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“It's very prestigious, and a privilege, to be able to be approved by Apple for this kind of integration…These big platforms give us exposure to bigger audiences,” said Manghani. “Our attempt always has been to diversify and expose both the app as well as Web3, and the benefits that it
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The company, granted a New York BitLicense in January 2023, had advertised free wallet storage on its website, but it charged fees that sometimes entirely emptied investors’ accounts, the investigation concluded. In an agreement with the state, Coin Cafe is paying back those harmed, including 340 investors in New York. Source
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Financial services firm Wells Fargo has reached a settlement in a class-action lawsuit, agreeing to pay shareholders $1 billion. The lawsuit alleged that the bank had misled its shareholders about its efforts to resolve the 2016 fake accounts scandal.A $1 billion all-cash settlement was granted preliminary approval by United States
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Introduction. When we discuss the future of the digital economy and real life in the next generation of the Internet, we are inevitably talking about Web 3.0. The future is unknown, but we have seen some tech companies already exploring and deepening on their tracks, such as Alchemy Pay, mentioned
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The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher Expenses, More Challenges Under New
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Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered Steynberg to pay a civil monetary penalty of a similar amount. The Commodity Futures Trading Commission (CFTC) conceded
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The United States Treasury Department’s Office of Foreign Asset Control (OFAC) announced cryptocurrency exchange Poloniex has agreed to a $7.6 million settlement related to more than 65,000 apparent violations of multiple sanctions programs.In a May 1 notice, OFAC said the $7.6 million would be used to settle Poloniex’s civil case for
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Despite their large numbers of followers — and being potential targets for scammers impersonating them — not every major Crypto Twitter personality has signed up or been given a blue checkmark since the platform removed legacy verification on April 20.In a debate that’s almost exclusively limited to die hard enthusiasts
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Hacks remain common in the crypto space, with over $320 million in digital assets lost in the first quarter of 2023. However, recent hacks proved that some exploiters are willing to return assets in exchange for a prize, a process that some describe as a bug bounty program with a
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Changshu City in Jiangsu Province, East China, will begin paying all public sector personnel in e-CNY, better known as digital yuan, from May 2023. This is important in promoting the digital yuan, China’s official digital money. The
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