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- DeFi lobby drops airdrop lawsuit against SEC, citing crypto shiftThe voluntary dismissal was filed without prejudice, meaning Beba and the DeFi Education Fund could refile the same case at a later date.Texas-based apparel company Beba and crypto lobby group DeFi Education Fund have withdrawn a 2024 lawsuit against the US Securities and Exchange Commission (SEC) over its approach to airdrops, citing a recent shift […]
- Ex-LA cop gets 5 years prison for helping crypto ‘Godfather’ extort victimsMichael Coberg was sentenced to 63 months in prison for his role in helping the so-called crypto "Godfather" with a sham drug bust and the extortion of a victim for $127,000.A former Los Angeles County Sheriff’s Department deputy has been sentenced to more than five years in prison for helping Adam Iza, a jailed crypto […]
- Messari’s new CEO is doubling down on AI as firm cuts staff“We’re doubling down on Messari as an AI-first company serving institutions through research and AI products," said Messari's new CEO, Diran Li on Monday.Blockchain data provider Messari has announced a series of layoffs on Monday as its CEO, Eric Turner, stepped down to make way for the company’s “next phase” as an AI-first company. “Today, I […]
- US Bitcoin ETFs post 6-day inflow streak as crypto ralliesUS-listed spot Bitcoin ETFs have tallied nearly $1 billion worth of inflows since March 9, with Bitcoin rising more than 12% to $74,250 in that time.US-based spot Bitcoin exchange-traded funds recorded their sixth day of inflows on Monday as Bitcoin rose over 12% over the period, marking the longest streak of fresh capital into the […]
- SEC seeks comment on crypto handling in OTC broker-dealer ruleThe SEC has proposed narrowing Rule 15c2-11 to equity securities only, and is now seeking comment on whether it should apply to certain crypto assets, among other questions. The US Securities and Exchange Commission is pushing to clear up years of confusion over a key broker-dealer reporting rule that prevented certain assets from being quoted by […]
- Trump ups pressure for Fed chair Powell to cut rates ‘right now’“What’s a better time to cut interest rates than now? A third-grade student would know that,” said US President Donald Trump.US President Donald Trump has again pressured the Federal Reserve to cut interest rates immediately, saying at a White House meeting that they should hold a “special meeting” to reduce rates.“What’s a better time to […]
- Wife used CCTV to steal $176M of husband’s crypto, UK court toldJustice Cotter said the husband has a high chance of succeeding based on the available evidence and recommended an early trial.A UK resident has accused his estranged wife of stealing 2,323 Bitcoin from his Trezor hardware wallet in 2023, alleging she used a security camera to capture his seed phrase and wallet access codes.In a […]
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