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Tag: News

Bitcoin Payments Get Green Light in California

Bitcoin Payments Get Green Light in California

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The California State Assembly passed AB 1180 with a unanimous 68-0 vote, allowing the state to accept payments in Bitcoin and other digital currencies. The bill, described as a “first-of-its-kind” initiative by Assemblymember Avelino Valencia, now heads to the Senate for further deliberation. This move could set a precedent for cryptocurrency adoption across the U.S., potentially influencing other states to follow suit. In...

Bitcoin, Crypto adoption, Cryptocurrencies, Ethereum, Front page, News

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Crypto ATM Scams Surge in Australia

Crypto ATM Scams Surge in Australia

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New Regulations: AUSTRAC imposes $5,000 transaction limits, enhanced customer due diligence, and mandatory scam warnings on crypto ATMs. Harro’s Empires Sanctioned: The small South Australian crypto ATM operator had its registration revoked for non-compliance. Scam Statistics: Australians lost $3 million to crypto ATM scams in the past year, with 72% of victims aged over 50. Common Scams: Romance, investment, and extortion scams...

Cryptocurrencies, Front page, News

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.3 Billion in Crypto Tokens Set to Unlock in June 2025

$3.3 Billion in Crypto Tokens Set to Unlock in June 2025

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Total Unlocks: $3.3 billion in crypto tokens will be unlocked in June 2025, a 32% decrease from May’s $4.9 billion. Major Projects: Significant releases include Sui ($160 million) on June 1 and Metars Genesis ($193 million) on June 21. Unlock Mechanisms: $1.4 billion will be released through cliff unlocks, while $1.9 billion will follow a linear release schedule. Market Impact: The influx of tokens may lead to...

Cryptocurrencies, Front page, News

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SEC Drops Binance Lawsuit and Greenlights Staking Networks

SEC Drops Binance Lawsuit and Greenlights Staking Networks

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The U.S. Securities and Exchange Commission (SEC) voluntarily dismissed its civil lawsuit against Binance, the world’s largest cryptocurrency exchange, on May 29, 2025, marking a shift in regulatory approach. The SEC reportedly clarified that certain staking activities on proof-of-stake networks do not constitute securities transactions, reducing uncertainty for projects like Ethereum and Solana. These moves signal a potential thaw...

Front page, News, Staking

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21 shares Dogecoin ETF

21Shares Files for Spot Dogecoin ETF

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21Shares’ Filing: Digital asset manager 21Shares has filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin (DOGE) ETF, aiming to track the memecoin’s price. Partnerships: The ETF will partner with the House of Doge, the corporate arm of the Dogecoin Foundation, for marketing, with Coinbase Custody as the proposed custodian. Market Context: Dogecoin, with a $24.2 billion market...

DeFi, ETF, Front page, News

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