Australian regulator asks High Court to allow appeal in Block Earner case

Australian Regulator Seeks High Court Appeal in Block Earner Case The Australian Securities and Investment Commission (ASIC) is escalating its legal battle with fintech firm Block Earner, seeking permission from the High Court to appeal a previous ruling. The core issue revolves around clarifying the definition of a “financial product” under Australian law, particularly in…

VanEck to launch Avalanche ecosystem fund

VanEck Steps into Avalanche with New Ecosystem Fund VanEck is expanding its reach in the digital asset space with the launch of a new fund focused on the Avalanche blockchain. The PurposeBuilt Fund aims to invest in Web3 projects built on Avalanche, targeting sectors like gaming, financial services, and artificial intelligence. This move highlights the…

US lawmaker reintroduces bill amid pushback on Trumps crypto ties

Bipartisan Support Emerges for Blockchain Regulation Amid Crypto Industry Concerns In a notable development for the crypto space, a bipartisan effort is underway in the U.S. Congress to provide regulatory clarity for blockchain technology. As reported by Cointelegraph, the Blockchain Regulatory Certainty Act, reintroduced by Minnesota Representative Tom Emmer, aims to define that digital asset…

Sam Altmans World raises $135M from Andreessen, Bain, to expand network

Sam Altman’s Worldcoin Project Faces Scrutiny Despite $135M Funding Worldcoin, the digital identification project led by OpenAI CEO Sam Altman, has recently secured $135 million in funding from Andreessen Horowitz and Bain Capital Crypto. This investment aims to expand Worldcoin’s network of iris-scanning orbs, particularly in the United States and across the globe. However, the…