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Bitrace highlights rising crypto fraud risk as trading platforms introduce web3 wallets

The integration of web3 wallets into mainstream trading platforms heralds a new era in digital finance, blending the realms of cefi and defi while also raising concerns about increased vulnerability to crypto fraud. According to Bitrace and WuBlockchain, the integration of web3 wallets into mainstream trading platforms like OKX and Binance

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Sen. Elizabeth Warren highlights risks of crypto scams targeting senior investors

Senator Elizabeth Warren’s proposed Digital Asset Anti-Money Laundering Act, aimed at combating crypto-related scams, ignites a complex debate over the balance between regulation and innovation in the digital finance arena. In a Nov. 16 hearing, Senator Elizabeth Warren (D-Mass) voiced concerns about cryptocurrency’s role in financial scams, particularly those targeting older

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Indian Supreme court rejects crypto petition, highlights legislative nature

The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India.According to a report, the bench headed by the Chief Justice of India (CJI), after listening to the plea, remarked that the petitioner’s demands

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Data highlights Bitcoin’s potential path to $40K amid global economic turbulence

Bitcoin (BTC) has been trading within a narrow 4.5% range over the past two weeks, indicating a level of consolidation around the $34,700 mark. Despite the stagnant prices, the 24.2% gains since Oct. 7 instill confidence, driven by the impending effects of the 2024 halving and the potential approval of a

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LedgerX highlights CFTC regulatory gap in customer asset rules

The U.S. Commodity Futures Trading Commission (CFTC) has focused its attention on how companies handle customer assets. Nevertheless, this fresh regulation does not fully encompass the innovative model of the crypto platform LedgerX, leaving key operational aspects subject to regulatory oversight.Regarding regulations, the recent CFTC proposal seeks to enhance the

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Bitcoin options data highlights traders’ belief in further BTC price upside

The recent gains are a rare sight in 2023, even considering Bitcoin's impressive 108% year-to-date performance. Notably, the last instance of such price action occurred on March 14 when Bitcoin surged from $20,750 to $26,000 in just two days, marking a 25.2% price increase.Deribit BTC options daily volume, in BTC.

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Bitcoin Amsterdam highlights hurdles for consensus over improvement proposals

Bitcoin core developers have long been at odds over Bitcoin improvement proposals (BIPs) to address the pain points of the protocol, as was apparent in a heated panel discussion during Bitcoin Amsterdam 2023.Long-time Bitcoin developers Paul Sztorc and Peter Todd brought this to the fore in Amsterdam, with the latter

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