Judge sets Oct 2025 trial for brothers allegedly behind $25M exploit
Shortly after their arrest in May, Anton and James Peraire-Bueno were released on $250,000 bonds until the conclusion of their criminal case. Go to Source
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Young crypto voter affiliation in US swing states split equally — Coinbase
According to research commissioned by Coinbase, roughly 40% of young crypto holders in crucial swing states identify as Democrats — the same percentage as Republicans. Go to Source
Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator
Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose significant security risks. Keeping the Innovation Flywheel Spinning … Read more
Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing that portrayed the Play Store as a secure … Read more
Crypto mixer founder argues 30-year prison sentence is ‘unwarranted’
In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service. Go to Source
California removes teeth from AI law without addressing tech’s core concerns
The law appears more corporate friendly, but the implications for consumers are a bit murkier. Go to Source
Texas Senator discloses up to $100K BTC after blockchain endorsement
After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023. Go to Source
Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada
Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government excessive control over finances, threatening privacy and economic freedom. “It’s time to put an end to creating a central bank digital currency in Canada,” he … Read more
Senate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024
Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year’s end, stressing the importance of collaboration to keep the U.S. at the forefront of innovation. At the “Crypto4Harris” event supporting Vice President Kamala Harris’ campaign, Schumer emphasized the inevitability of cryptocurrency and the need for well-crafted legislation. Schumer Optimistic About Bipartisan … Read more
‘I expect to see no mention of Bitcoin’ — MARA CEO on Harris’ platform
Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations. Go to Source