Anchorage Digital Bank added custody support for Etherlink and several Etherlink-based assets, including xU3O8, a token representing physical uranium. Anchorage Digital Bank, the first federally chartered crypto bank in the US, has added custody support for Etherlink and seven assets on the Tezos layer-2 network, including xU3O8, a token representing physical uranium. The other supported …
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Seeking $10 million in damages, a Tennessee woman is suing after AI facial recognition wrongly tied her to a North Dakota bank fraud probe and left her behind bars for months. Angela Lipps, 50, filed the federal lawsuit Tuesday against the City of Fargo and the detective who used the software, reports KFGO. Agents arrested …
Bitcoin price support materialized around $68,000 as markets saw a 93% chance of the Fed hiking rates by 0.25% on Wednesday. Bitcoin (BTC) stayed near monthly lows at Wednesday’s Wall Street open as markets awaited the US Federal Reserve’s decision on interest rates. Key points: Read more Go to Source
Zero-knowledge technology could let companies verify who you are without storing your identity documents. So why isn’t it already standard practice? The massive theft of more than 153 million US and Canadian driver’s licenses earlier this month should make one thing abundantly clear: the safest place for a copy of your driver’s license is nowhere …
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Berkshire Hathaway has sold another 30 million Bank of America shares, a stake worth about $1.7 billion. The moves show up in Berkshire’s latest 13F filing covering the second quarter, with Warren Buffett’s successor Greg Abel took continuing a years-long BofA selling spree. Berkshire now holds 483.4 million shares worth about $27.5 billion, with Bank of …
Major pork producers are preparing to hand more than $117 million to shoppers who say they paid too much for bacon and other raw pork cuts. The proposed class settlement covers people who bought raw pork bacon or fresh or frozen cuts made from bellies, loins, shoulders, ribs or pork chops between June 28th of, …
A Georgia nonprofit that advocates for abused and neglected children has lost nearly $100,000 after a former employee admitted to stealing program money for personal use. Jennifer O’Neal of Cedartown pleaded guilty to a criminal information charging theft of federal program funds, according to the U.S. Attorney’s Office for the Northern District of Georgia. She …
A man who orchestrated a massive Ponzi scheme has admitted taking more than $25 million from investors. The DOJ says Siddharth Jawahar, an Indian national who has lived in the United States illegally since 2005, will serve an 11-year prison term plus three years of supervised release. Prosecutors say he took in more than $35 million …
Bernstein said the federal agencies will publish new regulations to compensate for the time lost negotiating the CLARITY Act, after its cloture vote failed on Tuesday. Bernstein analysts expect “aggressive and swift” rulemaking from the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), after the Digital Asset Market Clarity (CLARITY) Act …
Circle’s Arc mainnet is live with USDC for transaction fees, support for more than 20 fiat stablecoins and links to over 20 blockchains. USDC issuer Circle has launched the mainnet of Arc, a layer-1 (L1) blockchain targeting stablecoin payments and financial markets, particularly agentic transactions. Arc uses USDC as its native gas asset and offers …
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Nearly 99% of ZEC holders voted to reduce block times to 25 seconds, while keeping ZEC issuance and halving schedules unchanged. Zcash token holders backed cutting the network’s target block time to 25 seconds from 75 seconds and preserving its existing halving schedule in a poll on the next major upgrade. The faster-block proposal received …
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Germany’s largest bank is awaiting regulatory approval to launch institutional custody solutions for Bitcoin, Ether and select stablecoins before expanding into tokenized assets. Germany’s largest bank, Deutsche Bank, is awaiting regulatory approval to launch digital asset custody solutions for institutional clients and corporations in Europe. Deutsche Bank plans to go live with the offering for …
Federal authorities are charging two former engineers at a major brokerage with misusing secret company information to trade cryptocurrency derivatives ahead of public announcements. The U.S. Department of Justice says the pair accessed nonpublic details about which tokens Robinhood Crypto planned to list and then bought perpetual futures on the decentralized exchange Hyperliquid before those …
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A Kansas credit union loan officer has admitted to stealing more than $171,000 from his employer. The DOJ says Ricky Naovoravong, 39, of Garden City pleaded guilty to embezzlement by a credit union employee and was sentenced to 19 months in prison plus $207,920 in restitution. Naovoravong worked as a loan officer at Garden City …
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Fraudsters have drained nearly $60,000 from a senior citizen’s TD Bank checking account through cash withdrawals and a wire transfer spanning three states. Nether Providence Township police in Pennsylvania identified five suspects after reviewing bank records and branch surveillance video, reports Delco Times. The losses included five over-the-counter cash withdrawals totaling $58,600 and one wire …
