Business

SPAC ex-CFO gets 3 years in prison over $5M stolen for meme stocks, digital assets trading
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1 May, 2023

SPAC ex-CFO gets 3 years in prison over $5M stolen for meme stocks, digital assets trading

Cooper Morgenthau is charged with stealing from two SPACs and falsified financial documents, using the money to trade meme stocks...
Kraken ask court to intervene against IRS demands
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1 May, 2023

Kraken ask court to intervene against IRS demands

In a petition filed in San Francisco, Kraken argued that it should not be required to comply with “the enormous...
FBI raids home of former FTX CEO Ryan Salame
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1 May, 2023

FBI raids home of former FTX CEO Ryan Salame

Though he played a central role in the company’s affairs, Ryan Salame has escaped the worst of the negative press...
Deloitte signals new commitment to Web3 with 300 new job roles
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1 May, 2023

Deloitte signals new commitment to Web3 with 300 new job roles

Deloitte seeks to make a name in the digital asset industry with a wave of job listings, eyeing to fill...
Hong Kong urges banks to offer services to digital asset firms
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1 May, 2023

Hong Kong urges banks to offer services to digital asset firms

The Hong Kong Monetary Authority reiterated that it had not placed any bans on Bitcoin banking and urged banks to...
Digital euro users want P2P payments, budget management, and QR codes: study
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30 April, 2023

Digital euro users want P2P payments, budget management, and QR codes: study

Commissioned by the ECB, the study also found that users want offline payments and programmability, with the underbanked most needing...
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