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09-21-2024
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Business

Jack Dorsey’s Block under federal investigation for terror transactions, sanctions evasion
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2 May, 2024

Jack Dorsey’s Block under federal investigation for terror transactions, sanctions evasion

A former Block employee had met with prosecutors at the U.S. Attorney’s Office for the Southern District of New York...
Abu Dhabi free zone inks MOU with auditing firm for blockchain security, compliance standards
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2 May, 2024

Abu Dhabi free zone inks MOU with auditing firm for blockchain security, compliance standards

The ADGM-Hacken collaboration will focus on developing security standards, on-chain monitoring solutions in line with the region's aspiration to become...
Apple in talks with OpenAI for iPhone AI features: report
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1 May, 2024

Apple in talks with OpenAI for iPhone AI features: report

Apple has renewed talks with OpenAI to power some features in the upcoming iOS 18; the iPhone maker is also...
Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion
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1 May, 2024

Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion

Lawyers representing Terraform Labs and its disgraced co-founder Do Kwon have filed a motion opposing U.S. SEC’s request for $5.3...
Roger Ver arrested and charged with US mail fraud and tax evasion
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1 May, 2024

Roger Ver arrested and charged with US mail fraud and tax evasion

The focus of the investigation starts with Roger Ver’s acquisition of thousands of BTC tokens, a process that began in...
Binance’s Changpeng Zhao makes mockery of justice with four-month sentence
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1 May, 2024

Binance’s Changpeng Zhao makes mockery of justice with four-month sentence

Last November, CZ and Binance reached a $4.3 billion settlement with the DoJ based on the exchange’s blatant violations of...
Blockchain tech tapped for lithium battery certificates in new use case
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1 May, 2024

Blockchain tech tapped for lithium battery certificates in new use case

The plan to use blockchain for battery safety certifications will involve a partnership with Mediterranean Shipping Company and Global Shipping...
CIOs open to AI but return on investment concerns continue to plague adoption
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30 April, 2024

CIOs open to AI but return on investment concerns continue to plague adoption

Amid ethical and business concerns and the slow adoption of artificial intelligence, a Lenovo survey showed that 81% of polled...
US seeks 36-month sentence for Binance founder Changpeng ‘CZ’ Zhao
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30 April, 2024

US seeks 36-month sentence for Binance founder Changpeng ‘CZ’ Zhao

The U.S. Department of Justice has filed a sentencing memorandum with the U.S. District Court for the Western District of...
Turkey tops list for stablecoin purchases versus GDP
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30 April, 2024

Turkey tops list for stablecoin purchases versus GDP

Stablecoin purchases accounted for 4.3% of Turkey’s GDP, the highest ratio globally; the U.S. ranked fourth at 0.5% despite having...
DOJ dismisses Tornado Cash co-founder’s motion to dismiss
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30 April, 2024

DOJ dismisses Tornado Cash co-founder’s motion to dismiss

Tornado Cash co-founder Roman Storm argues there had been no conspiracy to launder stolen cash and that he has no...
Bundesbank president: Digital euro ‘won’t be introduced anytime soon’
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30 April, 2024

Bundesbank president: Digital euro ‘won’t be introduced anytime soon’

German central banker Dr. Joachim Nagel says the digital euro won't likely be live before 2028-2029 as Europe continues to...