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Ton Foundation clarifies misleading announcement regarding UAE golden visa

Ton Foundation clarifies misleading announcement regarding UAE golden visa

The TON Foundation has denied claims that it has launched an official UAE Golden Visa initiative, clarifying that no formal partnership exists between the blockchain project and the UAE government. The clarification follows widespread social media reports suggesting that digital asset investors could gain UAE residency through staking TON tokens. Over the weekend, TON promotions […]

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US Court vacates Tornado Cash sanctions ruling, orders Florida case dismissal

US Court vacates Tornado Cash sanctions ruling, orders Florida case dismissal

The Eleventh Circuit Court of Appeals on July 3 vacated the Northern District of Florida’s 2023 order upholding the Treasury’s sanctions against Tornado Cash and instructed the lower court to dismiss the case.  The one-page mandate ends the Coin Center v. Yellen appeal, the only remaining case over OFAC’s August 2022 designation of the Ethereum-based

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US Secret Service Trains 60+ Nations to Track Crypto Scams With Blockchain Tools

US Secret Service Trains 60+ Nations to Track Crypto Scams With Blockchain Tools

The U.S. Secret Service is spearheading a global crackdown on crypto fraud, arming over 60 countries with cutting-edge blockchain tracing skills. Secret Service Expands Global Crypto Fraud Training Network The U.S. Secret Service has quietly established itself as a global training force in the fight against cryptocurrency-related fraud, instructing officials in more than 60 countries

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TON offers UAE golden visa for stakers, making residency by crypto a reality

TON offers UAE golden visa for stakers, making residency by crypto a reality

Telegram’s Open Network (TON) today announced an interesting initiative: a 10-year UAE Golden Visa to investors who stake $100,000 worth of Toncoin (TON) for three years. The program dramatically lowers the entry threshold for residency in the United Arab Emirates and is the first of its kind within the crypto space. How the TON golden

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Mainland China chipmaking capacity set to outpace Taiwan by 2030

Mainland China chipmaking capacity set to outpace Taiwan by 2030

Mainland China chipmaking capacity is accelerating, now poised to become the world’s leading semiconductor foundry hub by 2030, and overtaking Taiwan in total capacity, according to the latest projections from Yole Group. Chinese dominance in this field is fueled by the country’s push to manufacture its own tech as U.S. export restrictions continue to ramp

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Suspicion surrounds mysterious .6 billion Bitcoin move

Suspicion surrounds mysterious $8.6 billion Bitcoin move

Conor Grogan, Head of Product at Coinbase, believes that there is a “small possibility” that the transfer of $8.6 billion worth of Bitcoin (BTC) on July 4 was a hack. Calling his claim “extreme speculation” in an X post on Friday, Grogan said he found the transaction movements to be “extremely odd.” He added: “If

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U.S. House of Representatives declares July 14th “Crypto Week”

U.S. House of Representatives declares July 14th “Crypto Week”

The U.S. House of Representatives has designated the week starting July 14 as “Crypto Week,” as lawmakers consider three landmark bills: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act, in a comprehensive push to establish the United States as a global leader in digital assets. Prominent crypto trader and influencer

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Hackers steal 0M from Brazilian central bank reserve accounts via partner breach

Hackers steal $140M from Brazilian central bank reserve accounts via partner breach

Hackers siphoned about R$800 million ($140 million) from six reserve accounts connected to Brazil’s central bank after breaching São Paulo-based software vendor C&M Software on June 30, according to blockchain investigator ZachXBT and reports from local news outlets. Police said C&M employee João Nazareno Roque sold his corporate login for R$15,000 ($2,770) and later developed

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Turkey blocks access to PancakeSwap, 45 crypto websites in regulatory crackdown

Turkey blocks access to PancakeSwap, 45 crypto websites in regulatory crackdown

Turkish financial regulators have blocked access to decentralized exchange PancakeSwap and 45 other crypto-related websites as part of a broader crackdown on unauthorized digital asset services. In a July 3 bulletin, the Capital Markets Board (SPK) announced legal action against the websites, citing provisions of Turkey’s Capital Markets Law. The regulator said the targeted platforms

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Investor poll shows 73% approval for Trump’s crypto policy, bullish views on prices increase

Investor poll shows 73% approval for Trump’s crypto policy, bullish views on prices increase

Over 70% of US crypto investors approve of President Donald Trump’s administration’s approach to crypto policy, according to a recent survey conducted by research firm HarrisX.  HarrisX polled 1,096 adults online from June 18 to June 19, including 230 self-identified crypto investors. Among that cohort, 81% said they follow the administration’s crypto actions, 73% approved of the

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