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The US Treasury Department and Internal Revenue Service (IRS) have filed 45 claims worth $44 billion against bankrupt cryptocurrency exchange FTX and its subsidiaries.

On May 10, local news outlet Hankyung reported that more than 233.3 billion won ($176 million) of personal assets had been frozen by Terraform Labs co-founder and former CEO Do Kwon as part of an ongoing criminal proceeding.

Ethereum Layer 2 Blockchain Arbitrum Will Distribute Ether, The project, announced on Twitter on May 9, is worth nearly $6.2 million for its decentralized autonomous organization (DAO). ARB holders must claim rewards.

On May 10, non-fungible token (NFT) financialization protocol ParaSpace published several alleged violations linking its CEO, founder and CTO Yubo Ruan to mismanagement of funds, amounting to 2,909 Ether, Recovered through a white hat intercept that occ urred on March 18.

Singaporean megabank DBS is one of the few companies in the world to benefit from a massive cryptocurrency industry collapse in 2022.

On its first-quarter earnings call, digital media company BuzzFeed revealed a significant drop in revenue and hinted that that is about to change in the near future.

An artificial intelligence chatbot called "Wendy's FreshAI" will take orders from Wendy's drive-thru customers after the fast food chain partnered with Google Cloud to create the bot.

Cryptocurrency exchange OKX appears to have called out rival exchange Coinbase in a new global ad campaign, arguing that “the system doesn't need to be updated; it needs to be rewritten.”

Cryptocurrency asset manager Grayscale Investments has proposed three new cryptocurrency-focused exchange-traded funds (ETFs) for approval, and the firm has also announced a new entity to manage its growing fund.

Marathon Digital Announces Immersive Cryptocurrency Mining Operation in Abu Dhabi

On May 9, the BRC-20 bitcoin token total market capitalization exceeded $1 billion, with a total trading volume of $207.7 million over the past 24 hours.

On May 9, crypto exchange OKX sent roughly $60 million worth of digital assets to wallets linked to failed hedge fund Alameda Research, according to data from crypto analytics platform Arkham Intelligence.

According to a May 8 post by law firm Miller Thomson, which represents users of defunct cryptocurrency exchange QuadrigaCX, an interim distribution of funds related to the bankruptcy proceedings will be scheduled “in the coming weeks.”

Fintech firm PayPal recently disclosed its cryptocurrency holdings in its quarterly report to the US Securities and Exchange Commission.

Global cryptocurrency exchange Binance recovers from several pauses for Bitcoin, Its US arm, Binance.US, sells BTC at a premium.

Microsoft, Goldman Sachs and others team up to develop new blockchain network

Bitcoin's recent surge, Transaction fees ignited a fire as one of the largest cryptocurrency exchanges upgraded to the Bitcoin Lightning Network. After halting withdrawals for the second time,

The battle between the music industry and AI continues, with reports that Spotify is outlawing AI-generated music.

Bankrupt Bitcoin, Mining firm Core Scientific has objected to paying a $4.7 million administrative claim brought by crypto lender Celsius Network, leading to a dispute between the companies over contractual obligations.

Robert F. Kennedy Jr., challenging US President Joe Biden for the Democratic nomination in the 2024 presidential election, has once again shared more of his thoughts on cryptocurrencies on Twitter.