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Virgin Islands says JPMorgan should pay damages in Epstein case
The government of the U.S. Virgin Islands in a court filing Friday estimated that it will seek damages of at least $190 million from JPMorgan Chase in a lawsuit accusing the big bank of facilitating sex trafficking by its former…
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Report Highlights Growing Money Laundering Problem in Crypto
Dirty money is pouring into the crypto industry at an alarming rate, according to a new study. More than a quarter (28 percent) of crypto firms have reported a rise in the number of Suspicious Activity Reports over the past six months.…
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BNB Chain to undergo major hard fork to address blockchain exploit risks
Key takeaways
BNB Chain is set to undergo its ZhangHeng upgrade later this month.
The upgrade will address blockchain…
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Coinbase Wallet launches instant messaging feature
Coinbase Wallet now supports instant messaging across any two Ethereum addresses.
The feature will leverage the XMTP…
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Shiba Memu’s presale nears $800k as XRP rallies on court rulling
Key takeaways
XRP rallied by more than 70% on Thursday following favourable ruling in Ripple’s legal case against the…
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This is How Singapore Plans to Fix CBDC Interoperability
The Monetary Authority of Singapore (MAS) is pioneering a revolutionary solution, Purpose Bound Money (PBM), to address the problem of central bank digital currencies (CBDCs) interoperability.
Under the MAS’s Project Orchid, PBM has…
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Johns Hopkins economist Steve Hanke
The U.S. no longer has an inflation problem, according to veteran economist Steve Hanke."I think the inflation story is history. One reason for that is that money supply has been contracting on a year-over-year basis by minus 4% in the…
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Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
Bitcoin mining difficulty reached an all-time high of 53.91 trillion units after the latest difficulty adjustment on July 12. It is a measure of how difficult it is to mine Bitcoin (BTC) blocks.The blockchain adjusts its difficulty every…
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Aave DAO to decide on GHO Stablecoin on Ethereum
Key takeaways
Aave DAO to vote on GHO’s deployment on Ethereum
The Aave DAO community members are set to start voting on…
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Twitter rival Threads hits 100M users as Chancer gains momentum
Twitter rival Threads has raced to more than 100 million users days after its launch.
Chancer is a predictive markets…
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