Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
The top 100 DeFi tokens had a bullish last week of May, with most of the tokens recovering from two weeks of bearish pressure. Go to Source Powered by WPeMatico
Law
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Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit
“This is a securities fraud class action arising from a deliberate course of carnival barking market manipulation and insider trading,” said the amended complaint. Go to Source Powered by WPeMatico
Increasing number of divorce proceedings involve crypto
Lawyers say they are seeing an increasing number of divorce settlements featuring digital assets. Go to Source Powered by WPeMatico
Does the US have a crypto ‘tax loophole’ problem?
The Biden administration wanted to nix a “special tax subsidy for cryptocurrency,” but it wasn’t in the May 28 debt-ceiling bill. Another narrow escape? Go to Source Powered by WPeMatico
Australia asks if ‘high-risk’ AI should be banned in surprise consultation
The Australian government suddenly announced a new eight-week consultation to ask how heavily it should police the AI sector. Go to Source Powered by WPeMatico
EU officials sign Markets in Crypto Assets framework into law
First introduced in 2020, MiCA aims to create a consistent regulatory framework for crypto assets among the European Union member states. Go to Source Powered by WPeMatico
Researchers propose new scheme to help courts test deanonymized blockchain data
A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators. Go to Source Powered by WPeMatico
What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation. Go to Source Powered by WPeMatico
Texas legislative session winds down with crypto bills still in limbo
State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms’ usage of flare gas, both awaiting Texas Gov. Greg Abbott’s approval or veto as of May 29. Go to Source Powered by WPeMatico
Russia scraps plans for a national cryptocurrency exchange
Russia will continue to create new crypto platforms in response to sanctions, State Duma official Anatoly Aksakov said. Go to Source Powered by WPeMatico
