Global

Some top analysts on Wall Street are suggesting that the US Federal Reserve's potential shift in stance on inflation could serve as a catalyst for a significant surge in the cryptocurrency market, potentially amounting to trillions of dollars. This forecast is driven by the anticipation of about $6 trillion in sidelined capital returning to the market as the Fed eases its hawkish stance.

Gala Games has received approximately $22 million worth of Ether (ETH) from the individual responsible for a security breach on May 20. During the incident, around $200 million worth of Gala (GALA) tokens were minted, with a small portion sold before the wallet was frozen.

The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has completed its investigation into the Worldcoin project, concluding that the project's activities in Hong Kong violated the territory's Personal Data (Privacy) Ordinance (PDPO).

YouTube investigator Stephen Findeisen, also known as "Coffeezilla," has accused Rabbit, an artificial intelligence (AI) company, of orchestrating a scam involving nonfungible tokens (NFTs) and attempting to cover it up.

Uniswap has responded to the SEC's Wells notice with a 43-page submission, arguing against potential enforcement actions. The company asserts that it doesn't fit the mold of a traditional exchange and points out that the SEC lacks jurisdiction over assets like bitcoin, ether, and stablecoins, which are the primary assets traded on its platform.

Taurus, a leading provider of crypto technology solutions, has revealed its plans to expand into the North American market with the opening of a new office in Vancouver.