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. 4763) Wednesday (May 22), the first step in establishing a comprehensive federal framework that both ensures regulatory...
Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) said in a Wednesday (May 22) press release that it has directed the organization to stop scanning and collecting iris...
A judge at London’s High Court ruled Monday (May 20) that Australian computer scientist Craig Wright lied and forged documents to support his false claim of being the inventor of bitcoin. Judge James Mellor ruled in March that the evidence Wright was not the pseudonymous “Satoshi Nakamoto”...
Bitcoin topped $70,000 for a time on Monday. At one point, it was $3,931 higher than its previous close and 82.3% higher than its 2024 low, which it reached on Jan. 23, Reuters reported Monday (May 20). The report attributed the rise in part to this year’s...
May 13, 2024
The landscape of digital assets, blockchain and Web3 technologies is undergoing a shift. What was once considered theoretical or looked at askance in light of scandal and volatility is now increasingly moving into practical use. “It’s important to know that crypto is not just bitcoin and Doge and NFTs,” Sheraz Shere, head of payments at Solana Foundation, told […]
February 21, 2024
In Europe, a central bank digital currency (CBDC) has inched closer to reality, by virtue of a vote. As a result, the United States may have to play a bit...
February 16, 2024
Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no 2022, and Coinbase’s latest quarterly...
January 18, 2024
Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings are also a favorite of...
May 24, 2024
Latin American cryptocurrency exchange Ripio is reportedly making payment and tokenization products for businesses a bigger part of its offerings. The company is doing so even as its retail trading business is benefiting from the crypto rally, Bloomberg reported Friday (May 24). Already, Ripio is seeing crypto being used to help Brazilian importers pay Chinese suppliers, Argentine companies hedge against inflation, and remittance transactions move […]
May 22, 2024
Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) said in a...
May 20, 2024
A judge at London’s High Court ruled Monday (May 20) that Australian computer scientist Craig Wright lied and forged documents to support his false claim of being the inventor of bitcoin. Judge...
May 20, 2024
Bitcoin topped $70,000 for a time on Monday. At one point, it was $3,931 higher than its previous close and 82.3% higher than its 2024 low, which it reached on...
