Binance, one of the world’s biggest cryptocurrency exchanges, is in hot water after being accused of freezing all the crypto funds belonging to Palestinians. Here’s a breakdown of what’s happening and why it’s causing such a stir. The Accusation Ray Youssef, a well-known figure in the crypto world and CEO
In a groundbreaking development for digital finance and employment law, the Dubai Court of First Instance has made a historic decision that validates salary payments in cryptocurrency. This landmark ruling marks a significant shift in the United Arab Emirates’ legal landscape, reflecting a broader acceptance of digital currencies within the
In the heart of Nuremberg, Germany, a high-tech orb designed to scan people’s irises is part of an ambitious project called Worldcoin, which aims to create a global identity system to differentiate humans from AI. Backed by OpenAI’s Sam Altman, this futuristic venture has drawn both excitement and criticism, with
Russian lawmakers have just approved a groundbreaking law that allows businesses to use Bitcoin and other cryptocurrencies for international trade, aiming to sidestep Western sanctions imposed after the Ukraine invasion. Set to take effect in September, this move is designed to solve payment delays with major trade partners like China,
India’s Enforcement Directorate (ED) has taken a giant leap in battling cryptocurrency fraud. Following a high-profile scam linked to the gaming app E-Nuggets, the ED, grappling with the complexities of seizing digital assets, created its own cryptocurrency wallet. This strategic shift allows them to securely manage and control nearly $12
In a groundbreaking decision, the Supreme Court of the United States overturned a long-standing rule that gave deference to government agencies’ interpretations of laws. Known as the Chevron doctrine, this rule allowed agencies significant power in setting regulations. The case, Loper Bright Enterprises v. Raimondo, marks a major shift towards
An anonymous Bitcoin donor dramatically changed Julian Assange’s fate by contributing over $500,000 in Bitcoin to help cover his hefty debts. This generous donation, combined with other contributions, allowed Assange to pay off the costs of his chartered flight and legal settlements, ensuring he could return to Australia debt-free after
Marathon Digital Holdings launched a project on May 31, 2024, to recycle heat from its 2-megawatt data center in Satakunta, Finland, heating a town of 11,000 residents. Leading Bitcoin miner Marathon Digital Holdings, Inc. (NASDAQ: MARA) today unveiled a creative pilot project to recycle heat produced by Bitcoin mining and
At the Libertarian National Convention, Trump pledges to shield Bitcoin holders from Senator Elizabeth Warren’s influence, emphasizing his support for self-custody and opposition to CBDC creation. Four percent of Americans possess Bitcoin. Although there are more Americans over 65 than under that number, how frequently do politicians discuss issues about