Crypto

Wyoming to recognize DAOs as legal entities under newly passed law

Wyoming has passed a law recognizing blockchain-based decentralized autonomous organizations (DAOs) as legal entities. The bill — titled the Decentralized Unincorporated Nonprofit Association Act (DUNA) — was signed by the state’s Governor on March 7 and will be effective starting July 1. The full text of the bill does not explicitly name DAOs. Instead, it […]
The post Wyoming to recognize DAOs as legal entities under newly passed law appeared first on CryptoSlate.
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Cryptocurrency
8 Mar 2024

Bitwise reveals major institutions will start investing in Bitcoin ETFs starting Q2

Bitwise CIO Matt Hougan said that institutions “representing trillions of dollars in assets” are expected to start investing in spot Bitcoin ETFs by the second quarter. Hougan made the revelation in a weekly memo sent out to investors, parts of which were shared on social media. Influx of institutional interest Hougan wrote that Bitwise, and […]
The post Bitwise reveals major institutions will start investing in Bitcoin ETFs starting Q2 appeared first on CryptoSlate.
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Cryptocurrency
8 Mar 2024

Worldcoin files lawsuit to appeal Spain’s ban

Worldcoin developer Tools for Humanity has filed a lawsuit to appeal Spain’s recent ban on its data collection and usage within the country for three months. Worldcoin said in a March 6 blog post that Spain’s regulators circumvented the regular process around EU GDPR rules by issuing their order, leaving it no choice but to […]
The post Worldcoin files lawsuit to appeal Spain’s ban appeared first on CryptoSlate.
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Cryptocurrency
8 Mar 2024

FBI cybercrime report reveals crypto investment fraud in the US rose 53% YoY

The FBI’s Internet Crime Complaint Center (IC3) has released its 2023 report, revealing a significant rise in crypto-related fraud and the use of digital assets in cybercrime. The 2023 IC3 report serves as a comprehensive overview of the current state of internet crime, including the challenges and risks posed by the use of crypto in […]
The post FBI cybercrime report reveals crypto investment fraud in the US rose 53% YoY appeared first on CryptoSlate.
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Cryptocurrency
8 Mar 2024

Bitcoin sees violent volatility after hitting new ATH second time in a week

Bitcoin hit a new all-time high for the second time this week and once again experienced a violent sell-off that erased its gains and stirred memories of past volatilities in the crypto space. Bitcoin broke its previous record early in the US trading hours on March 8, climbing to an all-time high of $70,136 after […]
The post Bitcoin sees violent volatility after hitting new ATH second time in a week appeared first on CryptoSlate.
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Cryptocurrency
8 Mar 2024