Two of the largest corporate Bitcoin holders, Strategy (formerly MicroStrategy) and Japan-based Metaplanet, have significantly expanded their crypto treasuries this week.According to separate May 19 announcements, both firms collectively acquired…
May 19th, 2025 – New York, United statesA group of creditors known as the THORFi Recovery Group is exploring potential legal proceedings against the blockchain-powered network THORChain and its principals.On…
Banking
giant UBS is in discussions with clients who suffered significant losses on
complex foreign exchange (Forex) derivatives following market volatility
triggered by President Donald Trump's tariff announcements, according to people
familiar with the…
A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the state’s Biometric Information Privacy Act (BIPA).Plaintiffs Scott…
Key Points:A data breach at Coinbase exposes sensitive user information.Scammers exploit leaked data for phishing attacks.CEO Brian Armstrong refuses to pay a $20M ransom.
Coinbase, a major cryptocurrency exchange, recently reported…
Key Points:U.S. warns insincere negotiators with tariff letters.Tariff rates may return to April levels.Global trade relations face significant pressure.
U.S. Treasury Secretary Basent announced that countries failing to negotiate sincerely will…
Key Points:Javier Milei investigated over LIBRA cryptocurrency scandal, banking secrecy lifted.$LIBRA surged before rapid collapse, resembling a “rug pull.”Argentine officials widen probe to Associate Hayden Davis, freezing assets.
President Javier Milei…
Key Points:Coinbase data breach jeopardizes 1% user information and funds.User lost 34.9 million in one scam.Debates on security models reignited.
Coinbase Faces Data Breach, User Safety Concerns Rise
Coinbase recently experienced a…
Key Takeaways:Judge Torres rejected the Ripple–SEC $75M penalty reduction deal on procedural grounds, citing a lack of “exceptional circumstances.”The ruling does not reverse prior court victories for Ripple, including the…
Key Points:SEC investigates Coinbase’s past user metrics amid transparency concerns.User metric inflation under scrutiny.Coinbase shifts to new engagement reporting.
Coinbase is currently under SEC investigation concerning its previous reporting of “verified…