Victims holding unpaid U.S. terrorism judgments against Iran have filed a motion requesting a court order compelling Tether to transfer approximately $344 million in USDT. These funds are currently held in wallet addresses that have been blocked by the Office…
Forward Industries, a firm significantly involved with the Solana ecosystem, has reported substantial year-over-year revenue growth for the quarter concluding March 31. Despite this impressive commercial expansion, the company also experienced a wider net loss, primarily influenced by markdowns in…
Global cryptocurrency exchange OKX is reportedly in discussions to acquire a significant stake in South Korean digital asset platform Coinone, as reported by Yonhap News Agency. This move, if finalized, would involve OKX and Korea Investment & Securities Co. each…
Bit Digital, a firm focused on Ethereum treasury management, has reported a decrease in revenue and an increase in net loss for the first quarter of the year. This financial performance coincides with the company’s strategic pivot away from Bitcoin…
B2C2 has secured a Crypto-Asset Service Provider (CASP) license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). This authorization permits the firm to offer regulated digital asset services throughout the European Union under the recently implemented…
The cross-chain communication space is seeing major shifts, with Lombard Finance, a significant player in the Bitcoin liquid staking protocol arena, announcing a massive migration of over $1 billion in Bitcoin-backed assets. This move sees them ditching LayerZero infrastructure in…
South Korean banking giant Hana Bank has announced a significant investment, acquiring a 1 trillion Korean won (approximately $670 million) stake in Dunamu, the operator of the prominent Upbit cryptocurrency exchange. This strategic acquisition involves the purchase of 2.28 million…
Kraken’s parent company, Payward, Inc., is reportedly undergoing a significant restructuring, including the layoff of approximately 150 employees. This move is seen as a strategic optimization effort as the company gears up for a potential initial public offering (IPO). Concurrently,…
Despite a recent advancement within the Senate Banking Committee, the path for the Clarity Act, a significant piece of legislation aiming to structure the digital assets market, remains fraught with substantial legislative challenges. While the industry has largely welcomed the…
Autonomous Fleet Operations Under Scrutiny Amidst Community Concerns Residents in northwest Atlanta have reported unusual activity involving Waymo’s autonomous vehicles, with empty robotaxis repeatedly circulating residential streets before sunrise for weeks. This behavior, primarily observed on Battleview Drive, has raised…