Blogs and more
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Bank Lets Customers Withdraw More Than Available Balance, Triggering $14,000,000 Exodus in Matter of Hours: Report
A state-owned bank is clawing back millions of dollars from customers after a “routine system update” allowed people to take out more...
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UK Judge Freezes $7,600,000 of Craig Wright’s Assets After Ruling That He Is Not the Founder of Bitcoin
A UK Judge is freezing $7.6 million worth of computer scientist Crag Wright’s assets after he was ruled to not be Satoshi, the pseudonymous...
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Binance-Linked HKVAEX Withdraws Hong Kong License
The Hong Kong-based crypto exchange HKVAEX, reportedly associated with Binance, withdrew its license application from the Securities and Futures...
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CFTC Commissioner Pham says KuCoin complaint ‘undermines’ SEC
Days after the Commodity Futures Trading Commission announced its civil lawsuit against crypto exchange KuCoin, one Commissioner is questioning...
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U.S. Bank and Oppenheimer Paying $7,000,000 Fine, Admit To Using Unofficial Communications Channels in Federal Crackdown
U.S. Bank and Oppenheimer & Co will pay a total of $7 million to the Commodity Futures Trading Commission (CFTC) in a federal crackdown on...
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MicroStrategy Shares Trading at an ‘Unjustifiable Premium’ to Bitcoin: Report
Kerrisdale Capital has argued in a recent report that MicroStrategy’s shares have become overvalued. “We are long Bitcoin and short...
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25 years for Sam Bankman-Fried — A fair sentence, or no?
Sam Bankman-Fried was sentenced to spend 25 years behind bars — a punishment some say could have been less if the FTX founder showed greater...
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$236,000,000,000 in ‘Improper Payments’ Made by US Government in One Year, Exposing Material Weakness in Internal Controls: Report
The US government is botching hundreds of billions of dollars of payments per year, according to a new report. The Government Accountability...
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Entangle to Launch Fastest Cross-Chain Messenger in Web3
[PRESS RELEASE – London, England, March 29th, 2024] Entangle is pleased to announce that its Photon cross-chain messenger, recently...
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Crypto, it’s time to demand clarity from the courts
On March 25, 2024, Beba, a small apparel company located in Waco, TX, partnered with the DeFi Education Fund to file a lawsuit against the...
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Abra Settles with Fifth State Amidst Transition of US Operations
Key takeaways: By settling with the Oregon Division of Financial Regulation, Abra will refund Oregon customers’ funds on the site...
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$1,800,000 Up for Grabs As US City Launches Guaranteed Income Program With ‘Unrestricted Cash Payments’
A new guaranteed income pilot project is gearing up for launch in Massachusetts. The Somerville Guaranteed Basic Income Program is a $1.8...
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Will Bitcoin (BTC) Break its $73.8K ATH Following This Record USDC Transfer?
Bitcoin has been trading around $70,000 after a major retracement that dragged the leading crypto asset below $63,000 briefly. Despite a few flat...
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What the Coinbase dismissal denial says about staking and securities
Coinbase notched a partial win — and a partial loss — in a judgment from Judge Katherine Polk Failla in the Securities and Exchange Commission’s...
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UK Judge Freezes Craig Wright’s Assets Amid Bitcoin Inventor Controversy
Key Takeaways: Judge James Mellor issued a global freezing order on £6 million of Craig Wright’s assets. In a lawsuit...