Coin Cafe to repay $4.3M in fees that ‘wiped out’ investors’ Bitcoin accounts
Cryptocurrency trading platform Coin Cafe has been ordered to repay $4.3 million to its users after allegedly charging “exorbitant and undisclosed fees" for storing Bitcoin...
FTX pursues $244M clawback from ‘wildly inflated’ Embed acquisition deal
FTX’s leadership is looking to claw back more than $240 million from insiders and executives that benefited from FTX's "wildly inflated" acquisition of stock-clearing platform...
Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express
Hong Kong partners with 16 companies to build CBDCs On May 18, the Hong Kong Monetary Authority (HKMA) announced the launch of the cyber Hong...
Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators
A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on government regulation and...
US House stablecoin hearing focuses on competing bills for regulation
State versus federal regulation was a key issue in the hearing on stablecoins in the United States House of Representatives on May 18. The House...
BTBT stock price outlook as Bit Digital expands in Iceland
Bit Digital stock price jumped on Thursday as cryptocurrency prices drifted upwards. BTBT stock has jumped by more than 375% from the lowest level in...
Wells Fargo to pay $1B in shareholders lawsuit settlement
Financial services firm Wells Fargo has reached a settlement in a class-action lawsuit, agreeing to pay shareholders $1 billion. The lawsuit alleged that the bank...
Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’
Self-regulatory organization CryptoUK and crypto exchange Kraken UK has slammed a recent report from a panel of British lawmakers that suggested crypto should be regulated...
Korean lawmakers rally towards crypto rules in May after grisly murder case: Report
Lawmakers from South Korea are pushing to enshrine stricter regulation of digital assets in the wake of a gruesome murder case involving digital assets. According to...
Grayscale says SEC staff suggest Filecoin is a security
Grayscale says it disagrees with SEC’s staff over suggestions that Filecoin (FIL) is a security. The letter from the SEC staff was sent on 16...