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Groups filing amicus briefs against prediction markets giant Kalshi continue to grow in number as 34 state attorneys general, several tribes, the American Gaming Association (AGA), and more side with the state of New Jersey. The legal dispute started when Kalshi filed a lawsuit in district court, aiming to block New Jersey, one of the defendants, from enforcing a cease-and-desist letter directed at its sports-related event contracts. While Kalshi has pursued several lawsuits against states and their gaming regulators, this is the first case to advance to the appellate stage, drawing a wave of amicus briefs due to its wider...

18.06.2025

10 Heartwarming Stories of Parental Love and Support Through Life's Challenges

Garik K. When life hits hard, its often a parents love that becomes the anchor. These 10 deeply personal stories, told by sons and daughters themselves, show what it really means to be there, through grief, illness, failure, and fear. If youve ever needed a reminder of how powerful quiet, steady love can be, this ones for you. � Andrea Piacquadio / Pexels They never sheltered me. That covers everything from seeing the diversity of society (rich, poor, healthy, sick, etc) to experiencing my own personal disappointments (losing in sports, saying no when asked to buy me a new video...

18.06.2025

Ultimate Guide to Managing Cookies and Privacy Settings

We and our partners store and/or access information on a device. Cookies, device or similar online identifiers (e.g. login-based identifiers, randomly assigned identifiers, network based identifiers) together with other information (e.g. browser type and information, language, screen size, supported technologies etc.) can be stored or read on your device to recognise it each time it connects to an app or to a website, for one or several of the purposes presented here. With your consent, your data can be used for the following: Personalised advertising and content, advertising and content measurement, audience research and services development; Precise geolocation data, and...

18.06.2025

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Matter Labs Refutes Insider Minting Claims

By Philip Maina 1 month agoFri Jul 05 2024 17:47:29 Reading Time: 2 minutes Matter Labs has refuted accusations that its NFT project was marred with insider minting activities Some of those who leveled insider trading claims against the project said that the company’s employees sent the collectibles to friends and other ineligible members Matter Labs maintained that the NFTs were minted by eligible collectors who weren’t employees zkSync’s creator Matter Labs has distanced itself from accusations that it allowed its employees to have a head start in mining collectibles tied to the Libertas Omnibus NFT collection . According to...

GOMINING Token to be Listed on HTX Crypto Exchange

Road Town, Tortola, British Virgin Islands, July 5th, 2024, Chainwire GoMining, a premier Bitcoin mining operator redefining the industry’s accessibility through their innovative NFTs, each backed with a real share of BTC hashrate, has revealed the upcoming listing of the GOMINING token on the HTX crypto exchange. GOMINING, the utility token of the GoMining platform, will be listed on the HTX crypto exchange on Monday, July 8, according to a joint statement made by HTX and GoMining. GOMINING deposits will kick off at 2:00 pm (UTC) on July 6, two days before the spot trading for the GOMINING/USDT pair will...

EU Crypto Exchanges Face New ‘Travel Rule’ Regulations in Six Months

TLDR The European Banking Authority (EBA) has issued new ‘travel rule’ guidelines for crypto exchanges and service providers These guidelines will come into effect on December 30, 2024, giving companies 6 months to prepare The rules require reporting of information on transfers of funds and crypto assets to combat money laundering and terrorist financing Crypto asset service providers (CASPs) will be subject to the EU’s Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) regime The European Banking Authority (EBA) has announced new ‘travel rule’ guidelines that will apply to crypto exchanges and service providers operating in the European Union. These regulations,...

Singapore heightens risk factor of exchanges to counter terrorist financing

The Monetary Authority of Singapore (MAS) has increased the risk level for digital asset exchanges in an update to the country’s laws on combating the financing of terrorism (CFT). Under the update, digital asset exchange platforms—what MAS refers to as digital payment token (DPT) service providers—were elevated from medium-low to medium-high risk, the same level as banks. MAS, the central bank and financial regulatory authority of Singapore, issued updates to the country’s Terrorism Financing National Risk Assessment (NRA) and National Strategy for Countering the Financing of Terrorism on July 1, with the aim of preventing the exploitation of the city-state’s...

