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Celsius Sues Tether For $3.5 Billion Over Alleged Mishandling Of Bitcoin Collateral
The ongoing clash between defunct cryptocurrency exchange Celsius and stablecoin issuer Tether has escalated into a $3.5 billion lawsuit. Celsius claims that…
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JPMorgan Asks US Judge To Dismiss VTB Lawsuit, Citing Russian Court Coercion: Report
JPMorgan Chase is seeking to dismiss its lawsuit against Russia’s VTB Bank following intense pressure from a Russian court, Reuters reported. The…
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France Regulator Launches MiCA Licensing Ahead Of EU Peers
France has taken a pioneering step in crypto regulation within the European Union. The Autorité des Marchés Financiers (AMF) began accepting applications…
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JPMorgan Weighs Lawsuit Against Consumer Watchdog Over Fraud Probe
The increasing scrutiny on Zelle, a US peer-to-peer payment network, has driven JPMorgan Chase to contemplate legal action against the Consumer Financial…
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Donald Trump Promises National Bitcoin Reserve To Secure US Lead Over China
Donald Trump is betting big on Bitcoin, positioning the US against China in the race for cryptocurrency dominance. At the Bitcoin 2024…
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Crypto Exchange BitForex To Resume Withdrawals After Police Probe
Five months after a sudden shutdown, cryptocurrency exchange BitForex announced it would open for withdrawals following a police investigation in China that…
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Binance.US Gets Court Approval To Invest User Assets In Treasury Bills: Report
Binance.US has received court approval to invest certain customer assets in US Treasury bills. This move marks a significant development in the…
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First Republic Ex-employees’ $150M Lawsuit against FDIC Dismissed
A federal judge in California has dismissed a lawsuit brought by nearly 170 former employees of the failed First Republic Bank. The…
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Wall Street’s Main Indexes Advanced After Fed Chair Powell’s Remarks
Wall Street’s main indexes advanced this Wednesday after Federal Reserve Chair Jerome Powell said that inflationary pressures were likely easing. Federal Reserve…
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Nigeria’s Crypto Advocates Urge Authorities To Regulate Bitcoin And Ether As Commodities
Nigerian stakeholders in the crypto sector are pushing for the regulation of Bitcoin and Ether as commodities following a recent court ruling…