Business

Bankrupt BlockFi seeks FTX assets, SBF’s true confessions continue
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30 November, 2022

Bankrupt BlockFi seeks FTX assets, SBF’s true confessions continue

The bankruptcy of digital asset lending/custodial platform BlockFi is the latest casualty of the FTX exchange’s collapse, while FTX’s founder...
New figures show UK digital asset fraud jumped 32% in past 12 months
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30 November, 2022

New figures show UK digital asset fraud jumped 32% in past 12 months

Financial losses relating to digital assets reported to Action Fraud between October 2021 and September 2022 jumped to £226 million...
More bad news for Meta as Irish DPC imposes €265M fine over GDPR violations
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30 November, 2022

More bad news for Meta as Irish DPC imposes €265M fine over GDPR violations

The Irish Data Protection Commission assessed Facebook search, FB messenger contact importer, and Insta contact importer tool and found that...
BIS: African central banks pushing for CBDCs, but their motivation differs from other regions
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30 November, 2022

BIS: African central banks pushing for CBDCs, but their motivation differs from other regions

Bank for International Settlements found that payment system efficiency is the key motivator, but unlike other regions, African central banks...
Jack Dorsey’s Block sues Bitcoin.com over ‘Verse’ name in Europe
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30 November, 2022

Jack Dorsey’s Block sues Bitcoin.com over ‘Verse’ name in Europe

Legal counsel for Block sent letters to Bitcoin.com in July and August 2022 informing the company it was infringing on...
Kraken’s $362,000 sanctions settlement spells trouble for Binance
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30 November, 2022

Kraken’s $362,000 sanctions settlement spells trouble for Binance

The settlement relates to 826 transactions worth $1,680,577.10 which were processed by Kraken on behalf of individuals located in Iran,...