The man in control of the biggest Bitcoin corporate treasury said he shares the objectives but disagrees about the remedy detailed in the proposed temporary fork.
US agencies miss GENIUS Act deadline for final stablecoin rules
US regulators failed to finalize implementing regulations by the GENIUS Act’s one-year deadline, issuing 10 proposed rules instead.
South Korean regulator begins sanctions process against Dunamu: Report
The proceedings come as South Korea’s Virtual Asset User Protection Act lacks explicit sanctions provisions for hacking and computer system incidents, leaving the scope of penalties uncertain.
Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups
Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential, suggesting that this might lead to more partnerships between traditional electronic payment providers and Bitcoin startups.
Kaspersky identifies malware framework targeting crypto investors
Cybersecurity company Kaspersky said a newly identified malware framework is targeting cryptocurrency investors through social engineering tactics and trojanized GitHub apps.
French gambling regulator orders ISPs to block Polymarket
France’s gambling authority has ordered the country’s internet service providers to geoblock Polymarket, citing illegal gambling and market manipulation concerns.
FTX to distribute $900M to creditors in fifth payment round
The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.
Galaxy lands 15-year Texas Tech stadium naming rights deal
Galaxy Digital will rename Texas Tech’s football stadium under a 15-year agreement, expanding its West Texas presence as the state attracts growing crypto investment.
Consensys unknowingly outsourced developer work to North Korean
Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea.
Crypto Biz: When dollars disappear, stablecoins step in
Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny.