The Dubai court's judgment is different from the 2023 decision. The ruling recognizes contractual agreements regarding crypto wages. The Dubai Court of First Instance has recognized crypto payments for salaries under employment contracts in a landmark ruling. Posting By Vassell & Vassell Law Firm. The ruling marks a shift in the UAE's legal approach to … Read more
The UK's National Crime Agency reports on serious and organized crime. $5.1 billion in illegal crypto transactions linked to the UK annually. Crypto is mostly used to launder non-digital assets like cash. According to one, it is estimated that $5.1 billion of illegal crypto transactions are linked to the UK annually. Report By the National … Read more
Malaysia signs deal with Worldcoin Digital proof of humanity made available through iris scans. Malaysia's national blockchain could be a bridge to the global chain. MIMOS Berhad, the Malaysian government's applied research and development arm, has signed an agreement with Worldcoin Foundation, Tools for Humanity and MyEG to integrate Worldcoin technology into the country's digital … Read more
Fairshake is one of the US's largest super PACs. Most of its contributions come from Coinbase, Ripple and a16z. However, there are some smaller fish in the mix. Coinbase, Ripple and Andreessen Horowitz are funding heavyweights in the 2024 election. The three companies and their staff have donated about $136 million to Fairshake, a pro-crypto … Read more
Ether's supply has been increasing since mid-April. This is a result of lower transaction costs in Layer 2 networks. Ethereum's faithful survived this problem. The exorbitant transaction fees that plagued the Ethereum blockchain have become a thing of the past. In recent weeks, fees on the network have dropped to around $0.06 for a typical … Read more
The concept of beauty is an intricate tapestry woven from individual perspectives and cultural influences. While the notion of beauty remains subjective, society often engages in conversations about the most beautiful women in the world. What one person finds beautiful, another may not. However, there are certain qualities that are generally considered attractive, such as … Read more
Eric Trump continues to tease an upcoming crypto project. Several politically themed memecoins have skyrocketed following his latest comments. Joke Cryptocurrencies have become climates for political winds this year. The Donald Trump-themed memecoin is up nearly 200% in the past 24 hours, after the former president's second son again teased an upcoming crypto project. It's … Read more
Investment banks own a lot of crypto, as shown in the disclosure. This makes public pensions more comfortable with crypto, Hashdex argues. The investment banks are Goldman Sachs and Morgan Stanley Revealed They own $600 million in US spot bitcoin exchange-traded funds, according to regulatory filings. According to Hashdex, this is a bullish sign for … Read more
Anchored Coins stopped accepting customers and the stablecoin paused withdrawals. The Swiss stablecoin issuer is one of the affected customers of the bankrupt FlowBank SA.AEUR stablecoin owners. The Ongoing collapse The $781 million Swiss bank FlowBank is making waves across the crypto industry and threatening the stablecoin's existence. This is because Anchored Coins AG, the … Read more
Chinalysis writes that digital deviants stole more than $1.6 billion in 2024, but overall illegal activity declined. It also explains the main reason why the value of stolen funds has increased. Criminals are on track to steal $3 billion in cryptocurrencies this year, according to Chinalysis' top cybercrime researchers. According to a new report from … Read more
Senate Majority Leader Chuck Schumer wants to pass crypto legislation in 2024. Democrats insist Kamala Harris is friendlier to industry than Joe Biden and Donald Trump. Half a dozen prominent Democrats reaffirmed their support for crypto in a virtual “town hall” Wednesday night, including Senate Majority Leader Chuck Schumer, who said he wants to pass … Read more
Ripple's litigation with the US markets watchdog has been seen as a test case for crypto regulation. Now that the case is over, barring appeals, legal experts doubt its legacy. Brad Garlinghouse, Ripple's CEO, was in an obvious celebratory mood after the crypto company's lengthy legal battle with the US securities regulator ended last week … Read more