Ben Waxman, a Democrat representing District 182 in Pennsylvania’s House of Representatives, has introduced legislation “to prohibit elected officials from profiting off cryptocurrency while in office.” Waxman introduced HB1812 on Wednesday with eight Democratic co-sponsors in response to what he called “corruption” perpetuated at the federal level by US President… Listen ⇢

Australia’s markets regulator is set to expand its crackdown on online scams after taking down 14,000 online scams since July 2023, with over 3,000 purporting to involve crypto.  The online scams include investment scams, phishing websites and are found in online advertisements. ASIC Deputy Chair Sarah Court said in a… Listen ⇢

The corporate use of cryptocurrencies is evolving beyond payments, with a number of businesses adopting bitcoin BTC$112,747.38 and other digital assets as core treasury reserves. A report Thursday from rating company Morningstar DBRS cautions that this strategy could heighten credit risk profiles. According to BitcoinTreasuries.net, roughly 3.68 million BTC (worth… Listen ⇢

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is entering a decisive phase after several days of consolidation and heightened volatility just below its all-time highs. The price has struggled to sustain momentum, raising concerns about weakening strength in the current trend. Bulls are… Listen ⇢

XLM traded in a narrow band between $0.39 and $0.41 over a 24-hour stretch ending Aug. 21, reflecting a consolidation phase ahead of a potential move. Sellers repeatedly capped upside at $0.41, while buyers defended support at $0.40, keeping volatility subdued. A gradual dip in volume suggested traders were positioning… Listen ⇢

The non-fungible token sector is taking an upside-down course again in August. Despite the NFT market experiencing a significant boom in 2021 and a subsequent dip in 2022, recent data suggests that the NFT market is regaining renewed interest among investors, with some analysts describing it as a more measured… Listen ⇢

A Bitcoiner lost $91 million in a single transaction to a social engineering attack on Tuesday, with funds then sent to a privacy-focused Bitcoin wallet, according to blockchain investigator ZachXBT. The victim was deceived by impostors posing as crypto exchange and hardware wallet support, losing 783 Bitcoin BTC Bitcoin Market… Listen ⇢

Stablecoins, digital tokens tied to predominantly fiat currencies like the U.S. dollar, will balloon to a $1.2 trillion market by 2028 and even have an impact on U.S. debt markets, Coinbase analysts projected in a Thursday report. The forecast, published by the exchange’s research arm led by David Duong, is… Listen ⇢

As the U.S.’s largest cryptocurrency exchange, Coinbase continues to expand its crypto offerings to better serve its users. On August 21, the exchange announced the official listing of the World Liberty Financial USD (USD1). Built on the Ethereum blockchain, USD-1 is a U.S. dollar-pegged stablecoin created by World Liberty Financial.… Listen ⇢