SEC Sues Consensys Over MetaMask Staking, Broker Allegations

The U.S. Securities and Exchange Commission sued Ethereum software provider Consensys over its MetaMask service Friday, allegi...

2 months ago

OnChain Analysis Indicates That $65K May Provide Resistance for Bitcoin's Potential Rebound

Short-term holder wallets are in the red and may liquidate near their breakeven level at $65,0...

2 months ago

Bitcoin ETFs have seen outflows of $1.3 billion Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months.

Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

Outflows from United States spot Bitcoin exchange-traded funds (ETFs) reached $1.3 billion over the last two weeks as the price of Bitcoin continues to decline.  According to data...

2 months ago

While not yet permitted to trade, DFX Labs is deemed licensed for virtual asset services by the Securities and Futures Commission of Hong Kong.

DFX Labs clears Hong Kong’s AML requirement for crypto license

Hong Kong-based crypto trading platform DFX Labs has come closer to attaining a full operational license in the region after bagging an Anti-Money Laundering and Counter-Terrorist Financing Ordi...

2 months ago

The AI chatbot, Store Companion, will be used on handheld devices, providing staff members with immediate answers to any work-related questions they may have.

American retailer Target to roll out AI chatbot in US stores by August

Retail giant Target Corporation is rolling out a new generative artificial intelligence tool to assist hundreds of thousands of staff across its nearly 2,000 stores across the United States....

2 months ago

The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs.

SEC shoots down Ripple’s argument for a lower penalty

The United States Securities and Exchange Commission (SEC) has criticized Ripple Labs’ latest argument for a lower penalty, saying it wouldn’t be enough. On June 13, Ripple...

2 months ago

U.S. prosecutors demanded “just punishment” fitting the scale of his crime, but Salame’s lawyers argue that he should serve no more than 18 months.

US prosecutors push for 5–7 years in prison for ex-FTX exec

United States prosecutors want former FTX executive Ryan Salame — the alleged wingman of FTX co-founder Sam “SBF” Bankman-Fried — to serve five to seven years i...

3 months ago

The company called for supporting U.S. lawmakers in favor of the Financial Innovation and Technology for the 21st Century Act, hinting the bill could nullify the SEC’s case.

Uniswap responds to SEC Wells notice: ‘We are ready to fight’ for DeFi

Uniswap Labs, the developer behind the decentralized exchange of the same name, has responded to the United States Securities and Exchange Commission (SEC) issuing a Wells notice to th...

3 months ago

Travelers around the world are ready to discover new destinations, and blockchain is here to help connect local attractions to global experiences.

Web3 travel app turns regional experiences into mintable NFTs

Traveling to a new region always conjures up delightful experiences and vivid memories. From visiting a historical ruin for the first time to randomly attending a local musician’s performa...

3 months ago

Salim Ramji spoke highly of Bitcoin and blockchain technology when overseeing BlackRock’s spot Bitcoin ETF filing.

Vanguard names Bitcoin-friendly former BlackRock exec as new CEO

Asset management giant Vanguard has named Bitcoin-friendly former Blackrock executive Salim Ramji as its new CEO. With Ramji overseeing the approval and launch of BlackRock’s spo...

3 months ago