News archive · Page 59
California Assembly Advances Bill to Restrict Meme Coin Issuance by Public Officials
California lawmakers passed AB 2409, banning public officials from issuing meme coins and limiting digital asset offers linked to them starting in 2027.
Safeguards Needed for Bitcoin-Backed Lending, Says Arch Lending's Himanshu Sahay
Arch Lending's CTO emphasizes the need for qualified custody and no rehypothecation in Bitcoin-backed loans to minimize risks for investors.
Abduction incident highlights growing risks for cryptocurrency owners in France
A French couple was kidnapped in a Bitcoin extortion plot in Rion-des-Landes, leading to one injured and two arrests as authorities investigate.
Bitdeer AI signs $400 million five-year contract ahead of Malaysian data center launch
Bitdeer AI secures a $400 million five-year contract for its Malaysian facility, covering 50% of A102's capacity, set to begin in Q1 2027.
Ripple’s CEO Joins White House Crypto Summit with Major Industry Leaders
Ripple CEO Brad Garlinghouse attended a White House crypto summit with top officials, promoting confidence in U.S. crypto innovation and regulatory clarity.
Ethereum User Falls Victim to Phishing Scheme, Losing 1,010 ETH through Fraudulent Tornado Cash Domain
An Ethereum user lost 1,010 ETH in a phishing attack after using an outdated Tornado Cash bookmark that redirected to a malicious site.
SEC Revises Crypto Innovation Exemption Timeline Amid CLARITY Act Considerations
Securitize reports that the SEC has postponed a crypto exemption due to concerns over the CLARITY Act vote, impacting tokenized securities regulation.
South Korea's Upcoming 22% Crypto Tax to Include Private Wallets and Global Exchanges
South Korea's 22% crypto tax will apply to income from private wallets and foreign exchanges starting Jan 1, 2027, impacting digital asset transfers.
HTX Disclaims Involvement in Alleged Kraken Compliance Complications
HTX denies allegations of involvement in unauthorized cryptocurrency transfers linked to Kraken that led to user fund freezes.
Coinbase launches tokenized securities hub in Abu Dhabi amid regulatory advancements
Coinbase has chosen Abu Dhabi as its global hub for tokenized securities, securing regulatory approval to issue and manage blockchain-backed financial assets.
ASIC Takes Down Over 3,100 Cryptocurrency Scams Amidst Rising AI-Driven Fraud in Australia
ASIC has shut down over 3,100 crypto scams in Australia amid a 182% surge in online fraud, highlighting the growing threat of AI-generated scams.
Core Scientific's Shift from Bitcoin Mining to AI Infrastructure Amid Financial Challenges
Core Scientific's transformation from Bitcoin miner to AI infrastructure provider is driven by $24B in potential revenue contracts, facing debt challenges.
Injective Achieves SEC Transfer Agent Registration, Pioneering Tokenized Securities Infrastructure
Injective has become the first Layer 1 blockchain to secure SEC transfer agent registration, enhancing its capabilities for tokenized securities management.
Federal Court Issues Trading Bans on Ellison and Wang Following FTX Collapse
The CFTC has imposed five-year trading bans and up to ten-year registration bans on Caroline Ellison and Gary Wang, resolving cases linked to FTX's collapse.
BitGo Korea becomes first foreign crypto firm to secure VASP registration amid tightening regulations
BitGo Korea becomes the first overseas crypto firm to secure VASP registration in South Korea, focusing on custody and transfer services for financial institutions.
Trump Advocates for the Clarity Act in Meeting with Crypto Leaders at White House
Trump urges Congress to pass a 'fair version' of the Clarity Act to enhance U.S. crypto regulations and promote innovation during a White House meeting.
Crypto Market Sentiment for 2026-08-19
The crypto market shows mixed sentiments with advances in institutional finance and regulatory clarity, but ongoing security incidents raise risks and concerns.
FalconX and Ethena Announce $1 Billion Secured Lending Facility for Institutional Borrowers
Ethena and FalconX have launched a $1 billion lending facility using USDe assets to provide secured loans for institutional borrowers, enhancing capital access.
Coinbase Introduces Leveraged Perpetual Futures on Base App with Hyperliquid
Coinbase has launched 50x leveraged perpetual futures trading on the Base App, enabling access to over 290 crypto derivative markets via Hyperliquid.
Strive's Pierre Rochard Acquires 15,900 ASST Shares Amid Preferred Stock Gains
Strive director Pierre Rochard buys 15,900 shares of ASST as the company's preferred stock nears par value, signaling confidence in Bitcoin's stability.
