Australian authorities have charged four individuals following an 18-month investigation into a $190 million Australian dollar ($123 million) crypto laundering operation allegedly run through a cash-in-transit security company. The Australian Federal Police said they had frozen about $13.6 million worth of suspected criminal assets across the states of Queensland and New South Wales. The Queensland…
As the Ethereum ecosystem and its core principles evolve to address data privacy concerns, a new proposal recommends a modular compliance strategy as a path to reconcile public blockchains with the European Union’s General Data Protection Regulation (GDPR). On Monday, a proposal drafted by Ethereum community member Eugenio Reggianini suggested the use of modular architecture…
layer-1 blockchain Kaia has pledged to launch a South Korean won-based stablecoin following the Wednesday inauguration of President Lee Jae-myung, a left-leaning politician whose campaign included a series of crypto-friendly promises. Launching a won-based stablecoin is one of the crypto goals laid out during Lee’s campaign that set him apart from other crypto-friendly candidates. The…
Ether-based investment products led inflows among cryptocurrency-based investment products last week, despite an overall slowdown in investor activity as markets await clarity from the US Federal Reserve. Ether (ETH) exchange-traded products (ETPs) received $296 million of inflows last week, marking their best week since the 2024 election of US President Donald Trump, according to a…
Rampant electricity theft by illegal miners, inconsistent policies and a lack of legal clarity may deter Malaysia from tapping the potential of cryptocurrency mining, according to an industry report released by the Access Blockchain Association of Malaysia. Despite Malaysia’s strategic location, growing tech ecosystem and expertise in Shariah-compliant finance, the report suggests the country must…
Argentine President Javier Milei didn’t breach any of his presidential duties when he promoted the Libra memecoin, the country’s Anti-Corruption Office said in a recent decision. In a June 5 resolution, the Anti-Corruption Office said Milei was acting in a personal capacity when he endorsed the Libra (LIBRA) token in a Feb. 14 X post,…
Opinion by: T-RO, co-founder of GamerBoom Forget the old pitch about “interactive media.” Every dungeon crawl, clutch revive and deck shuffle is time-stamped, geo-located and tied to an explicit objective. No other medium produces such clean, high-frequency reads on risk tolerance, resilience or cooperation. Feed these sequences into reinforcement learners, resulting in the real-world effect….
Dubai’s real estate market surged in May, posting record sales volumes and transaction values that signal growing investor confidence and potential readiness for property tokenization. According to data shared in a press release with Cointelegraph by real estate platform Property Finder, Dubai’s real estate sector reached a total sales value of 66.8 billion dirhams (about…
Today in crypto, Bitcoin layer-2 Alex Protocol was hacked for $8.3 million, spot Ether exchange-traded funds (ETFs) have recorded inflows for 15 consecutive days, and US lawmakers remain divided over digital asset legislation, as questions mount about President Donald Trump’s ties to the industry. Bitcoin DeFi platform Alex Protocol loses $8.3 million to exploit Alex…
Singapore’s latest order for unlicensed crypto firms to stop serving overseas customers marks the beginning of the end for regulatory loopholes in the blockchain industry. The May 30 directive from the Monetary Authority of Singapore (MAS) tells crypto firms and individuals offering services abroad to get licensed or get out. To some in the industry,…