United States prosecutors are expected to drop a charge against FTX co-founder Sam Bankman-Fried that alleged he haconspired to make unlawful campaign contributions. In a July 26 letter to District Court Judge Lewis Kaplan, U.S. Attorney Damian Williams said the government was informed by The Bahamas that it did not agree…

Crypto degens have been quick to try and capitalize on a widely-watched hearing where former United States government officials have claimed the existence of alien spacecraft and “biologics.” Testifying under oath at the House Oversight Subcommittee on National Security, David Grusch, a former Pentagon task force member on Unidentified Aerial…

The Web3 ecosystem could become the next golden opportunity for digital marketers, with almost 200 companies already “thinking deeply” about how to utilize the Web3 tech stack. On July 25, Web3 marketing analytics firm Safary released a comprehensive report titled The Web3 Growth Landscape 2023. It noted that the 2010s…

A Reddit user has become the latest example of why crypto users should be more careful when using wallet generators — after the user lost a few thousand dollars worth of Bitcoin (BTC) from their “secure” paper wallet. On July 24, a Redditor by the name /jdmcnair posted on the r/Bitcoin subreddit, asking…

Democratic presidential candidate Robert F. Kennedy Jr. has confirmed he purchased a significant amount of Bitcoin (BTC), earlier this year — buying two BTC for each of his seven children. Speaking in a July 26 Twitter space, Kennedy said the decision came after he received “a lot of criticism” from…

The U.S. Securities and Exchange Commission (SEC) has adopted a new set of rules for financial services that utilize artificial intelligence as of July 26. The SEC’s proposal is designed to tackle potential conflicts of interest arising from companies’ use of predictive data analytics, AI, and related technologies. While the…

Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3 million on July 22. “We suspect Lazarus Group, one of the most powerful hacker organisations, is responsible,” CoinsPaid explained in a…

A key United States House panel has approved a pair of bills that will be key to developing a regulatory framework for cryptocurrencies, that will reduce regulatory red tape for crypto and set clearer rules for the industry. On July 26, the majority of U.S. lawmakers voted in favor of…

Federal prosecutors have requested that Sam Bankman-Fried’s bail be revoked as the former FTX CEO awaits trial, the Associated Press reported on July 26. Earlier, prosecutors alleged that Bankman-Fried leaked the personal writings of Caroline Ellison to the New York Times. Ellison was formerly the CEO of FTX’s sister firm,…