Blockchain News Archives

Australia Slaps 10-Year Ban on Adviser Over .6M Crypto Scam

Australia Slaps 10-Year Ban on Adviser Over $9.6M Crypto Scam

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The Australia securities watchdog has imposed a decade-long ban on a former financial adviser who allegedly funneled millions in client funds into a crypto scheme disguised as a fixed-income investment. The Australian Securities and Investments Commission, or ASIC, announced on Thursday that Glenda Maree Rogan is barred from offering financial services or holding any management […]

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Crypto Exchanges Bitget, Bybit Mull Singapore Exit After License Threat — Where Are They Headed Next?

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Two major crypto exchanges, Bitget and Bybit, are reportedly preparing to scale back operations in Singapore following a final warning from the country’s central bank that threatens their ability to serve overseas clients. Both firms have operated in the city-state without a full license and now face a June 30 deadline to comply or withdraw.

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South Korean Police Officer Charged in 9k Crypto Fraud Probe

South Korean Police Officer Charged in $509k Crypto Fraud Probe

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A serving South Korean police officer has been charged with fraud and embezzlement as part of an investigation into a suspected 700 million won ($509,200) crypto fraud scheme. Newsis reported on June 11 that Incheon Metropolitan Police Agency’s Anti-Corruption and Economic Crime Investigation Unit sent the case, involving an unnamed senior superintendent from the Incheon

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Stripe Bets Big on Crypto, Buying Wallet Startup Privy Amid .6T Stablecoin Boom

Stripe Bets Big on Crypto, Buying Wallet Startup Privy Amid $27.6T Stablecoin Boom

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Payments giant Stripe has agreed to acquire crypto wallet infrastructure startup Privy in an undisclosed deal that dramatically expands the company’s cryptocurrency capabilities, according to an X post on Wednesday. 1/ Today, we're proud to announce that Stripe is acquiring Privy. We couldn’t be more excited. Privy will continue as an independent product – but

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Trust Wallet Explores First Major RWA Integration in a Self-Custodial Wallet

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Trust Wallet, a self-custodial wallet with over 200 million users, is preparing to integrate Real-World Assets (RWAs) into its app, according to Trust Wallet CEO Eowyn Chen. Speaking during a panel discussion titled “What World is Crypto Building” at the Proof of Talk conference in Paris on June 10, Chen mentioned that users will eventually

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Peter Thiel-Backed Bullish Files for US IPO to Capitalize on Crypto Market Upswing

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Bullish, the crypto exchange backed by billionaire investor Peter Thiel, has confidentially filed for a US initial public offering, aiming to capitalize on growing investor appetite for digital assets in an increasingly favorable political climate. The Financial Times reported Wednesday that the company recently submitted paperwork to the Securities and Exchange Commission. By using the

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Russia Set to Fine, Confiscate Coins from Illegal Crypto Miners

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Illegal crypto miners operating in Russia could lose their coins and face heavy fines under new rules formulated by the nation’s Ministry of Digital Development, Communications, and Mass Media. Per a report from Forbes Russia, the ministry says its proposal is currently undergoing interdepartmental review. However, if the plans are adopted as-is, Russian law agencies

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CLARITY Act Blazes Through House Panel 47-6, Crypto Rules Near Finish Line

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The U.S. House Agriculture Committee has overwhelmingly approved the Digital Asset Market Structure Clarity Act, commonly known as the CLARITY Act, in a 47–6 vote on June 10. Receiving bipartisan support, H.R. 3633, the CLARITY Act of 2025, has been reported favorably out of the Committee. Working together, we can deliver the certainty and clarity

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Blockchain Adoption Hits 60% of Fortune 500 as SMB Stablecoin Demand Soars

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Blockchain technology is now in active development at 60% of Fortune 500 companies, according to Coinbase’s latest State of Crypto report released on Tuesday. The findings point to a wider shift in how major institutions, small businesses, and investors view the future of money, one increasingly driven by stablecoins and digital assets. 81% of Crypto-Aware

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ChatGPT Outage Freezes Crypto Analysts – Can Traders Survive Without AI Sidekicks?

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A widespread outage struck OpenAI’s flagship AI model, ChatGPT, causing disruption across industries and alarming its vast user base on June 10. The incident quickly escalated into “elevated error rates and latency” affecting both the ChatGPT interface and OpenAI’s API services, according to the company’s status page. As news of the ChatGPT outage spread, users

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