A Denver online pastor and his wife are facing serious legal trouble after being indicted on Tuesday for orchestrating a cryptocurrency scheme that defrauded their religious community out of over $3 million. Eli Regalado and his wife, Kaitlyn,...
OpenAI is set to supercharge its AI compute capacity with a new 4.5 gigawatt expansion in partnership with Oracle, marking a significant step towards its ambition of deploying 10 gigawatts of compute power across the United States. The...
US prosecutors are moving to seize $7.1 million in cryptocurrency linked to an alleged oil and gas investment scam that duped investors out of nearly $97 million over two years. The Seattle US Attorney’s Office filed a civil...
Exchange-traded fund issuer 21Shares is seeking to launch a spot Ondo ETF in the United States, marking another stride into tokenized real-world assets. On Tuesday, the company filed a preliminary prospectus with the Securities and Exchange Commission (SEC)...
ARK Invest has deepened its crypto exposure by acquiring $182 million worth of BitMine shares across multiple ARK funds, marking a significant vote of confidence in BitMine’s aggressive Ethereum strategy. Announced on July 22, the deal involved the...
In a surprising turn of events, the US Securities and Exchange Commission (SEC) has approved but immediately paused the conversion of Bitwise’s flagship crypto index fund into an exchange-traded fund (ETF), leaving the process in limbo pending further...
Square, the payments platform owned by Jack Dorsey’s Block, Inc., has officially launched its Bitcoin payment integration, allowing select merchants to start accepting BTC at their terminals. Announcing the rollout on July 22 via X, Dorsey confirmed that...
The UK is set to outlaw ransomware payments by public sector bodies and operators of critical national infrastructure, under new proposals unveiled by the Home Office on Tuesday. The move, aimed at undermining the profitability of cybercrime, would...
The Bank of England (BOE) is re-evaluating its plans to launch a digital pound amid shifting priorities towards stablecoins and tokenized bank deposits, according to people familiar with the matter. Bloomberg reported that the BOE is urging commercial...
Coinbase has expanded its derivatives offerings by launching perpetual futures trading in the United States, granting eligible users access to high-leverage crypto trades previously unavailable under U.S. regulatory frameworks. On Monday, the leading crypto exchange announced that U.S....
