Microsoft faces multi-billion dollar fine in EU over Bing AI

The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27.

Feds bust $73M crypto scam, arrest two masterminds

The scammers convinced victims to transfer millions of dollars into these U.S. bank accounts, which were then used to launder the illicit funds.

Aussie admits to promoting BitConnect crypto services without a license

The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two...

Biden may rethink SAB 121 vote veto due to political support for crypto

The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will...

Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end

Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to...

Kraken considers delisting USDT in Europe due to MiCA rules

Kraken could drop EU support for Tether’s USDT stablecoin, Bloomberg reported on May 17.Kraken Global Head of Regulatory Strategy Marcus Hughes said the...

Changpeng Zhao teases writing project ahead of reporting to prison

On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date...

Warren expresses support for SEC’s controversial SAB 121 bulletin

Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16.Warren asserted that the...

Crypto firms rally behind FIT21 bill approaching US House floor vote

Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a...

Oklahoma enacts landmark legislation establishing rights to self-custody crypto

Oklahoma has become the first US state to legally protect the right to self-custody Bitcoin after passing a new bill. The newly signed legislation...
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If SEC approves spot Ether ETFs, many ‘will be caught severely offside’

Coinbase institutional research analyst David Han believes “there...

Bitcoin Breakout From Major Resistance Levels Signals Bullish Momentum

Bitcoin which has been moving downward for a...

Shiba Meme Coins Are Back, Shows the FOMO-Fuelled Presale of Shiba Shootout

The resurgence of meme coins in the cryptocurrency...

Microsoft faces multi-billion dollar fine in EU over Bing AI

The Redmond company could be fined as much...