The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, the ninth-largest bank in the United States, accusing it of deceptive practices that allegedly cost customers billions…
Michael Saylor, executive chairman of MicroStrategy, revealed that banks can now legally custody Bitcoin (BTC) following the repeal of the controversial SAB 121 rule. The rule, outlined in an earlier…
Listed cryptocurrency miner Riot Platforms has announced a strategic pivot from Bitcoin mining to exploring opportunities in artificial intelligence (AI) and high-performance computing (HPC). The company plans to utilize approximately…
In a major announcement, Binance, the world’s leading cryptocurrency exchange, has revealed that it is now offering services to residents of Uzbekistan. This expansion is made possible through a partnership…
Amid the growing popularity of Ripple’s stablecoin, RLUSD, Ripple President Monica Long has expressed confidence that an XRP Spot ETF could be the next major cryptocurrency investment product approved in…
On January 2, BlackRock’s iShares Bitcoin Trust (IBIT) experienced record-high outflows, with $333 million withdrawn in a single day, according to data from Farside Investors. This marks the largest outflow…
The U.S. Treasury fell victim to a significant cyberattack earlier this month, allegedly orchestrated by a Chinese state-sponsored Advanced Persistent Threat (APT) group. The attack, which exploited vulnerabilities in third-party…
A significant legislative move has been made in Russia’s State Duma, proposing mandatory adoption of the digital ruble, the nation’s central bank digital currency (CBDC). Spearheaded by Anatoly Aksakov, head…
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