FTX is taking legal action to reclaim nearly $3.9 billion from Genesis Global Capital (GGC) in the ongoing bankruptcy case. FTX filed for adversary proceedings against Genesis on May 3 in an effort to recover the funds and...

FTX has suffered a significant loss as it sells off LedgerX in a court-approved transaction. The bankruptcy proceedings have resulted in M7 Holdings acquiring the derivatives trading platform for $50 million. The deal...

Former OpenSea product manager Nathaniel Chastain has been found guilty of wire fraud and money laundering in the first insider-trading trial involving non-fungible tokens (NFTs). A federal court in Manhattan, New York...

The House Financial Services Committee and House Agriculture subcommittee will collaborate to hold a hearing titled The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset Markets on May...

The decision was made public by Isa Pantami, Minister of Communications and Digital Economy, after the weekly Federal Executive Council (FEC) meeting, which was presided over by President Buhari at the Presidential Palace...

Users of the American trading platform recently received notifications stating that the issuance of new loans through the borrowing program will cease on May 10. This program allowed users to obtain fiat loans of up to $1...

As the 2024 U.S. presidential race begins to take shape, crypto regulation and taxes are already emerging as key issues for candidates. Robert F. Kennedy Jr., a prominent environmental lawyer and son of the late U.S....

The Blockchain Association, a leading trade organization representing the cryptocurrency and blockchain industry, has announced its decision to leave New York and focus on federal crypto policy. The move comes as the...

Republican members of the US Congress are calling for clarity from the Biden administration on its stance towards cryptocurrencies. In a letter addressed to Treasury Secretary Janet Yellen, Republican lawmakers demanded...

May 2023 saw a momentum shift in the French cryptocurrency industry following legal action initiated by 102 individuals who accused two renowned social media personalities of deliberately inducing financial loss through...