Electrocoin launches its new cryptocurrency exchange platform, Electrocoin Trade

One of the biggest cryptocurrency exchange services in Croatia, Electrocoin, has recently launched their new cryptocurrency exchange platform called Electrocoin Trade, providing services for natural and legal clients in the EU. The platform includes two core services – cryptocurrency exchange and trading service without prior registration to the platform, and cryptocurrency exchange and trading service for registered users. This way, and following the recent regulatory development in the area of crypto regulation, Electrocoin introduced the new custodial model to their service, allowing them to act as a custodian for the assets clients chose to hold on their Electrocoin Trade accounts....

Crypto exchanges subject to EU Travel Rule in 6 months

New EU regulations mandate crypto exchanges to comply with Travel Rule guidelines, enhancing AML/CFT measures starting Dec. 30. 14112 Total views 9 Total shares Own this piece of crypto history Collect this article as NFT In a significant move to bolster Anti-Money Laundering (AML) measures, the European Banking Authority (EBA) announced the extension of Travel Rules guidelines to crypto service providers and their intermediaries. Crypto exchanges operating in the European Union will be subject to Regulation (EU) 2023/1113 (Travel Rule guidelines) from Dec. 30, which mandates reporting information on transfers of funds and crypto assets. Source: EU Banking Authority As...

Venom Expands into India with Dual Listings on WazirX and CoinDCX

2024-07-05T09:52:53.880+02:00 F r i d a y , 0 5 / 0 7 / 2 0 2 4 | 0 9 : 5 2 G M T + 2 by FM India has emerged as a vital hub for blockchain and crypto. Venom Foundation is pleased to announce a major milestone in its global expansion strategy: the listing of its native token, $VENOM, on two of India’s leading cryptocurrency exchanges, WazirX and CoinDCX. This pivotal move grants Venom access to a massive user base in the world’s most populous country, further driving the adoption and visibility of $VENOM."We are thrilled...

German Government Shifts Another 1,300 BTC

By Mark Hunter 1 month agoFri Jul 05 2024 07:38:46 Reading Time: 2 minutes Bitcoin’s price has continued to tumble overnight after the German government moved another 1,300 bitcoins to exchanges The MtGox trustee also sent 47,228 bitcoins to a new wallet ahead of creditor repayments This combination of fear and selling pressure has seen Bitcoin drop to $53,500, down $20,000 in the last month Bitcoin’s price continued to tumble overnight as the German government moved another 1,300 bitcoins to exchanges and the MtGox trustee sent 47,228 to a new wallet ahead of creditor repayments. The potent combination of fear...

Mt. Gox begins repayments in Bitcoin and Bitcoin Cash

The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the rehabilitation plan. 8947 Total views 32 Total shares Own this piece of crypto history Collect this article as NFT Mt. Gox, the collapsed crypto exchange, has begun repaying its debts in Bitcoin and Bitcoin Cash. Repayments are being made to some rehabilitation creditors via designated crypto exchanges per its rehabilitation plan. According to an X post by the MtGoxBalanceBot account, the total Bitcoin BTC $59,442 balance on all known addresses of the Mt. Gox Trustee is 94,457 BTC, with 47,288 BTC being moved from these...

Justin Sun’s Rescue Bid: Sparked by German Government’s Bitcoin Sale

Controversial Tron founder, Justin Sun, has made a bold offer to protect retail investors and purchase the remaining $2.3 billion in Bitcoin seized by the German government, which it is currently preparing to sell on the open market. This comes after Germany moved $75 million worth of Bitcoin to exchanges, causing a significant market drop. Source: https://x.com/justinsuntron/status/1808828661401072092 Over the past two weeks, Germany’s actions have led to the transfer of hundreds of millions in Bitcoin, heavily impacting market prices. Bitcoin’s value has plummeted to $84,567.67 AUD, marking a 5% decrease since yesterday and a 7% drop over the past week,...

