The seizures and freezing over three months were conducted by the District of Columbia’s Scam Center Strike Force, established by US Attorney Jeanine Pirro in November. Officials with the US Department of Justice reported “freezing, […]
Update (Feb.27, 1:25 Am UTC): This article has been updated to include more information on Block’s job cuts and earnings results. Jack Dorsey’s payments company Block is set to cut around 40% of its staff […]
The United Kingdom’s Financial Conduct Authority (FCA) selected four companies to join a dedicated stablecoin cohort within its long‑running Regulatory Sandbox. In a Wednesday press release, the FCA said it chose Monee Financial Technologies, ReStabilise, […]
Axon Enterprise (AXON) shares surged more than 20% following its fourth-quarter results, which highlighted rising demand for the company’s AI-enhanced software tools and growing adoption across its customer base. The Scottsdale-based company posted record results […]
Artificial intelligence firm Anthropic has accused three AI firms of illicitly using its large language model Claude to improve their own models in a technique known as a “distillation” attack. In a blog post on […]
The Board of Peace established by US President Donald Trump, which requires a $1 billion contribution for membership, is reportedly exploring a stablecoin for use in rebuilding Gaza’s economy following two years of war triggered […]
The US Securities and Exchange Commission (SEC) staff last week clarified that broker-dealers can apply a 2% “haircut” to their stablecoin holdings without objection from the SEC. Previously, broker-dealers were uncertain whether to apply a […]
Nasdaq, the global exchange operator and market technology provider, is seeking a product manager to spearhead its tokenization efforts as Wall Street accelerates efforts to bring traditional assets onto blockchain infrastructure. The New York-based role […]
On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did. “Parsec is shutting down,” the company said in an X post […]
The prediction market’s Dutch arm, Adventure One, allegedly offered illegal bets, including on elections in the Netherlands. The Netherlands Gambling Authority said it imposed a penalty on prediction markets platform Polymarket’s Dutch arm, Adventure One, […]
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