February 18, 2024
FTX Investor Suit Accuses Law Firm in Aiding Fraud
A new lawsuit accuses an FTX-affiliated law firm of helping abet the cryptocurrency exchange’s fraud. The suit, filed last week by a group of FTX investors, accuses the 140-year-old firm of Sullivan & Cromwell...
February 12, 2024
AI Took Over This Year’s Super Bowl Ads; It’s Coming...
The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas City Chiefs and the San...
February 07, 2024
‘Cryptofinance’ Might Be Replacing ‘Cryptocurrency,’ but Bitcoin Is Still Unreliable
Compared to the events of 2023, the cryptocurrency sector in 2024 could be considered relatively boring. U.S. regulators at the start of the year approved bitcoin exchange-traded funds (ETFs), and...
February 06, 2024
EU Drafts Paper Regarding Exceptions to MiCA Regulation
In a bid to address concerns raised by various stakeholders, the European Union (EU) has drafted a paper proposing exceptions to certain provisions outlined in the Markets in Crypto Assets...
February 02, 2024
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX...
Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. The hack took place in November...
January 31, 2024
FTX Drops Plans to Resurrect Fallen Crypto Exchange
FTX reportedly hopes to pay back as many of its customers as it can. However, the advisers overseeing the cryptocurrency firm’s bankruptcy have no plans to resurrect the exchange, one of...
January 28, 2024
FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
FTX has reportedly been selling crypto assets and stockpiling cash as it looks to repay customers. Those customers’ accounts have been in limbo since the cryptocurrency exchange collapsed in November 2022....
January 25, 2024
Trustmi Launches Sarbanes-Oxley Compliance Solution for Business Payments
Trustmi introduced its Sarbanes-Oxley (SOX) Compliance solution for business payments. Powered by artificial intelligence, the solution aims to simplify reporting and ensure compliance with the increasing regulatory requirements faced by...
January 22, 2024
Fitness Industry Looks to AI to Bring in Consumers, Profits
Artificial intelligence is giving the fitness category a workout. Ranging from personalized workout routines to dedicated app-based workouts and even one-on-one virtual training sessions, the pattern recognition and predictive analytics...