Court revives 2020 AT&T case over $24M crypto theft via SIM swap
Cryptocurrency stolen in a SIM swap may lead to a precedent-setting decision on phone company responsibility.
Related Posts
No BTC strategic reserve announcement from Sen. Lummis—Bitcoin 2024
Senator Lummis recently authored a report highlighting the benefit of the Bitcoin mining industry and denouncing Biden's proposed 30% tax.
US Federal Reserve bank at the helm of CBDC research effort appoints new president
Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank. 496 Total views 5 Total shares The Federal Reserve Bank of Boston, or Boston Fed, has selected economist Susan M. Collins, University of Michigan provost, to serve as its new president and chief executive officer.The seat became vacant…
Bitcoin Price Retakes $10K as Fresh Data Supports Giant $300K+ Bull Run
Bitcoin (BTC) price gained over $300 in just ten minutes on July 27 as markets rallied to take the largest cryptocurrency back above $10,000. Market visualization. Source: Coin360Bitcoin network holds clues to price futureData from Coin360 shows BTC/USD trending towards the psychologically important barrier after hitting local highs of $10,179 early Saturday. The sudden uptick ended a…
GME and AMC stock surge may impact crypto meme coins, BTC not so much?
This year, stocks like the movie theater chain AMC Entertainment and video game retailer GameStop (GME) have been the vehicle for individual retail traders to show their dissent against the so-called “free market.” Starting in late January and driven by sentiment from Reddit communities such as r/Wallstreetbets, these meme stocks have seen enormous growth this year.…
The SEC's war against Ethereum and Consensys isn’t over
Gary Gensler will be forced out as SEC chairman if Trump is elected — but he could remain as a commissioner to continue his anti-crypto crusade.
FTX crisis likely to spark a domino effect, macro analyst explains
The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg. 837 Total views 20 Total shares The repercussions of the cataclysmic FTX downfall are going to be broader than the crypto markets, as they will accelerate downward moves in stocks…
Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking
U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals.According to the document, published by the U.S. Patent & Trademark Office (USPTO), the payment processor has plans to allow merchants to interact with what it calls “blockchain currencies” via a…
Musk claims X hit by ‘massive DDoS attack’ delaying Trump interview
The livestream ended up kicking off 30 minutes after the scheduled start, with the pair discussing immigration and the attempt on Trump’s life.