Reading Time: 2 minutesFrench authorities have apprehended seven individuals in connection with the kidnapping and torture of Ledger co-founder David Balland Balland and his partner were abducted from their home, with the assailants demanding a €10 million ($10.4 million) ransom The elite police unit GIGN successfully rescued the victims after a 24-hour ordeal French police
Posts published by “Mark Hunter”
Reading Time: 2 minutesBitGlobal has filed a lawsuit against Coinbase for delisting Wrapped Bitcoin (WBTC), claiming financial and reputational damages Coinbase has defended its decision, citing compliance and risk concerns over WBTC’s regulatory status The lawsuit underscores growing tensions between exchanges over digital asset delistings and market practices Cryptocurrency exchange BitGlobal has sued its larger
Reading Time: 2 minutesThis week in the crypto world, we saw Microsoft and Amazon tackle Bitcoin investment, Operation Chokepoint 2.0 confirmed, and Binance report a record year. Amazon Says Maybe to Bitcoin; Microsoft Says No Microsoft’s shareholders this week voted against a proposal to incorporate Bitcoin into the company’s financial holdings despite the entreaties of
Reading Time: 2 minutesRepresentative French Hill has been appointed as the new chairman of the House Financial Services Committee Hill, a pro-crypto Arkansas Republican and former banker, succeeds Patrick McHenry in this influential role His leadership is expected to steer the committee towards lighter financial regulations...
Reading Time: 2 minutesApple has acknowledged a security flaw in its M-series chips, potentially compromising cryptographic keys The vulnerability, termed “GoFetch,” affects devices with M1, M2, and M3 processors Users are advised to update their devices and employ additional security measures to mitigate risks Apple has confirmed the existence of a security vulnerability in its
Reading Time: 2 minutes Visa has partnered with Coinbase to offer real-time funding through Visa Direct This feature allows Coinbase users with eligible Visa debit cards to instantly deposit funds The integration is available to Coinbase users in the U.S. and EU, enhancing flexibility and access Visa has partnered with Coinbase to integrate Visa Direct...
Reading Time: 2 minutes U.S. President Joe Biden has thanked Nigeria’s President Bola Tinubu for the country releasing Tigran Gambaryan Gambaryan was released last week on medical grounds following eight months in custody President Biden also thanked his counterpart for the country’s work on crypto crime Outgoing U.S...
Reading Time: 2 minutes Consensys has announced layoffs affecting 20% of its global workforce The decision comes as Ethereum (ETH) prices have stagnated, challenging the company’s profitability Consensys will prioritize its core products, MetaMask and Linea, in a shift toward focused operations Consensys, the Ethereum-focused software firm...
Reading Time: 2 minutes The Bank of Canada has abandoned its development of a Central Bank Digital Currency (CBDC) following extensive research and consultations The decision comes after the bank determined that there was no immediate public need or strong demand for such a currency at this time Officials have clarified that any future introduction
Reading Time: 2 minutes Bitforex has re-opened following a police investigation into the unexplained loss of $56.5 million in cryptocurrencies The exchange has been offline since February due to a police investigation Users have regained access to the platform and are able to withdraw their funds Hong Kong exchange Bitforex has re-opened following a police