The Syariah court tackles cryptocurrencies, like Bitcoin, by setting clear rules for trading and owning them. In one case, a wife sued her husband for Bitcoin he bought. The court said she didn't follow the rules, so she lost. In another case, a crypto exchange had to pay a user for losing his Bitco
The upcoming U. S. election has stirred up a lot of debate around tech policies. Let's take a look at what presidential hopefuls Trump and Harris have planned for the tech world. The CHIPS Act, an initiative to bring chip production back to the U. S. , is a hot topic. The Harris campaign supports i
Ever heard of sneaky hackers trying to trick you? That’s what’s happening on NPM, a popular site for sharing code. Hackers are uploading hundreds of fake packages, trying to fool developers into downloading malware. These fake packages have names that look like real ones, such as Puppeteer and Bignu
Bitcoin is flirting with a new record high, but the U. S. election might put a temporary hold on that. In October, Bitcoin closed above $70, 000 for the first time since March, but it's been struggling to stay there. The focus now is on the U. S. presidential election. Investors are worried that the
Digital currencies are becoming more popular, with up to 21% of Americans owning crypto. This means there are around 18 million to 50 million potential voters who care about a candidate's stance on the crypto industry. Swing states are where crypto voters could make a big difference. Groups like Sta
In New York, a former FTX executive named Nishad Singh was spared a prison sentence on Wednesday. The federal judge commended Singh's significant cooperation in exposing the multibillion-dollar fraud orchestrated by FTX's founder, Sam Bankman-Fried. Singh, who was the company's engineering director,
In 2023, a significant amount of cryptocurrency was allegedly laundered through a mixer called Railgun. This mixer, which helps hide the identity of crypto owners, was used by a North Korean hacker group called the Lazarus Group. The U. S. Department of the Treasury had already blacklisted other mix
Nishad Singh, former engineering boss at FTX, got off lightly. No jail time, just three years of supervision. Why? He cooperated with the government, helping unravel the crypto exchange's fraud. The judge praised his limited role compared to others like FTX founder Sam Bankman-Fried. Singh also forf
Nishad Singh, the former head of engineering at FTX, received no jail time and three years of supervised release on Wednesday. Instead of the maximum 75 years, he was ordered to forfeit $11 billion. Judge Lewis Kaplan praised Singh’s cooperation with the government, noting it was “remarkable. ” Sing
Coinbase, a big player in the cryptocurrency world, had a rough third quarter. Their stock took a hit, dropping by 4% after the market closed. Why? Well, crypto trading was pretty quiet, and that's not good news for a company that makes money from people buying and selling digital currencies. The c
