May 23, 2024
Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?
In the Bahamas, convicted cryptocurrency criminal Sam Bankman-Fried’s one-time penthouse is up for sale. Meanwhile, in the United States, the House of Representatives passed the Financial Innovation and Technology for the 21st Century (FIT21) Act (H.R....
May 20, 2024
Bankruptcy Court Approves Genesis Settlement With NY Attorney General
Cryptocurrency firm Genesis has been banned from operating in New York and will pay a settlement worth $2 billion, the Office of the New York State Attorney General (NYAG) said in a Monday (May 20) press release....
May 20, 2024
VC Investment in Crypto Hits $2.4 Billion After Long Decline
Venture capital investment in cryptocurrency companies is reportedly increasing after nearly two years of cooling. Investment in these companies climbed to $2.4 billion during the first three months of this year, Reuters...
May 19, 2024
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion...
On Friday, Alaska Airlines petitioned a U.S. judge to dismiss a consumer lawsuit challenging its planned $1.9 billion acquisition of Hawaiian Airlines. The airline argued that the transaction would not...
May 17, 2024
Making Sense of Embedded DeFi’s Role in Web3’s Future
The Web3 space has its sights set on transforming payments and commerce via blockchain technologies. And with the news Wednesday (May 15) that Safe has announced the integration of native...
May 10, 2024
US House to Vote on Crypto Bill
A bill that promises regulatory clarity for digital assets has moved a step closer to a vote in the U.S. House. The House Committee on Rules said Friday (May 10) that it...
May 10, 2024
Stand With Crypto Forms Political Action Committee
The nonprofit group Stand With Crypto reportedly formed a political action committee (PAC) to support candidates who are friendly to cryptocurrency and blockchain. The new PAC aims to raise money from Stand With Crypto’s...
May 08, 2024
This Week in Web3: Wells Notices, Crypto Payments and Usability
Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once...
May 08, 2024
FTX Has Enough Cash to Repay Creditors in Full
Eighteen months after its collapse, FTX is ready to repay its customers in full. The cryptocurrency exchange says it has pulled together assets worth $14.5 and $16.3 billion, enough to...