Multi-asset trading platform Liquid has launched Co-Invest to let users trade directly within ChatGPT and Claude The multi-asset trading platform Liquid has announced a major upgrade by enabling direct financial transactions inside prominent artificial intelligence assistants. Through the newly launched Co-Invest application, users can manage their accounts and execute live trades across multiple global markets
Zhu Juntao faces multiple corporate fraud charges in Singapore tied to the cryptocurrency company Singapore law enforcement authorities have officially charged former Hodlnaut chief executive Zhu Juntao with six counts of corporate fraud. The legal action stems from allegations that Zhu made highly misleading public representations regarding the financial condition of his digital asset lending
The settlement is the result of an agreement to settle an ongoing class-action lawsuit against the firm Prominent Silicon Valley law firm Fenwick and West has reached an agreement to pay $54 million to resolve a class action lawsuit brought forward by former customers of the collapsed cryptocurrency platform FTX. The legal settlement targets the
Polymarket is starting a lobbying campaign to secure official prediction market authorization in Japan by 2030 The global prediction market platform Polymarket has initiated a strategic effort to enter the Japanese financial landscape. By appointing Mike Eidlin as its local representative, the company aims to navigate the country’s rigorous regulatory environment and gain government approval
The central bank has proposed a new relationship with cryptocurrency-based financial institutions The US Federal Reserve has unveiled a proposal to establish limited payment accounts designed for fintech and crypto-connected banking institutions. This initiative seeks to provide these entities with specialized access to the federal payment infrastructure, though these accounts would function with significantly narrower
North America’s largest Bitcoin ATM provider has halted operations across its entire machine network Bitcoin Depot has commenced voluntary Chapter 11 bankruptcy restructuring in the US Bankruptcy Court for the Southern District of Texas following severe financial distress. This legal filing resulted in the immediate shutdown of approximately 9,700 cryptocurrency teller machines positioned throughout convenience
A new provision in the 21st Century ROAD to Housing Act seeks to stop CBDC discussions The effort to permanently prohibit a central bank digital currency is intensifying as Republican legislators seek to embed the restriction into a major housing bill scheduled for a vote in the House of Representatives. The Chinese Communist Party uses
The cryptocurrency exchange is laying off staff due to “operational efficiencies” gained from AI Major cryptocurrency exchange Kraken has enacted a strategic workforce reduction by parting ways with approximately 150 employees as part of an aggressive cost-cutting initiative. The company is actively optimizing its operational framework by leaning heavily into artificial intelligence technologies across various
The Senate Banking Committee advanced the first major legislation designed to regulate the cryptocurrency market The Clarity Act successfully cleared a significant legislative hurdle on Thursday after the Senate banking committee approved the measure with a 15-9 vote. This decision represents a major milestone for the digital asset industry as it is the first comprehensive
20 victims have filed a $525m lawsuit against the law firm Fenwick & West A massive $525 million legal action has been initiated in the US District Court for the District of Columbia against Fenwick & West LLP by a coalition of victims spanning five different jurisdictions. The plaintiffs allege that the prominent Silicon Valley
The newly introduced feature lowers costs for high-frequency AI transactions The payment protocol x402 has launched a batch settlement feature specifically designed to facilitate extremely small transactions between artificial intelligence (AI) agents. This update allows for payments valued at less than $0.0001, which is essential for purchasing on-demand resources like computing power and data inference.
The proposed bank would focus on being a primary clearing house for artificial intelligence agents and stablecoin transactions Augustus recently reached a significant regulatory milestone after the Office of the Comptroller of the Currency granted conditional approval for a national bank charter. This development allows the payments firm to transition its European successes into the
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