Chinese Internet Regulator Shuts Down Accounts Illegally Touting Crypto Trading
China’s internet regulator shut down social media accounts promoting illegal crypto trading and false stock tips. Fraudsters lured victims with fake promotions and phishing scams amid rising crypto-related crimes.
Pakistan Appoints Bilal Bin Saqib as Special Assistant to PM on Crypto and Blockchain
Pakistan appoints Bilal Bin Saqib as Special Assistant to PM on Blockchain and Crypto, tasked with drafting regulations, launching mining projects, and integrating blockchain into government systems.
Coinbase Investors File Suit Over Alleged Mishandling of User Data Leak
Coinbase faces a class action lawsuit from shareholders over alleged failure to disclose a data breach and regulatory violation, leading to stock price drops and legal scrutiny.
Pakistan Reserves 2,000 MW to Power Bitcoin Mining and AI Centers
Pakistan allocates 2,000 MW of surplus electricity for Bitcoin mining and AI centers, aiming to attract foreign investment and create high-skilled jobs through regulatory support and tax incentives.
Manhattan Crypto Investor Charged in Violent Bitcoin Extortion Plot
A 37-year-old crypto investor faces felony charges for allegedly kidnapping and torturing a man in Manhattan to steal his Bitcoin. The victim escaped after weeks of abuse, leading to the arrest.
How the Crypto Industry Is Responding to the CFTC’s Call on Perpetuals – Decrypt
Crypto industry leaders advocate for U.S. regulation of perpetual futures, highlighting their dominance in derivatives trading and potential to revolutionize markets if properly overseen by the CFTC.
Crypto Investor Charged With Kidnapping, Torturing Man in NYC Over Bitcoin Password – Decrypt
A crypto investor was arrested in NYC for kidnapping and torturing a man to access his Bitcoin wallet. The victim escaped after weeks of captivity, highlighting rising violent crypto thefts.
Banking groups ask SEC to drop cybersecurity incident disclosure rule
US banking groups urge SEC to revoke cybersecurity disclosure rules, citing conflicts with confidential reporting and risks of aiding criminals, impacting public crypto firms like Coinbase.
Coinbase faces another data breach lawsuit claiming stock drop damages
Coinbase faces a class-action lawsuit over stock price drops linked to a data breach and alleged undisclosed UK regulatory agreement violations, causing investor losses.
Pakistan Turns Up The Heat On Bitcoin Mining With 2,000MW Power Allocation
Pakistan allocates 2,000MW of surplus power to Bitcoin mining and AI centers, offering tax breaks to attract foreign investment and boost its digital economy while addressing environmental concerns.
