Cryptocurrency/page/3 news and trends

DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams

May 17, 2024
Report: Dolce & Gabbana Sued Over NFT Sale
Cryptocurrency // May 17, 2024

Dolce & Gabbana has reportedly been sued by a customer who said he spent $6,000 on non-fungible tokens (NFTs) offered by the company, only to have them arrive late and without the benefits that were promised. The plaintiff brought the case on behalf of a proposed...

Making Sense of Embedded DeFi’s Role in Web3’s Future
Blockchain // May 17, 2024

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 swaps directly within its Web3 SafeWallet platform, bringing the benefits of embedded decentralized finance (DeFi)...

Bitcoin Payment Processor IBEX Pay to Suspend Services in US
Bitcoin // May 16, 2024

Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move in a Wednesday (May 15) post on X (formerly Twitter). “Any outstanding balance will be transferred to our clients’ Swan accounts or Bitcoin addresses,” IBEX Pay...

Bakkt: Institutional Investors to Drive Growth in Crypto Trading Market
Earnings // May 15, 2024

Institutional investors are going to play a bigger role in the cryptocurrency trading market, Bakkt said Wednesday (May 15) when announcing its latest quarterly results. Bakkt, which provides custody, trading and onramp capabilities for the crypto economy, said in a presentation released Wednesday that this increase in the mainstream adoption of...

Interviews & Exclusives
Solana Foundation Goes All In on Blockchain as a Mainstream Payments Rail

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 […]

SBF May Be 57 When He Finishes Serving Time

March 28, 2024
When the facts are crystal clear, often the only recourse is to appeal to emotion. That’s the tack that convicted crypto criminal and former FTX CEO Sam Bankman-Fried’s legal defense hewed to on...

The EU Inches Closer to the Digital Euro — Will Stablecoins and Crypto Take a...

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...

Stablecoins, Unstable Crypto Market Propel Coinbase Profits

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...

Quick Reads
DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams

May 17, 2024
Two Chinese nationals have been charged with leading a scheme to launder proceeds from cryptocurrency investment scams. The indictment, unsealed in the Central District of California Thursday (May 16), names two individuals who have been arrested: Daren Li, a dual citizen of China and St. Kitts and Nevis, and Yicheng Zhang, a Chinese national, the […]

Report: Dolce & Gabbana Sued Over NFT Sale

May 17, 2024
Dolce & Gabbana has reportedly been sued by a customer who said he spent $6,000 on non-fungible tokens (NFTs) offered by the company, only to have them arrive late and without...

Bitcoin Payment Processor IBEX Pay to Suspend Services in US

May 16, 2024
Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move in a Wednesday (May 15) post on X (formerly Twitter). “Any...

Bakkt: Institutional Investors to Drive Growth in Crypto Trading Market

May 15, 2024
Institutional investors are going to play a bigger role in the cryptocurrency trading market, Bakkt said Wednesday (May 15) when announcing its latest quarterly results. Bakkt, which provides custody, trading and onramp capabilities for...