South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries. South Korea’s KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export businesses in August using JPMorgan’s Kinexys network, according to multiple local media reports. Kinexys, formerly known …
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Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January. [Update, 10:32 UTC, July 26: Adds former CEO Nenter Chow’s statement] BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations …
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Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches.
More than 140,000 Massachusetts residents are having medical debt partially paid or completely wiped out through a nonprofit initiative that will eliminate over $100 million in unpaid healthcare bills. Atrius Health Equity Foundation is teaming up with Undue Medical Debt and the Massachusetts Health & Hospital Association to erase $170 million in unpaid medical debt …
A Florida woman says she lost more than $50,000 after fraudsters posing as Chase Bank employees convinced her that her accounts had been compromised. Plant City resident Dahiana Ponce says she received a phone call on the morning of July 9th from someone claiming to represent Chase Bank, reports WFLA News Channel 8. “Around 9:19, …
Amazon Prime customers who may qualify for a payment from the company’s $2.5 billion settlement with the Federal Trade Commission (FTC) have until Monday, July 27th, to submit a claim. The settlement resolves the 2023 FTC lawsuit that accused Amazon of pushing tens of millions of customers into Prime subscriptions without proper consent and creating …
The Bitcoin Policy Institute and three partner organizations will be able to send employees to work alongside State Department officials to address issues including digital freedom. The US Department State Department has launched a program to “advance diplomatic efforts on digital freedom and freedom of expression” using a Bitcoin (BTC) advocacy organization as a partner. …
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While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services. The company behind the cryptocurrency and stock trading app, Robinhood, is reportedly discussing plans to expand its existing prediction markets offering with crypto exchange Crypto.com. According to a Friday Wall Street …
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The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year. Update (July 25, 4:39 pm UTC): This article has been updated to include a response from Wise. Payments company Wise will to change its strategy for applying for a charter license …
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Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto. North Korean authorities have reportedly arrested a group of former state cyber operators and IT specialists accused of hacking two state banks and laundering stolen funds through cryptocurrency. South Korean outlet Daily NK …
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Crypto is now a driving force behind the expansion of the US economy, according to a new report The sector is expected to generate $55 billion in total economic output this year while sustaining 232,000 positions nationwide, including 34,000 direct roles at crypto companies, reports the National Cryptocurrency Association (NCA). The figures indicate that crypto …
A Michigan resident has stolen more than $1 million from hundreds of people who paid money in advance to secure the funeral arrangements of their loved ones. Terry Kaufman, the director of Kaufman and Company Funeral Home, pleaded no contest to 39 felony counts involving embezzlement and related charges after running a prepaid funeral scheme, …
Ethereum ETFs snapped a five-day inflow streak and Bitcoin ETFs logged a second day of outflows, though both funds extended their weekly inflow streaks to three. US-listed spot Ethereum exchange-traded funds (ETFs) logged $70.62 million in net outflows on Friday, ending a five-day inflow streak. Ethereum funds saw $211.25 million in net inflows over the …
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BitMEX is facing a proposed class action in the Southern District of New York seeking the return of 622.66 BTC over alleged forced liquidations and platform misconduct. The complaint was filed on July 23, 2026, by BKX Services Inc. and David Namdar against HDR Global Trading Limited, Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory …
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The CLARITY Act appears unlikely to move through the Senate before the August recess, slowing the crypto market structure push at a moment when the industry had hoped for faster progress. The bill, formally listed on Congress.gov as H.R. 3633, the Digital Asset Market Clarity Act of 2025, is designed to create clearer rules for …
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