DOJ sues Visa over alleged payments monopoly

The latest court documents in the David Kleinman versus Craig Wright case filed on Nov. 1 reveal that Wright — the self-proclaimed Bitcoin (BTC) creator Satoshi Nakamoto — informed the plaintiff that he could not finance a 500,000 BTC ($4.5 billion) settlement.Given that the case was apparently reaching a resolution with the agreement, the plaintiff…

The digital Swiss franc issuer is now licensed as a "digital asset trading facility." Sygnum, a major cryptocurrency bank in Switzerland, is preparing to finally introduce digital asset trading after receiving regulatory approval.On Sept. 1, Sygnum announced that it received regulatory approval from the Financial Market Supervisory Authority (FINMA), allowing the company to expand its…

The municipal government pledged to support the enterprises that are discovering the non-fungibles market. 297 Total views 6 Total shares China's biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), metaverse and Web3 in general during its next five-year plan. On July 13, Shanghai's Municipal Government published the…

North America-based institutional investors tend to buy and hold cryptocurrency more than those based in East Asia, according to Chainalysis. Bitcoin (BTC) is the most popular cryptocurrency for trading in every region of the world, but North American investors are the cryptocurrency’s biggest fans, a new report says.On Aug. 6, major crypto analytics firm Chainalysis…

In a major win for decentralization, members of MakerDAO, the lending protocol behind the Dai (DAI) stablecoin, have rejected a series of proposals that would have seen the protocol’s governance structure become more centralized. On June 27, the members of MakerDAO (MKR) showed up to consider three proposals that would have reorganized the leadership of the…

Bubblemaps’ analysis claims a handful of wallets purchased 30% of the supply of the memecoin DADDY before Andrew Tate promoted it online.

The ThorChain network remains halted after the protocol suffered a hack in which the perpetrator is estimated to have made off with $7.6 million in crypto assets. 339 Total views 1 Total shares Popular cross-chain decentralized exchange, ThorChain, has suffered a multimillion-dollar breach.Estimates as to the scale of the damage vary, with ThorChain revising the…

The Central Bank of Iran progresses with CBDC development in anticipation of a visit by the Bank of Russia’s governor Elvira Nabiullina. 705 Total views 6 Total shares Own this piece of history Collect this article as an NFTIran is moving forward with its central bank digital currency (CBDC) plans, completing preliminary research for the…

Jack Dorsey has outlined plans to build an open developer platform focused on creating Bitcoin DeFi services. 173 Total views 2 Total shares Square CEO Jack Dorsey has stated that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin.Dorsey made the announcement via Twitter earlier today,…