Ripple-Owned Metaco's CEO, Product Head Reportedly Leave Crypto Custody Firm
Metaco, the crypto custody firm acquired by Ripple in May 2023, lost two executives Monday: its CEO and head of the company's products unit. The leadership shakeup comes as Ripple continues to fight the SEC in a years-long lawsuit over the crypto company's alleged securities law violations.
New Zealand's Central Bank Governor Slams Stablecoins As 'Biggest Misnomers'
The governor of New Zealand's central bank does not trust the stability of stablecoins, nor does he think they can be like fiat currencies that have parliamentary authority behind them.
Middle East Conflict: Bahraini Hackers Claim Attack On US Navy's 5th Fleet System
On Day 129 of the raging war in Gaza, mediators are pushing Hamas to reach a ceasefire deal as the Israeli army prepares to raid Rafah. Iranian-backed groups continue to attack Israel and military assets of Israel's staunch western ally, the United States.
Most Institutional Traders Have 'No Plans' To Trade Crypto: JPMorgan Survey
Many institutional traders have shown no interest in trading cryptocurrencies, as per JPMorgan's annual e-Trading survey, with more traders uninterested this year compared to the 2023 numbers.
'Smart Aviation' Unlocked: Rokid Launches 'World's First' Immersive AR In-Flight Experience With Hainan Airlines
Rokid's AR Glasses are especially designed for passenger comfort and entertainment – paving the way for an enjoyable in-flight experience made possible by cutting-edge technology.
GOP Senators Blast SEC For 'Unethical' Handling Of Debt Box Case
Five Republican senators have raised concerns about the SEC's handling of its case against blockchain project Debt Box after the regulator admitted that its counsel made a misrepresentation during a hearing of the case.
Middle East Conflict: US Opposes Rafah Offensive As Israeli Army Prepares For War 'Expansion'
On Day 126 of the Israel-Hamas war, Washington urged Israel to take caution in moving toward Rafah as the Israeli army continues its hunt of Hamas militants, saying outright that the Biden administration is opposed to a military operation in the overcrowded city given the current circumstances in the area.
NBA Sued Over Promotional Deals With Collapsed Crypto Lender Voyager Digital, FTX
The NBA has been sued for its marketing links to Voyager Digital, just one of several crypto firms that collapsed in 2022, triggering the infamous "crypto winter."
Crypto Platform Bakkt Warns Of Cash Crunch, Raises Concerns On Its Existence
Bakkt is unsure it can keep business going over the next 12 months amid many concerns surrounding its operations such as cash running low, evolving regulatory regimes, and the ability to retain existing customers or attract new ones.
US Treasury Warns About Crypto Transaction Concealment Methods
The U.S. Treasury Department said in its 2024 National Money Laundering Risk Assessment report that cybercriminals are fast evolving their methods in laundering illicit funds, especially with the proliferation of "privacy coins" and "mixers."
Middle East Conflict: Netanyahu Rejects Hamas' Truce Demands; US Strikes Houthi Missiles Anew
It's Day 125 of the Israel-Hamas war – a new ceasefire-hostage deal remains elusive, and beyond Gaza, tensions in the Middle East are on a steady rise as the U.S. fights back against attacks on its troops and military assets.
MicroStrategy Bitcoin Holdings Top $8 Billion After 850 BTC Buy In January
MicroStrategy has acquired hundreds more in Bitcoin last month, bringing its total BTC holdings to 190,000.
Judge Approves BlockFi Settlement With 3AC, But Denies Documents' Unsealing
BlockFi and 3AC have been allowed to proceed with their settlement, but the details of which will remain confidential for several reasons that include the defunct crypto hedge fund's ongoing bankruptcy proceedings.
Middle East Conflict: Hamas Reportedly Proposes 135-Day Ceasefire Deal To End War
On Day 124 of the Israel-Hamas war, desperation is rising among the loved ones of hostages still in Hamas captivity after Israel confirmed that 31 hostages in Gaza are dead. Hamas has reportedly produced a counterproposal for an expansive ceasefire deal that will see all remaining hostages and the deceased captives' bodies freed over a period of more than four months.
In 'AI Ready' Philippines, Can This New Bill Help Ease Workplace Fears?
