Crypto scam wrecks Kansas bank, sends CEO to prison
The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent to cryptocurrency …
cryptocurrency
Blockchain startup Story raises funds from a16z to stop IP theft by AI
Generative AI models require huge amounts of training data to enable their systems to produce advanced outputs. But the data that goes into them is often from sources where copyright …
Hong Kong urged to grab chance after world-first financial disclosure order in blockchain case
“I hope the government can improve the ecology of Web3 and regulate DAOs legally so that more people in the industry will come to Hong Kong to develop their projects …
How Americans are losing their life savings to crypto fraud
More and more Americans are losing thousands of dollars to a scheme that takes fraudsters weeks or months to pull off. “Pig butchering” scams earned the name from the idea …
US Bitcoin ETFs Garner $2.4B In Q2 Inflows
The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including …
Flexa Launches Components for Fee-Free Crypto Payments at Major Retailers
Flexa Components allows merchants to accept various cryptocurrencies, including USDC, BTC, and ETH. The tool integrates seamlessly with digital wallets, offering instant, fee-free transactions. Flexa, the world’s foremost pure-digital payments …
Polkadot (DOT) Investor Confidence Falls As Token Loses 16%
Polkadot has been on the down low since last month with investors and traders pulling out of the market. According to CoinGecko, the token is down more than 16% in …
Trump’s big cryptocurrency bet – CBS News
Former President Donald Trump, who once called bitcoin “a scam,” is now pitching himself as the pro-crypto presidential candidate. “You’re going to be very happy with me,” Trump said at …
Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats
When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to …
Tether Was Playing a Risky Game, a New Celsius Suit Reveals
“Ensuring that a stablecoin retains its peg even under stressed market conditions is a solvable problem,” Catalini says. In an optimal scenario, he says, reserves would be made up of …