Cryptocurrency trading platform Coin Cafe has been ordered to repay $4.3 million to its users after allegedly charging “exorbitant and undisclosed fees” for storing Bitcoin on...
Financial services firm Wells Fargo has reached a settlement in a class-action lawsuit, agreeing to pay shareholders $1 billion. The lawsuit alleged that the bank had...
FTX’s leadership is looking to claw back more than $240 million from insiders and executives that benefited from FTX’s “wildly inflated” acquisition of stock-clearing platform Embed...
The third-party payments provider for Binance Australia, Cuscal, hinted about the impact of “scams and fraud” related to “account fraud, ID takeover and crypto activity” after...
While OpenAI’s ChatGPT was the first artificial intelligence (AI)-powered chatbot to captivate the world after its public release in November 2022, a variety of competitors have...
Nigeria’s eNaira central bank digital currency (CBDC) is over a year old, and the International Monetary Fund (IMF) has a late birthday present for it, in...
Jessica Jonas, chief legal officer of the nonprofit Bitcoin Legal Defense Fund, discussed the potential legal ramifications of a high profile lawsuit against Bitcoin core developers...
On May 18, crypto hardware wallet provider Ledger clarified how its firmware works after a controversial May 17 tweet was deleted by the company. The deleted...
The Whampoa Group, a family office based in Singapore, will open a digital bank in Bahrain, the kingdom’s Economic Development Board said on May 18. The...
Legal chatbots gather information from users, process that data, find applicable legal information and give the user advice or refer them to a qualified lawyer if...
Cryptocurrency exchange Coinbase is set to launch its subscription service called “Coinbase One” across 35 countries. Initially, only customers in the United Kingdom, Germany and Ireland...
A trio of speakers in attendance at Industry Day, May 18, during The Bitcoin 2023 event in Miami held a discussion on government regulation and how...
State versus federal regulation was a key issue in the hearing on stablecoins in the United States House of Representatives on May 18. The House Committee...
Skyrocketing activity has led to a surge in average Bitcoin transaction fees — which rose to US$31.15 as of Mar 8 — exerting increasing pressure on...
A $50 million fund has been Launched to help startups that use the Wormhole cross-chain messaging protocol, according to a May 18 announcement. The new fund...
Key Takeaways Crypto volatility is back up to levels last seen when FTX collapsed in November $791 million of liquidations rocked investors between Thursday and Sunday...
While early conversations of Web3 centered around rising cryptocurrency prices and million-dollar JPEGs, blockchain gaming has since grown into an entire industry in its own right....
Nevin Shetty, a former Chief Financial Officer (CFO) at a Seattle start-up company, was indicted on May 17 in the US District Court in Seattle on...
Key Takeaways Bitcoin is a decentralized asset, yet large amounts are controlled by a select few. The top 114 addresses hold nearly 3 million BTC, 15.5%...
Goldman Sachs Group Inc., Microsoft Corp., Deloitte Touche Tohmatsu Ltd., Moody’s Corp. and other institutions are partnering with New York-based fintech company Digital Asset for the...