A Florida investment firm bidding to acquire one of the U.S. Navy's key shipbuilders is facing active litigation over an alleged $1.15 million cryptocurrency mining fraud, raising questions about its fitness to control defense infrastructure tied to the AUKUS security pact.
Read full article →A procedural Senate vote on September 15 will determine whether the most comprehensive US crypto legislation ever written advances or dies before the midterms. The outcome matters most in places like Lagos and Lahore.
Malone Lam, 22, faces up to 20 years in federal prison after admitting his role in a social engineering scheme that drained over 4,100 BTC from a single victim in August 2024.
The regulated U.S. prediction exchange crossed a new volume threshold for its commodities segment seven months after launch, outpacing its own crypto segment fourfold at the equivalent stage. For traders in India, Nigeria, and much of Africa, the number is largely academic.
Matthew Dawson, co-founder of the newly formed Ethereum Institutional nonprofit, made his first visit to South Korea on September 7 to meet with South Korean financial institutions, arriving just days after regulators formally committed to rebuilding the country's capital markets infrastructure on blockchain rails by early next year.
The Bitcoin sidechain's bridge nodes were shut down September 6 after a flaw in its underlying code allowed roughly 4,000 BTC to exit the federation's reserve wallet without backing.