SBF has officially withdrawn his request for a new trial while maintaining his current appeal. The former head of the FTX cryptocurrency exchange, Sam Bankman-Fried, has formally retracted his motion for a new trial in the Southern District of New York. This move marks another shift in the complex legal aftermath following the collapse of
The lawsuits accuse the companies of offering illegal gambling through their prediction market platforms Legal actions initiated by the New York Office of the Attorney General assert that Coinbase Financial Markets and Gemini Titan have circumvented state regulations by offering unlicensed prediction markets to the public. According to the lawsuit, these platforms function as unauthorized
Scammers are using the Strait of Hormuz closure to trick shipping companies into paying fake fees Maritime risk experts have issued an urgent warning regarding a sophisticated cryptocurrency scam targeting vessels stranded near the Strait of Hormuz. Fraudulent actors, impersonating Iranian security officials, are contacting shipping firms to demand transit fees in exchange for guaranteed
The exchange continues to integrate more advanced digital assistants into its daily operations Coinbase CEO Brian Armstrong has his eyes on artificial intelligence (AI). He announced over the weekend that the cryptocurrency exchange is rapidly deploying AI agents designed to automate workflows and enhance productivity. Coinbase is testing AI agents that show up in slack/email
Foundation announces shutdown after unsuccessful attempt to complete a sale to Blackdove NFT marketplace Foundation has announced it will shut down after a failed attempt to sell its assets to Blackdove, a digital art platform. The company confirmed that negotiations did not result in a completed deal, removing its primary path to continued operations. Without
Officials are pushing Congress to advance delayed crypto market structure legislation before elections The White House has intensified efforts to encourage Congress to advance bills on cryptocurrency market structures ahead of the midterm elections. Treasury Secretary Scott Bessent, along with senior policy advisers, has publicly supported the bill, emphasizing the need for regulatory clarity in
The integration is expected to enhance eToro’s offerings in tokenized assets, yield products and prediction markets Trading platform eToro announced today an agreement to acquire Zengo, a provider of self-custodial cryptocurrency wallets. The acquisition is a strategic move to bolster eToro’s presence in the onchain market, integrating Zengo’s specialized wallet technology into its existing infrastructure.
The DOJ has begun to accept requests from those who lost money in the Ponzi scheme The Department of Justice (DOJ) has officially opened a portal for victims of the OneCoin cryptocurrency fraud to submit claims for restitution. This $4 billion Ponzi scheme, orchestrated by the fugitive “Cryptoqueen” Ruja Ignatova, defrauded millions of investors globally
Researchers have identified a number of routers capable of injecting harmful code and stealing cryptocurrency Researchers from the University of California published a paper revealing that some third-party AI large language model routers pose serious security vulnerabilities capable of resulting in crypto theft. The paper identified four distinct attack vectors, including malicious code injection and
The increase is contingent on two major macro catalysts accelerating adoption beyond baseline growth Chainalysis estimates that adjusted stablecoin volume could hit $719 trillion by 2035 through organic growth alone, up from $28 trillion in 2025, but that figure could approach $1.5 quadrillion if two major catalysts materialize: the baby boom generation passing $100 trillion
The name is one that has emerged previously as the mysterious creator of Bitcoin On April 8, the New York Times published an investigation by journalist John Carreyrou, known for exposing the Theranos fraud, naming Adam Back, a 55-year-old British cryptographer, as the most probable person behind the Satoshi Nakamoto pseudonym. Back is the CEO
Coinbase has secured an Australian Financial Services License (AFSL) to offer equity trading Coinbase has officially expanded its service offerings in Australia by moving into the realm of traditional stock trading. This strategic pivot is facilitated by the acquisition of an Australian Financial Services License (AFSL), allowing the company to facilitate equity trading for its
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