the World Health Organization (WHO). The outbreak,
Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of Solana, marking a significant move by asset managers to expand beyond Bitcoin in the cryptocurrency market. The filing, submitted on Friday, underscores the growing
Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one of its cold wallets. The attack, which appears to have exploited vulnerabilities in the exchange’s
Federal Reserve Chair Jerome Powell stated on Tuesday that regulatory policies surrounding banking access should be reassessed, following concerns that the crypto industry is being unfairly excluded from financial services. Powell made the remarks during a Senate Banking Committee hearing,
