China Eases NFT Ban, Uncertainty Lingers
China is softening its stance on NFTs, with reports suggesting a notable shift in its approach after a year of stringent regulations on blockchain projects.
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Polymarket in focus as CFTC is pushed to ban gambling on US elections
06/08 03:50
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20-Year-Old Florida Man Sentenced for $1M Crypto SIM Swap Scam
A 20-year-old individual from Florida has been sentenced to 30 months in prison for his involvement in a cryptocurrency SIM swap scam that resulted in the theft of nearly $1 million.
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Hui XinSEC Chair Gensler Celebrates Bitcoin White Paper's 15th Anniversary with a Warning to Crypto Firms
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), extended well-wishes to Bitcoin's white paper on its anniversary. While making a playful reference to Satoshi Nakamoto's Halloween costume, Gensler also delivered a strong message to crypto companies, stressing the critical need for adherence to securities laws.
JixuRussian Lawmakers Seek to Restrict Private Crypto Mining
Russian lawmakers are considering a ban on private citizens participating in cryptocurrency mining, with a focus on legalizing mining for registered businesses. This move comes as the Industrial Mining Association is established to influence the industry's trajectory and improve taxation for industrial miners. The integration of cryptocurrencies into the Russian economy may take some time but is expected to increase in state transactions and trade activities.
JixuSharp and A42x Collaborate on User Identification System Using Blockchain Technology
A42x Ltd. has embarked on an exciting joint venture with Sharp Corporation, harnessing the authentication and authorisation infrastructure of 'Myna Wallet' to pioneer a cutting-edge user identification system. This exciting partnership leverages Sharp Corporation's AI technology to enable user identity verification (authentication) and authorisation, granting access to specific actions based on user-owned NFTs and other data.
JoyCrypto Whales Shift Trillions of Shiba Inu Tokens
Crypto whales recently moved nearly 4.5 trillion Shiba Inu tokens, equating to just under $36 million. In the Ethereum space, another sizable transfer saw 150,000 tokens shifted to the Kraken exchange, worth around $270 million. The motives behind these moves remain unknown.
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DeFi project Onyx Protocol has encountered a breach resulting in the loss of approximately $2.1 million worth of ETH to attackers employing a flash loan scam.
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