Jan 25 2024
A Boston appeals court revived Mexico’s US$10 billion lawsuit against the U.S. arms industry on Monday. The case will now go back to the lower court where Mexico will try to prove the negligence of the companies and seek reparations for the damages. In 2021, Mexico sued several U.s. companies, including Smith & Wesson, Glock, …
Jan 25 2024
Digital asset custodian Atato announced a strategic integration with Cronos Chain and the XRP Ledger. The main objective of the partnership is to make a substantial influence through its innovative Bring-Your-Own-Chain (BYOC) feature. The integration is expected to boost both the DeFi and GameFi sectors while simultaneously strengthening the XRPL’s role in the blockchain ecosystem. …
Jan 25 2024
Law enforcement officials in New York havethree individuals suspected of being associated with a drug trafficking organization that was operating from a pizzeria in the Bronx. During their operation, they seized various drugs estimated to be worth around US$4 million. The Drug Enforcement Administration (DEA) conducted surveillance on Guadencio Rosendo Perez and Zulema Cardenas Espinoza, …
Oct 13 2023
Gold has been among the most popular investment tools for wealth preservation. However, its performance on weekly, yearly, and even 10-yearly scales is not all that impressive. At the same time, BTC is a much newer concept that takes gold’s unique qualities a step further. And, even though it has disadvantages of its own, it …
Oct 13 2023
@Satoshi, the handle for a verified account under Satoshi Nakamoto, has tweeted for the first time in five years. The user commits to spending the next few months exploring additional important issues about Bitcoin, left out of the original white paper. This unexpected return has sparked curiosity and speculation within the cryptocurrency community, with over …
Oct 13 2023
Ark Invest, led by Cathie Wood, has taken a significant step forward by filing an updated version of its spot Bitcoin ETF prospectus. The move is in response to recent feedback from the U.S. Securities and Exchange Commission (SEC) asking for clarifications on some concerns. Eric Balchunas, a seasoned ETF analyst at Bloomberg, was quick …
Oct 12 2023
The suspects had links to the ‘Primeiro Comando da Capital,’ the largest Brazilian criminal organization. The suspected gang’s boss is the son of the Serbian narco boss Goran Nešić, also known as Ciga (Gypsy) Goran was extradited to Serbia in 2018 to serve an 8-year jail term for smuggling 24.5 kilos of heroin from Bulgaria. …
Oct 12 2023
iFinex, the owner of popular cryptocurrency exchange network BitFinex and collaborator with Tether Holdings Ltd, reportedly unveiled a $150 million share buyback plan. This new announcement marks a significant milestone for the company’s growth, history, and efforts to make amends for its tainted history. As per the , iFinex has offered a $10 per share …
Oct 12 2023
Ross Ulbricht, the founder of the infamous darknet marketplace Silk Road, revealed that he has now spent an entire decade in prison. He took to social platform X to express his fear that he would spend his remaining days trapped within “concrete walls and locked doors.” Supporters on X rallied around him, arguing that his …
Oct 10 2023
The FCA added 145 digital asset companies, including major exchanges Huobi-owned HTX and KuCoin, to its warning list. This decision follows the FCA’s expansion of regulations to include cryptoasset service providers, regardless of their geographical location. In the UK, companies engaged in cryptocurrency operations must either be registered with the Financial Conduct Authority or have …