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The U.S. Securities and Exchange Commission (SEC) reached a settlement with eToro, a trading platform, resolving allegations that the company failed to register as a broker. eToro has agreed to pay $1.5 million in fines and limit cryptocurrency trading for U.S. users to only BTC, BCH, and ETH.
Tether, TRON, and TRM Labs established the T3 Financial Crime Unit (T3 FCU)—a collaborative initiative aimed at fighting financial crimes within the cryptocurrency sector. This is a pioneering move where private companies united to assist law enforcement agencies. Top Crypto Conferences of 2024: Must-Attend Events
The cryptocurrency industry is evolving rapidly, with new innovations, projects, and ideas emerging every day. Crypto conferences play a key role in this growth, offering platforms for networking, education, showcasing promising ideas, and strengthening the global community. In today’s article, we highlight the top crypto conferences of 2024 that you won’t want to miss.
The non-profit Cryptocurrency Open Patent Alliance (COPA), in collaboration with Unified Patents, launched the Blockchain Zone initiative to combat patent trolls — non-practicing entities (NPEs) that acquire patents to profit from legal actions rather than to innovate.
SEC Chairman Gary Gensler reiterated that the cryptocurrency industry is governed by clear regulations, reaffirming that Bitcoin is not a security. He highlighted that this regulatory clarity was a key factor in the approval of spot Bitcoin ETFs.
BlackRock’s Head of Digital Assets Robbie Mitchnick argues that Bitcoin is unfairly labeled as a high-risk asset. He believes the first cryptocurrency should be seen as a risk-free investment, suggesting that its reputation as a risk-on asset is a narrative pushed by certain voices in the crypto community.
Germany’s DZ BANK Group, the nation’s second-largest banking group, is preparing to offer cryptocurrency trading and custody services to over 700 of its cooperative banks via the Boerse Stuttgart platform. The launch is expected by the year's end, with technical preparations nearing completion. SEC Ramps Up Enforcement with Tougher Fines
The U.S. Securities and Exchange Commission (SEC) is intensifying its crackdown on the crypto industry. A new report reveals that total fines for regulatory violations in the cryptocurrency sector in 2024 (and the year isn’t even over yet) have already reached a record-breaking $4.7 billion. Which companies have been hit the hardest by the SEC’s actions?
Chase Herro, a figure with a contentious reputation, took on a leadership role at the new cryptocurrency platform World Liberty Financial, backed by the Trump family. Herro is notorious for aggressively promoting marijuana products, fake weight-loss supplements, and launching a get-rich-quick subscription course priced at $149 per month.
Chainalysis released its latest Global Cryptocurrency Adoption Index for the first half of 2024. The report is calculated using several parameters, including the usage of DeFi and CeFi protocols, to evaluate the level of cryptocurrency adoption across more than 150 countries. Cryptocurrency Under the Skin: The Future is Here!
Vivo Key Technologies and Dangerous Things developed a cryptocurrency wallet that can be implanted under the skin. Say goodbye to the hassles of lost passwords and security breaches! This innovative implant ensures your digital currency is secure—unless someone literally steals your hand. Be mindful in stores, as a simple hand wave could lead to unintended purchases. 