Don’t believe the ‘crypto’ hype: SEC wins partial victory over Binance.US

The U.S. Securities and Exchange Commission (SEC) won a solid TKO over Binance, despite the digital asset exchange’s desperate post-ruling efforts to claim victory. On June 28, Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia issued a memorandum opinion on the 13 charges in the SEC’s civil complaint against Binance. The suit, filed in June 2023, accused Binance, Binance.US, and Binance founder Changpeng ‘CZ’ Zhao of engaging in an “extensive web of deception, conflicts of interest, lack of disclosure and calculated evasion of the law.” Jackson’s opinion dismissed one charge outright and partially dismissed...

German MP urges government to stop selling Bitcoin

German MP urges government to stop selling Bitcoin Assad Jafri · 1 month ago · 2 min read Cotar condemned the government's move, contrasting it with discussions in the US, where Bitcoin is being considered as a strategic reserve currency. 2 min read Updated: Jul. 4, 2024 at 10:17 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Bundestag member Joana Cotar strongly criticized the German government’s recent decision to sell a substantial portion of its Bitcoin holdings. The German government recently moved over $195 million worth of Bitcoin to various crypto exchanges, including...

Shiba Inu Whale Wallet Makes Waves Purchasing 583.7B Tokens Amid Market Collapse

You are here: Home / News / Shiba Inu Whale Wallet Makes Waves Purchasing 583.7B Tokens Amid Market Collapse A massive whale wallet has accumulated over 583.7 billion Shiba Inu tokens from the crypto exchange Binance. This transaction comes as Shiba Inu (SHIB) slumps to the $0.000015 region. The market is volatile, with prices dropping and investors reacting in varied ways. On May 29, Shiba Inu hit a high of $0.00002945. It has since fallen 45.87%, breaking the $0.000016 support and hitting a 19-week low. Despite the downturn, some see it as a chance to buy the dip, as shown...

German Government Moves Over $75 Million in Bitcoin to Exchanges

The German government transferred another $75 million in Bitcoin to exchanges, adding to its recent sales of seized reserves that have totaled over $390 million amid concerns over potential market impacts. The German government transferred another $75 million in Bitcoin to exchanges, adding to its recent sales of seized reserves that have totaled over $390 million amid concerns over potential market impacts. The German government has transferred another chunk of its massive Bitcoin reserves to exchanges. According to blockchain data, the German Federal Criminal Police Office (BKA) moved roughly $75 million worth of Bitcoin across multiple transactions on July 4th....

DraftKings NFT Lawsuit Dismissal Fails

By Mark Hunter 1 month agoThu Jul 04 2024 07:45:56 Reading Time: 2 minutes A US judge has denied DraftKings’ motion to dismiss a class action lawsuit involving its NFTs The lawsuit claims DraftKings’ NFTs are investment contracts and could be securities Judge Denise Casper ruled that the NFTs could constitute a security A US federal judge in Massachusetts has ruled against DraftKings’ attempt to dismiss a class action lawsuit initiated by purchasers of its non-fungible tokens ( NFTs ). The lawsuit contends that these NFTs are investment contracts, potentially classifying them as securities under US law. The case was...

IRD targets cryptocurrency users not declaring it in taxable income

Navigation for News Categories (file image) Photo: RNZ / Richard Tindiller Inland Revenue (IRD) says it is honing in on customers who are not declaring income from cryptocurrencies in their tax returns. Cryptocurrencies are treated as a form of property for tax purposes, and what people make from selling, trading or exchanging them is taxable. Spokesperson Trevor Jeffries said IRD had identified 227,000 cryptocurrency users in New Zealand who had made about 7 million transactions with a value of $7.8 billion in the last tax year. "We want customers and tax agents to know that we are stepping up our...

When Do Secondary Token Sales Violate Howey?

A federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Late Friday, Judge Amy Berman Jackson from the U.S. District Court for the District of Columbia ruled that the Securities and Exchange Commission had brought plausible allegations against Binance, Binance.US and Changpeng Zhao, refusing to dismiss most of the...

XTZ Refreshes Decade Old Roadmap, As 100x Raboo Sets To Replace LINK On Binance

Tezos (XTZ) announced that it launched a significant upgrade of its original plan in 2010, offering new prospects to the strategic plan. On the other hand, Chainlink (LINK), famous in the blockchain industry, has declined relatively recently and needs to perform better to maintain its market rank. Raboo, a relatively new crypto, is set to replace LINK on the Binance exchange in an exciting turn of events. This transition marks a pivotal moment for all involved. Read on as we analyse these developments and uncover the future for XTZ , LINK , and the rising star, Raboo. The Tezos blockchain...

