Taiwan-based exchange BitoPro confirmed an $11.5 million crypto exploit weeks after the breach, saying user funds and withdrawals were unaffected.
Law News
Law is a fundamental system of rules and regulations established by a society to govern behavior and ensure justice. In the context of cryptocurrencies, the legal landscape is intricate and continuously evolving. Cryptocurrency laws encompass regulations related to digital assets, blockchain technology and decentralized finance (DeFi).
Recent years have seen significant developments in crypto law, with governments worldwide working to establish clear guidelines for the industry. These regulations cover taxation, security regulations and Anti-Money Laundering measures. Compliance with these laws is essential for businesses and individuals operating in the crypto space, ensuring legitimacy and investor confidence.
Crypto law news plays a pivotal role in keeping stakeholders informed about changing regulations and their impact on the market. As the crypto industry matures, staying updated with the latest legal developments is crucial for navigating this innovative and complex sector.
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The SEC said protocol staking isn’t a securities transaction, marking a key win for crypto regulation and paving the way for potential ETF staking approval.
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A Manhattan federal court has frozen $57 million worth of USDC allegedly tied to the controversial Libra memecoin.
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Cetus may recover $162 million in stolen funds if the Sui community approves a governance vote, with a full user fund recovery plan already in motion.
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US Representative Bryan Steil wants lawmakers to hold off adding non-relevant items into crypto bills, arguing that political scandals should stay out of legislative text.
1463 - Opinion
As privacy concerns and regulatory demands for age verification collide, zero-knowledge proofs offer a cryptographic solution that keeps your sensitive data safe while satisfying compliance requirements.
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French authorities suspect the possibility of a criminal organization behind two recent crypto-linked alleged kidnappings, Le Parisien reports.
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Coinbase is facing another proposed class-action lawsuit over its user data breach disclosure, but this time, investors are claiming damages from the company’s share price drop.
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Governor Greg Abbott posted to his official X account on May 22, roughly a day after the legislature passed a bill to create a strategic Bitcoin reserve in Texas.
6841 - Overview
The controversial Trump memecoin dinner saw a number of crypto entrepreneurs, as well as sports stars and even anonymous influencers.
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Sui-based DEX Cetus offered the hacker a $6 million white hat bounty offer as the protocols are trying to recover the stolen $220 million, with $162 million remaining frozen.
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Senate Minority Leader Chuck Schumer will reportedly back efforts to amend the stablecoin bill to add guardrails against Trump crypto ties.
9130 - Overview
The Senate is moving ahead on crypto regulation, and some senators have invested in crypto-related companies.
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Jeremy Jordan-Jones was charged with wire fraud, securities fraud, making false statements to a bank and identity theft.
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The US president's intention to host a dinner for people who purchased millions of dollars worth of his memecoin has contributed to slowing or halting crypto bills in Congress.
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