Fund recoveries for clients and creditors of bankrupt crypto lender BlockFi will depend heavily on the firm’s claims against its commercial counterparties including
South Korean prosecutors searched accounts at major exchanges Upbit and Bithumb, relating to the transfers made by former lawmaker Kim Nam-kuk on Monday.Messaging
Hedge fund manager Paul Tudor Jones said that bitcoin (BTC) has become less attractive thanks to what’s become an unfriendly regulatory picture in
The United States government faces a “significant risk” of no longer meeting all of its financial obligations as early as June, as per
Assassin’s Creed, one of Ubisoft’s most popular gaming franchises, has announced a series of customizable “smart collectibles” featuring digital and physical components. The
BlockGPT, a recently launched Web3 company, announced the launch of its ‘chat to earn’ artificial intelligence (AI) service and related blockchain ecosystem on
Two United States Senators from opposite sides of the political aisle have reintroduced legislation from 2022 aimed at mitigating perceived risks posed by
Crypto exchange Binance has announced that it would cease operations in Canada, citing the challenging regulatory environment. “We had high hopes for the
Former users of the bankrupt Canadian crypto exchange Quadriga CX will soon get a check for 13% of their claim, according to a notice
After crypto exchange FTX’s sudden collapse in November 2022, sales for a particular piece of hardware blew up: hardware wallets that let owners
Countries around the world are beginning to grapple with the pervasiveness of artificial intelligence (AI). While some look to the emerging technology with concern,
The European Union plans to force crypto companies to give tax authorities details of their clients’ holdings, according to a draft bill released under freedom
Terraform Labs founder Do Kwon is set to be released from Montenegro jail on supervised bail as his trial on document forgery charges
Central banks should veto large stablecoins if they have fears they could upend monetary policy, the chair of the European Banking Authority (EBA)
BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting
Aegis Custody, a fully licensed and insured digital assets custodian, is offering to provide free custodial services to crypto companies founded or led by
The unusual joint meeting of the two most crypto-relevant committees in the U.S. House of Representatives was called to work out the best
Bittrex’s U.S. and Maltese arms processed $425 million in withdrawals since the exchange announced it would shut down its U.S. operations around April
Stablecoin issuer Tether reported $1.48 billion in net profit for the first quarter of the year, double the previous quarter’s result, according to
A distributed network ensures that multiple peers are accessible to accept and authorise a transaction in a decentralised platform, whether that transaction is
Crypto media outlet Blockworks has raised $12 million in a funding round led by private equity firm 10T Holdings at a $135 million
The ongoing battle between the music industry and artificial intelligence (AI) continues as Spotify removes AI-generated music. According to a report by the
A former Coinbase employee was sentenced to two years in prison after pleading guilty to insider trading charges,. Ishan Wahi, a former product
Artifact Labs, a Web3 company that works to preserve records of historical events on the blockchain, has closed a $3.25 million funding round.
Fees on the Bitcoin blockchain have surged to two-year highs as the ‘Bitcoin Request for Comment’ (BRC-20) tokens and the rising popularity of
Internet payment processor Stripe has introduced a fiat-to-crypto on-ramp to address the “cold start problem” faced by Web3 companies due to customers not
The government of Kazakhstan received 3.07 billion tenges (approximately $7 million) in tax payments from crypto mining entities in 2022 following the implementation
Big Four accounting firm Deloitte has integrated blockchain technology to allow customers to store verification credentials in a single digital wallet to streamline
The United States Securities and Exchange Commission (SEC) has issued its largest-ever whistleblower award totaling $279 million. The SEC generally issues awards ranging
The French bank BNP Paribas is collaborating with the Bank of China (BOC) to promote China’s digital currency, the digital yuan, to its
