Everly Cooper

South Korea’s national data protection authority has taken decisive action against DeepSeek, a Chinese AI chatbot application, by temporarily halting new downloads from app stores. The move underscores growing concerns over data privacy and national security, positioning South Korea at the forefront of regulatory scrutiny in the AI and blockchain space. Privacy Concerns Trigger Immediate

Binance co-founder and former CEO Changpeng Zhao (CZ) has denied recent rumors suggesting that the world’s largest cryptocurrency exchange is up for sale. The speculation, which gained traction after major asset movements within Binance’s treasury, was quickly dismissed by CZ and other top Binance executives. CZ Responds to Sale Rumors In a February 17 post

Australia’s financial watchdog, the Australian Transaction Reports and Analysis Center (AUSTRAC) has escalated its crackdown on digital currency exchanges and remittance service providers. Recent actions have seen 13 providers penalized, with over 50 others under investigation for potential compliance violations. AUSTRAC CEO Brendan Thomas announced on February 17 that six remittance providers had their registration

Senator Elizabeth Warren has launched a sharp critique against Elon Musk and former President Donald Trump, accusing them of attempting to dismantle the Consumer Financial Protection Bureau (CFPB) an agency she played a key role in creating in 2007. Up to 100 CFPB employees were laid off on February 13, as per NPR report. The

Coinbase CEO Brian Armstrong has made a bold prediction, stating that up to 10% of global GDP could be running on crypto rails by 2030. His remarks came during Coinbase’s Q4 2024 earnings call on February 13, where he framed the current state of the crypto industry as the “dawn of a new era” in

JPMorgan just threw shade at Bitcoin, and Tether’s CEO isn’t having it. As the banking giant warns of a potential crypto sell-off, Paolo Ardoino fires back, calling them ‘salty’ for not owning Bitcoin. Is this a real financial concern or just another case of traditional banks clashing with crypto? The CEO of Tether, Paolo Ardoino,

Japanese cryptocurrency exchange Coincheck has reported a 75% surge in revenue for its fiscal third quarter, marking a significant milestone for the company as it navigates expansion and increased market activity. The growth has been largely attributed to its merger with Thunder Bridge Capital and subsequent Nasdaq listing, signaling growing institutional interest in Japan’s expanding

Bitcoin’s path to $1.5 million per coin is becoming increasingly plausible, according to ARK Invest CEO Cathie Wood. The renowned investor believes that growing institutional adoption is a key driver that could propel Bitcoin to new all-time highs, despite short-term market fluctuations. Institutional Investment: The Game Changer for Bitcoin Bitcoin has been trading below the

The U.S. Internal Revenue Service (IRS) has escalated its legal battle against crypto founder Rowland Marcus Andrade, urging an appeals court to dismiss his attempt to quash tax summonses related to his financial records. The case, which revolves around privacy concerns and crypto taxation, could have significant implications for financial transparency, regulatory oversight, and privacy

The United States, United Kingdom, and Australia have jointly imposed sanctions on Russia-based bulletproof hosting provider ZServers, accusing it of facilitating the notorious LockBit ransomware gang. The joint sanctions highlight rising international efforts to curb ransomware attacks linked to cryptocurrency payments. ZServers and Its Alleged Role in Cybercrime According to a February 11 announcement from

Osprey Funds is not backing down in its legal battle against Grayscale Investments, filing a motion for reargument on February 10 to challenge a Connecticut judge’s decision in favor of Grayscale. The dispute revolves around claims of deceptive advertising and alleged unfair market advantages in the Bitcoin exchange-traded fund (ETF) race, a conflict that could