Blur User Loses 49 NFTs to Scammers

By Philip Maina 1 month agoWed Jul 03 2024 10:00:37 Reading Time: 2 minutes An NFT collector on Blur NFT has lost 49 collectibles valued at over $200,000 to scammers The scammers used sophisticated methods to steal the NFTs despite Blur having measures to prevent such scenarios The lost collectibles included six Bored Apes, 40 Beanz, and three Elementals An NFT collector is counting losses after 49 of their collectibles were maliciously sold on the Blur NFT exchange . The sale was conducted through a sophisticated scheme that allowed the scammers to bypass measures put in by Blur to safeguard...

Tigran Gambaryan Health Records Still Not Released

By Mark Hunter 1 month agoWed Jul 03 2024 07:02:24 Reading Time: 2 minutes The health records of Binance’s detained executive, Tigran Gambaryan, have still not been released Gambaryan’s family has warned he has malaria and double pneumonia, accusing Nigerian authorities of a cover-up Records have been withheld despite court orders, with the judge demanding their release by Friday The health records of Binance’s detained executive, Tigran Gambaryan, have still not been released amid concerns that his condition is worsening. Gambaryan’s trial continued this week, with his family warning that Gambaryan has malaria and double pneumonia and accused Nigerian authorities...

PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance

On-chain data shows a PEPE whale has withdrawn a large amount of the memecoin from Binance today, a sign that could be bullish for its price. PEPE Whale Has Made A Large Outflow From Binance In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a massive Pepe transaction has been spotted on the blockchain during the last 24 hours. The transfer involved the movement of 1,286,733,285,955 tokens on the network, worth more than $14.7 million when the transaction went through. Given this large scale, it’s likely that a whale entity was responsible for the...

Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds

The first Securities and Exchange Commission witness in Nigeria's trial against Binance and its executives has been cross-examined. The money-laundering trial reconvenes on July 5. Tigran Gambaryan's health is deteriorating in jail, his family said. Nigeria's money laundering trial against Binance and two executives was adjourned until July 5 following the cross-examination on Monday of the first witness from the country's Securities and Exchange Commission. The court was also made aware that, despite several court orders, the prison where Tigran Gambaryan is being held has not released the medical records from his only visit to hospital, which took place a...

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Legal Battle Intensifies: 34 State Attorneys General and AGA Side Against Kalshi

10 Heartwarming Stories of Parental Love and Support Through Life's Challenges

Ultimate Guide to Managing Cookies and Privacy Settings

All News

Matter Labs Refutes Insider Minting Claims

GOMINING Token to be Listed on HTX Crypto Exchange

EU Crypto Exchanges Face New ‘Travel Rule’ Regulations in Six Months

Singapore heightens risk factor of exchanges to counter terrorist financing

Electrocoin launches its new cryptocurrency exchange platform, Electrocoin Trade

Crypto exchanges subject to EU Travel Rule in 6 months

Venom Expands into India with Dual Listings on WazirX and CoinDCX

German Government Shifts Another 1,300 BTC

Mt. Gox begins repayments in Bitcoin and Bitcoin Cash

Justin Sun’s Rescue Bid: Sparked by German Government’s Bitcoin Sale

Don’t believe the ‘crypto’ hype: SEC wins partial victory over Binance.US

German MP urges government to stop selling Bitcoin

Shiba Inu Whale Wallet Makes Waves Purchasing 583.7B Tokens Amid Market Collapse

German Government Moves Over $75 Million in Bitcoin to Exchanges

DraftKings NFT Lawsuit Dismissal Fails

IRD targets cryptocurrency users not declaring it in taxable income

When Do Secondary Token Sales Violate Howey?

XTZ Refreshes Decade Old Roadmap, As 100x Raboo Sets To Replace LINK On Binance

Blur User Loses 49 NFTs to Scammers

Tigran Gambaryan Health Records Still Not Released

PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance

Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds