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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto bank Custodia has lost another legal battle in its campaign to review the Federal Reserve’s position as the final authority over granting master accounts. This development comes after the US Court of Appeals for the Tenth Circuit rejected the Caitlin Long-led digital bank’s request for rehearing after an initial favorable ruling for the Federal Reserve in October 2025. Custodia Loses 6-Year Legal Battle With FRBKC In 2023, the Federal Reserve Bank of Kansas City (FRBKC) rejected Custodia’s application for a master account, a designation that would…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s latest $750 million share buyback has split the XRP community in two. While some members see the internal buy-and-sell cycle as a sign of strength for both the crypto payments company and XRP, others argue that the move exposes a cycle that has always put retail XRP holders at the bottom of the food chain. Ripple’s Buyback Leaves Retail Questioning XRP Loyalty Crypto analyst @WhaleFUD has ignited a new debate within the crypto community by revealing details on Ripple’s internal buy and sell cycle and how…
It’s not out of the realm of possibility that Strategy (MSTR) could be the owner of 1 million bitcoin — or nearly 5% of the 21 million bitcoin that will ever be created — by the end of 2022.The company currently holds 738,731 BTC, meaning it would need to acquire another 261,269 BTC to reach the milestone. With roughly 297 days, about 42 weeks, remaining in 2026, that implies an average purchase pace of around 6,158 BTC per week.Assuming an average bitcoin price of $85,000, Strategy would need to deploy roughly $523 million per week, or about $22.2 billion in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Spot Bitcoin ETFs pulled in $53 million in a single day this week, pushing monthly inflows past $1.16 billion — a sharp reversal after four straight months of outflows that drained more than $6 billion from those same funds. ETF Inflows Signal A Shift In Investor Behavior The turnaround is being read by analysts as a sign that investors are stepping back in after a prolonged selloff. Bitcoin was trading around $70,850 as of Saturday, up from lows earlier in the year, and technical indicators are pointing…
The Ethereum Foundation (EF) said it finalized the sale of 5,000 ether (ETH) in an over-the-counter transaction with one of the top crypto treasury firm Bitmine Immersion Technologies.The sale cleared at an average price of $2,042.96 per ETH, the Foundation said, placing the transaction’s value at roughly $10.2 million.The non-profit organization, established in 2014 to support the Ethereum blockchain and its ecosystem, said the funds will support its core operations, including protocol research and development, ecosystem growth, and community grants.The transactions, it said, are in line with the policy that governs its reserve management. The framework aims to strike a…
The popular dating app Tinder is handing out tens of millions of dollars to customers in a class action lawsuit alleging the company overcharged older users. New court documents show Tinder has recently settled a class action lawsuit that alleged it charged users aged 29 or older more than younger users for its gold subscription between March 2015 and March 2016. “The lawsuit was brought by Allan Candelore on behalf of himself and other California consumers who were charged a higher price for their Tinder subscriptions because of their age. The lawsuit alleges that Tinder’s higher pricing for older users…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure American billionaire and investor Stanley Druckenmiller has postulated that stablecoins will play a central role in the US payments system in the next decade. However, the philanthropist and former hedge fund manager remains skeptical about regular cryptocurrency. Stablecoins Drive Productivity, Druckenmiller Says In a recently released interview with Wall Street Titan Morgan Stanley, Stanley Druckenmiller shared his expert thoughts on several financial and economic subjects. When asked about the crypto industry, the veteran investor described blockchain and stablecoins as two inventions that are “incredibly useful in terms…
The ongoing war in the Middle East hasn’t just disrupted the flow through the Strait of Hormuz, but it has also hit a plethora of high-profile business events in the region, including major crypto conferences.TOKEN2049 Dubai, one of the largest crypto conferences in the world, will not take place this year. Organizers said the event, originally scheduled for late April, has been postponed to April 21–22, 2027, due to ongoing uncertainty in the region.The conference typically attracts more than 15,000 attendees, including founders, venture investors, developers and exchange executives.Organizers said concerns around safety, international travel and logistics played a central…
The Federal Reserve says a US bank employee took advantage of a customer’s death and stole more than $10,000. According to a new memo issued by the Fed’s Board of Governors, Klaus Koberstein – a senior sales associate at the East Cambridge Savings Bank in Cambridge, Massachusetts – drained $12,500 from a deceased customer’s bank account for his own personal benefit. Authorities say that between October 2025 until May 2023, Koberstein siphoned funds from the account in a series of unauthorized transactions. The Fed has not specified who the victim was or exactly how the banker executed the scheme. “Koberstein’s…
The blockchain trilemma reared its head once more at Consensus in Hong Kong in February, to some extent, putting Charles Hoskinson, the founder of Cardano, on the back foot – having to reassure attendees that hyperscalers like Google Cloud and Microsoft Azure are not a risk to decentralisation.The point was made that major blockchain projects need hyperscalers, and that one shouldn’t be concerned about a single point of failure because:Advanced cryptography neutralizes the riskMulti-party computation distributes key materialConfidential computing shields data in useThe argument rested on the idea that ‘if the cloud cannot see the data, the cloud cannot control…