The Philippine leader is confident that the country is "ready" for artificial intelligence, but in the crevices of the corporate world, there are concerns among employers regarding AI adoption.
SEC Scores Win As Ripple Ordered To Share Financial Statements With Regulator
The SEC just scored a win in its case against Ripple as the crypto firm has been ordered to share its sensitive financial information with the regulator.
US Treasury's Yellen To Urge Congress For Legislation On Stablecoins, Crypto Spot Markets
Janet Yellen will urge lawmakers on Tuesday to pass legislation that will establish the regulatory framework for crypto regulation, including rules for stablecoins and spot markets.
Middle East Conflict: Blinken In Egypt To Push Truce Deal; Argentine President Arrives In Israel
On Day 123 of the raging war in Gaza, other Iranian-backed groups and Hamas allies threaten stability in the region as they launch missiles toward Israel while targeting U.S. military assets.
Hacker Claims Access To Binance, Coinbase User Data Through KodexGlobal
A hacker claims to have access to the data of users on several crypto exchanges and social media platforms through KodexGlobal, a supposedly "secure" communications network for law enforcement and regulators.
South Korea Seeks Spot Bitcoin ETF Talks With Gary Gensler In Q2 2024: Report
South Korea, which previously warned local securities firms against brokering spot Bitcoin ETFs from the U.S., is expected to discuss the matter with the SEC chief Gary Gensler this year.
Middle East Conflict: 6 US-Backed Kurdish Fighters Reportedly Killed In Syria Strike
As tensions in the Middle East continue to rise, the US has increased its self-defense attacks on the Iran-backed Houthis. Simultaneously, the Israel-Hamas conflict has entered its 122nd day. Amid these developments, six U.S.-backed Kurdish troops were reportedly killed in a drone strike by Iraqi armed factions targeting an oil field in Syria.
Crypto Exchange OPNX To Shut Down As FTX Bankruptcy Claims Reach 'Recovery'
OPNX, the exchange founded by two of the people behind fallen crypto hedge fund Three Arrows Capital, will shut down this month.
US Lawmakers Move Resolution To Repeal SEC's Crypto Custody Accounting Rule
A group of U.S. lawmakers are calling on the SEC to repeal its controversial SAB 121 policy that requires digital assets custodians to report liabilities and assets on their balance sheets.
US Charges 3 In $400 Million Sim-Swapping Hack Linked To FTX
A U.S. court has charged three individuals for staging a SIM-swapping hack that reportedly victimized FTX, Sam Bankman-Fried's fallen crypto exchange.
Middle East Conflict: Israeli Missile Attack Reportedly Kills Iranian Revolutionary Guards Adviser
It's the 119th day of the war in Gaza -- eyes are on the greater Middle East as the U.S. readies its response to the killing of American troops, and Iranian-backed Houthis step up attacks in the disturbed Red Sea.
FTX Scraps Relaunch Plans, Expects Full Customer Repayment
FTX, the collapsed crypto exchange founded by Sam Bankman-Fried, said it has abandoned plans to relaunch and will instead focus on liquidating assets so it can repay customers.
Hackers Steal $213M In XRP, Ripple CEO Confirms 'Unauthorized Access' To Some 'Personal' Accounts
Hackers stole over $200 million worth of XRP from a crypto wallet whose ownership is unclear, and Ripple's CEO has since confirmed that some of his non-Ripple "personal" wallets were accessed.
Middle East Conflict: US Strikes Houthi Drone Control Post; IRGC Reportedly Shrinks Syrian Presence
On Day 118 of the Israel-Hamas war, the Iranian-backed Houthis are largely becoming the center of global concern as Washington and its allies move to deter the rebel paramilitary group's attacks in the tumultuous Red Sea.
Terraform Labs Says Bankruptcy Filing 'Critical' In Its SEC Lawsuit Appeal
Terraform Labs, the blockchain firm behind the TerraUSD (UST), said Tuesday that its Chapter 11 bankruptcy filing would also help keep the Terra network's operations rolling.
US Announces Fortified, Beneficiary-Centric Selection Process For H-1B Visa
The U.S. has announced a new selection process for H-1B visa registrations that should reduce fraud possibilities and strengthen the integrity of the selection process.