Legal & Regulation

A divorce case exposed hidden Bitcoin assets, while the metaverse emerges as a popular venue for virtual weddings. A high-profile divorce case in New York recently uncovered hidden Bitcoin assets worth approximately $500,000. The wife,…

In recent news, Bryan Lee, a 57-year-old Las Vegas resident, has been charged for orchestrating a massive Metaverse scam. This scam amounts to more than $45 million. Yesterday, Federal prosecutors unveiled that Lee and his co-conspirators…

In a recent appearance at Bitcoin Miami 2023, Republican Senator Cynthia Lummis expressed her support for Bitcoin miners and voiced her skepticism about the Biden Administration’s proposed 30% excise tax on Bitcoin miners. Lummis, known for…

The world of cryptocurrencies has grown significantly over the past few years. Today, cryptocurrencies have become increasingly prevalent in the global financial ecosystem. This rapid growth has led to countries around the world having…

Just some hours ago, FTX, a failed yet major crypto exchange, initiated legal proceedings against Sam Bankman-Fried, its former chief executive officer. This lawsuit also includes Zixiao Wang, co-founder of FTX, and Nishad Singh, an…

LG Electronics has filed a patent for a blockchain-based smart TV capable of facilitating Non-Fungible Token (NFT) transactions. In an unprecedented move, South Korean tech giant LG Electronics has brought the world of Non-Fungible Tokens…

Bankrupt crypto lender BlockFi has made a significant decision to seek court authorization for the liquidation of its lending business. This move comes after unsuccessful attempts to sell the lending platform to third parties. In a document…

In a surprising turn of events, Changpeng Zhao (CZ), the CEO of Binance, has made a subtle move on Twitter by unfollowing Elon Musk, the CEO of Tesla. While this action may seem insignificant to some, it has ignited a flurry of speculation…

The US Congressional Budget Office (CBO) has recently published a report suggesting a significant risk of the US government failing to meet all its financial obligations. The report states that this could happen as early as June. This…

A U.S. judge has granted permission for bankrupt crypto lender BlockFi to return $297 million to customers with deposits held in its Wallet program. The return of funds does not apply to BlockFi Interest Accounts (BIA) users, as funds in…