Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express
IRS wants $38 billion tax from Alameda According to recent flings posted by the claims agent of bankrupt cryptocurrency exchange FTX, the U.S. Internal Revenue...
US House financial committee tells SEC they don’t like custody proposal
The chair of the United States House of Representatives Financial Services Committee and six subcommittee chairs have sent a letter to U.S. Securities and Exchange...
Federal Reserve’s FedNow will integrate with Metal Blockchain
The Federal Reserve’s forthcoming instant payment service FedNow will be integrated with Metal Blockchain, according to a May 11 announcement from the Metal Blockchain team....
Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly
The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11. Previously, only Telebirr,...
D-Central Launches Innovative “Hash No Cash” Promotion Across North America – CoinJournal
Laval, Canada, May 11th, 2023, Chainwire Groundbreaking Initiative Revolutionizes ASIC Repair Services, Encourages Sustainability and Decentralization in Cryptocurrency Mining. D-Central Technologies Inc., a pioneer in...
‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase
Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the...
Watchdog sues SEC over FOIA access to docs on potential crypto conflict of interest
Watchdog group Empower Oversight Whistleblowers & Research (EMPOWR) has filed suit against the United States Securities and Exchange Commission (SEC) to force the agency to...
Hut 8 Mining stock down on a big hit to Q1 revenue: buy the dip?
Hut 8 Mining reports a 64% year-on-year hit to revenue in its Q1. Craig-Hallum analyst sees downside in “HUT” to C$2.0 a share. Hut 8...
GAO cites exposure to digital assets in exploring collapse of Signature Bank
The United States Government Accountability Office, or GAO, has released its preliminary review of the failures of Silicon Valley Bank and Signature Bank — and...
Odsy Network completes $7.5M seed round to decentralize access control in Web3
The seed round raised the Odsy Network valuation at $250 million. The round was led by Blockchange Ventures with participation of VCs, strategic partners, and...