BRETT Memecoin Hits $1b Market Cap
The memecoin that debuted three months ago has had a remarkable surge compared to other well-known memecoins. BRETT is a unique character from Matt Furie’s Boy’s Club series. Matt Furie is also the creator of the well-known cartoon that inspired the PEPE memecoin and the viral Pepe meme. “This isn’t even the pregame warm-up. We […]
Hong kong Police Issue Warning of Fake Banknotes
Hong Kong authorities have seen an increase in fake banknotes that are being distributed through cryptocurrency frauds. A local source states that 3,396 counterfeit notes were found by the Hong Kong police between January and April of 2024. The total face value of the counterfeit goods was HK$2.55 million, or around $326,130. More specifically, the […]
Hester Peirce Proposes for Cross-border Digital Securities Sandbox
In response to an FCA-BoE consultation, SEC Commissioner Hester Peirce proposed a cross-border digital securities sandbox. Allowing businesses in the US and the UK to test distributed ledger technology (DLT) under a single legal framework is the proposal’s way of encouraging innovation and improving regulatory monitoring. Peirce stated in the response: “This joint proposal reflects a commendable […]
Crypto ISAC Launches to Bolster Web3 Security
Crypto giants have united to share knowledge to address security issues in the decentralized ecosystem. According to a news release, an information sharing and analysis center (ISAC) for cryptocurrency has been established by over 14 businesses, including the Solana Foundation, Fireblocks, Consensys, Coinbase, Circle, and others. Among the original members of the ISAC are Aleo, […]
Gemini to Reimburse Earn Customers $2.18 Billion
Following the FTX and Genesis scandals, Gemini Earn users will receive three times the value of the funds held in the lending product. Gemini, a cryptocurrency exchange, revealed on Wednesday that it will be returning $2.18 billion in cryptocurrency to creditors. Earn users previously in bankruptcy limbo have recovered 232% of their costs through the […]