Stablecoin operator Tether Holdings withdrew more than $4.5 billion from banks in the first quarter of 2023, leading to a "significant reduction" in counterparty risk, the company said in a post touting BDO Italia's latest certification.
South Korean prosecutors have raided the offices of two local cryptocurrency exchanges amid an investigation surrounding lawmaker Kim Nam-guk's digital assets.
An Irish daily has apologized to its readers after it unknownly published an article by a guest writer who used artificial intelligence (AI) to write articles.
Tech giant Samsung Electronics has reportedly teamed up with South Korea's central bank to conduct research on a central bank digital currency (CBDC) for offline payments.
OpenAI boss Sam Altman is reportedly in "advanced talks" to secure $100 million in funding for Worldcoin, a project to create a collectively owned and globally distributed cryptocurrency.
US securities regulators are seeking to revise a $22 million penalty on decentralized content platform LBRY, acknowledging that it is unlikely to come up with the funds to pay.
A lawsuit filed in Illinois District Court details Jump Trading's alleged involvement in Terraform Labs' manipulation of the price of its failed algorithmic stablecoin,
On May 14, Crypto Twitter was briefly ignited by suggesting that the world’s first real-world purchase made with Bitcoin might be a JPEG rather than a pizza.
Legislators in the U.S. state of Texas have voted to amend the state’s bill of rights and add a provision recognizing the right of individuals to own, retain and use digital currencies. The decision was made on Wednesday, May 10.
Ethereum core developers rolled out patches to Prysm Labs and Teku clients within 24 hours to deal with two beacon chain finality issues. The beacon chain acts as the consensus layer for the Ethereum network.
Troubled cryptocurrency lender Celsius appears to be running out of time to move its ethereum-collateralized tokens from liquidity-collateralized platform Lido, which has just enabled withdrawals.
The G7 committee recently met in Niigata, Japan, to discuss topics such as the impact of central bank digital currencies (CBDCs) on global finance and laws governing the transfer of crypto-assets.
The U.S. Department of Justice (DOJ) crypto czar is cracking down on decentralized finance (DeFi) hackers and exploiters amid a four-year rise in illicit crypto activity.
The National Bank of Ethiopia (NBE) has announced on May 11 the issuance of a mobile money service license to Safaricom M-Pesa mobile financial services. Previously, only Telebirr, part of the state-owned Ethiopian Telecom network, operated in the market.
