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Visa’s Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJ

The United States Department of Justice (DOJ) filed a lawsuit Thursday to stop Visa’s planned $5.3 billion acquisition of fintech firm Plaid, saying it violates antitrust laws and would eliminate competition in the online debit market. Filed in a Northern California federal court, the lawsuit described Visa as a “monopolist” in

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Police Thwart Dark Web Criminals Who Planned to Firebomb a Nebraskan Pharmacy

A dark web drug lord and a Nebraskan pharmacist pled guilty to federal charges on July 13 after both were accused of conspiring to bomb a competing business.According to the indictment by the U.S. Department of Justice, 32-year-old William Burgamy from Maryland was the alleged owner of an illegal pharmaceutical

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Blockchain Project Kyber Unveils Date for Planned ‘Katalyst’ Protocol Upgrade

Kyber Network’s next protocol upgrade, dubbed Katalyst, is expected to go live on July 7. In an emailed announcement on Monday, Kyber said the upgrade will usher in changes around the role of its native token, the Kyber Network Crystal (KNC), aimed at attracting more participants to the protocol’s development. The Katalyst

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China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC

The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency (CBDC).As domestic news outlet Sina reported on Jan. 10, People’s Bank of China (PBoC) accomplished the top-layer design of the planned digital yuan, developed relevant standards, carried out research

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Bakkt Warehouse Launches Deposits and Withdrawals as Planned

Bakkt Warehouse, a qualified custodian of crypto trading platform Bakkt, is now accepting customer Bitcoin (BTC) deposits and withdrawals.First physical BTC futures on the wayAs the company tweeted on Sept. 6, Bakkt Warehouse has officially launched in accordance with the plans revealed on Aug. 28.The launch of Bakkt Warehouse

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