British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in a United States prison for his role in stealing $794,000 worth of cryptocurrency via a SIM swap attack on […]
The US Supreme Court ruled that the district court must stay proceedings in a class action lawsuit when interlocutory appeal is ongoing. Coinbase filed an appeal after its motion to compel arbitration was denied. The […]
The United States Supreme Court decided in favor of cryptocurrency exchange Coinbase on June 23 in a partisan opinion that will halt court proceedings against the company in two California cases. Plaintiffs in the class-action […]
Powell testified before the House Financial Services Committee today. He discussed a range of topics around digital assets on Wednesday. Bitcoin surpassed the $30,000 level today for the first in two months. Cryptocurrencies seem to […]
As cryptocurrencies and blockchain assets continue to grow in popularity and mainstream adoption, the United States Internal Revenue Service has taken an increasing interest in their taxation. In the U.S., cryptocurrency is subject to crypto […]
Consumer protection groups from the European Union (EU) have urged regulators to conduct investigations on artificial intelligence (AI) models behind popular chatbots. According to a report from the AP on Tuesday, 13 watchdog groups issued […]
Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison. Kwon’s colleague and former Terraform Labs chief […]
Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC sued Ripple Labs in December 2020, alleging that the company illegally sold unregistered securities in […]
Binance, Binance.US, and the United States Securities and Exchange Commission (SEC) reportedly agreed on Friday, June 16, to temporarily limit access to customer funds exclusively to Binance.US employees. According to reports, the proposed agreement, pending […]
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems like ChatGPT to first undergo review before release to the public. The regulation also seeks […]
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