The partnership targets foreign travelers in South Korea, adding real-world merchant access through a major local payments processor. Crypto.com has partnered with KG Inicis, one of the largest South Korean payment gateways and value-added network providers, to introduce crypto payment options for foreign visitors across the country. KG Inicis, which processes hundreds of millions of...Continue Reading
Michael Coberg was sentenced to 63 months in prison for his role in helping the so-called crypto “Godfather” with a sham drug bust and the extortion of a victim for $127,000. A former Los Angeles County Sheriff’s Department deputy has been sentenced to more than five years in prison for helping Adam Iza, a jailed...Continue Reading
The voluntary dismissal was filed without prejudice, meaning Beba and the DeFi Education Fund could refile the same case at a later date. Texas-based apparel company Beba and crypto lobby group DeFi Education Fund have withdrawn a 2024 lawsuit against the US Securities and Exchange Commission (SEC) over its approach to airdrops, citing a recent...Continue Reading
US-listed spot Bitcoin ETFs have tallied nearly $1 billion worth of inflows since March 9, with Bitcoin rising more than 12% to $74,250 in that time. US-based spot Bitcoin exchange-traded funds recorded their sixth day of inflows on Monday as Bitcoin rose over 12% over the period, marking the longest streak of fresh capital into...Continue Reading
“We’re doubling down on Messari as an AI-first company serving institutions through research and AI products,” said Messari’s new CEO, Diran Li on Monday. Blockchain data provider Messari has announced a series of layoffs on Monday as its CEO, Eric Turner, stepped down to make way for the company’s “next phase” as an AI-first company. ...Continue Reading
The SEC has proposed narrowing Rule 15c2-11 to equity securities only, and is now seeking comment on whether it should apply to certain crypto assets, among other questions. The US Securities and Exchange Commission is pushing to clear up years of confusion over a key broker-dealer reporting rule that prevented certain assets from being quoted...Continue Reading
Justice Cotter said in his judgment that the husband in the case has a high chance of succeeding, given the available evidence and recommended an early trial. A UK resident has accused his estranged wife of stealing 2,323 Bitcoin from his Trezor hardware wallet in 2023, alleging she used a security camera to capture his...Continue Reading
“What’s a better time to cut interest rates than now? A third-grade student would know that,” said US President Donald Trump. US President Donald Trump has again pressured the Federal Reserve to cut interest rates immediately, saying at a White House meeting that they should have a “special meeting” to reduce rates. “What’s a better...Continue Reading
Critics have been warning that prediction markets tied to wars could incentivize insider trading, which lawmakers in the US and abroad have moved to regulate. Prediction markets platform Polymarket says it has now banned and reported users who pressured an Israeli journalist with death threats to amend a news article about an Iranian missile strike...Continue Reading
OpenSea’s SEA token was first announced last October as it revealed it would be transitioning from an NFT marketplace to one that can “trade everything.” Nonfungible token marketplace OpenSea has postponed the launch of its native token SEA, initially slated for March 30, citing tough market conditions and it not being market-ready. “The reality is...Continue Reading
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