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American Express (AMEX) is set to pay millions of dollars to settle a federal antitrust lawsuit. The class action suit filed in New York accuses the global financial services giant of unlawfully imposing anti-steering rules on merchants who accept AMEX cards as payment. According to the complaint, AMEX put rules in the agreements with merchants that prohibited them from encouraging consumers to pay with non-AMEX cards that had lower processing fees. The anti-steering provision allegedly prompted businesses to raise prices for all consumers, including those who did not use Amex cards, to cover the AMEX fee. The lawsuit covers consumers who…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin Difficulty has seen little change in the latest adjustment as a result of the recent sideways trend in the Hashrate. Bitcoin Difficulty Has Only Seen A Change Of 0.45% In The New Adjustment The Bitcoin “Difficulty” refers to a metric built into the blockchain that controls how hard the miners would find it to mine a block on the network right now. This indicator’s value automatically changes about every two weeks based on network conditions. Satoshi wrote in one simple rule for…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Seychelles-based cryptocurrency exchange KuCoin has been ordered to halt its operations in Dubai after regulators determined the platform was operating without the required authorization. The action was announced Thursday by Dubai’s Virtual Assets Regulatory Authority (VARA), which stated that KuCoin does not hold a license to provide virtual asset services in or from the emirate. Dubai Bars KuCoin From Offering Services To Residents In its public alert, VARA said that any virtual asset-related activities conducted or promoted by the exchange in Dubai are in violation of the…
Market analyst Ali Martinez highlights a recent development on the Bitcoin 3-day chart with significant bearish implications. The leading cryptocurrency still trades just below the $70,000 mark following the temporary breakout earlier this week. Bitcoin has now spent an overwhelming majority of the last month within the $60,000 – $70,000 price range, after prices crashed to a new market low in late January/early February amid the extended bearish season. Bitcoin Set For Another Leg Down? In an X post on March 6, Martinez shares a key macro insight on the Bitcoin price trajectory, using historical data from the 3-day trading…
March 7th, 2026 – New York, United States OmniPact, a decentralized protocol building a trust layer for peer-to-peer transactions of physical and digital assets, announced today it has raised $50 million in a private funding round. The investment will speed up the development of its mainnet, integration of cross-chain features, and deployment of its decentralized arbitration module. The funding round was backed by a consortium of institutional investors and family offices that requested anonymity. Investors voiced confidence in OmniPact’s technical roadmap and its ability to set new standards for secure, intermediary-free transactions across Web4 and traditional commerce. A significant share…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kazakhstan’s central bank will soon begin investing up to $350 million from its gold and foreign exchange reserves into cryptocurrency assets and related companies, as part of its broader digital assets strategy. Central Bank Prepares For $350M Investment Into Crypto-Related Assets On Friday, Reuters reported that the National Bank of Kazakhstan (NBK) has formed a portfolio of up to $350 million from its gold and foreign exchange reserves for investment in digital assets. As of February 1, Kazakhstan’s central bank held $69.40 billion in gold and foreign…
A 24-year-old woman is accused of orchestrating an elaborate scheme to drain tens of thousands of dollars from Wells Fargo customers in Texas. Jacquelina Trana Chambliss allegedly posed as a Wells Fargo employee and scammed two account holders out of more than $34,000. The victims, Sharon Schoolcraft and Scott Merovitch, say they received phone calls last summer that appeared to be from Wells Fargo informing them that there were fraudulent transactions in their accounts, reports Fox 26. A woman later showed up at their homes claiming to be working for Wells Fargo. She cut up their debit cards and placed…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite strong backing from President Donald Trump and ongoing discussions at the White House, the CLARITY Act — the Senate’s long-debated crypto market structure bill — remains stalled as political divisions persist and the midterm elections draw closer. The legislation has been slowed by continued resistance from Senate Democrats and the banking industry, both of which have raised objections to key provisions, particularly those related to stablecoin rewards. Banking Committee Markup Hinges On Tillis According to a Thursday update from journalist Eleanor Terrett of Crypto In America,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is attempting to hold the $70,000 level as geopolitical tensions in the Middle East intensify, injecting fresh uncertainty into global financial markets. The asset began the week trading above $74,000 but experienced a sharp repricing as investors reacted to escalating developments around the Strait of Hormuz, a critical chokepoint for global energy supply. As the conflict appeared likely to persist, markets quickly adjusted expectations, triggering volatility across risk assets, including cryptocurrencies. According to a recent CryptoQuant report, energy-related geopolitical shocks can act as a transmission channel…