Amid increasing tensions between the United States and China, BlackRock, the American multinational investment management corporation, finds itself under the scrutiny of a U.S. congressional committee. The House of Representatives’ Select…
FTX Trading, the once-leading cryptocurrency exchange, has launched a legal offensive against its former CEO, Sam Bankman-Fried (SBF), and several individuals from his inner circle. The exchange aims to recoup more than $1 billion, which…
Judge Joseph Spero has ordered Kraken, one of the leading cryptocurrency exchanges, to provide sensitive user information to the Internal Revenue Service (IRS). The court’s decision comes after the tax agency sought to determine whether…
The United States Securities and Exchange Commission (SEC) has imposed a $4 million fine on banking giantJPMorgan Chase, following the inadvertent deletion of approximately 47 million banking records. The vanished data consists mainly of…
The globally burgeoning threat of state-sponsored cybercrime has taken a new turn as North Korea’s latest actions grab international attention. An expose by the Wall Street Journal uncovers a scheme by the regime there to fund its ballistic…
Atomic Wallet, a popular cryptocurrency wallet service, has been hit by a devastating security breach, resulting in the theft of over $35 million worth of digital assets from its users. The incident has left distraught users questioning the…
Tesla and Twitter CEO Elon Musk has accused Microsoft of illegally training their artificial intelligence (AI) software using Twitter data. Additionally, Musk accused Microsoft of selling that data to other parties later on. In a series of…
Coinbase saw whopping growth in 2020 as bitcoin rallied to close out the year.New numbers published on the Coinbase “About” page Friday show the exchange now has over $90 billion in assets on platform and over 43 million registered users.…
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