The Securities and Exchange Commission said in March that the case could potentially be resolved under its new leadership.
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US court pauses 18-state lawsuit against SEC after agency’s leadership change - News
AI takes nearly 60% of global venture capital dollars in Q1: Pitchbook AI startups raised $73 billion in the first quarter, largely boosted by a March $40 billion funding round into OpenAI.
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Crypto venture fund Galaxy Ventures could hit a $180M fundraise: Report Mike Novogratz’s Galaxy Ventures Fund I is set to raise past its $150 million target despite headwinds for crypto venture capital.
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Chipmaker stocks slide as Nvidia faces $5.5B charge with US restrictions Nvidia shares fell 6% after-hours after revealing it faces expensive restrictions on exporting its AI chips to China, which could leave it facing $5.5 billion in charges.
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China selling seized crypto to top up coffers as economy slows: Report Reuters reports local governments in China are using private companies to sell seized crypto, going against the country's trading ban.
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Semler Scientific reports $42M paper loss on Bitcoin, floats $500M stock sale Medical device firm Semler Scientific has lost on its Bitcoin investments but has proposed a $500 million securities sale which would partly fund more buys.
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Ethereum could be AI’s key to decentralization, says former core dev Ethereum’s transparent smart contracts could address the “black box” problem of Big Tech controlling AI, said Eric Connor.
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Crypto exec warns of ‘ELUSIVE COMET’ threat after losing 75% of assets Emblem Vault CEO Jake Gallen says he lost over $100,000 in digital assets after a suspicious meeting on Zoom.
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Democrats slam DOJ’s ‘grave mistake’ in disbanding crypto crime unit Senate Democrats have derided the Justice Department’s decision to nix its crypto unit, claiming the agency is giving a free pass to sanctions evasion and scams.
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NY attorney general urges Congress to keep pensions crypto-free — ‘No intrinsic value’ Letitia James has rallied Congress to support stopping US retirement funds from investing in crypto or crypto ETFs, which she claimed have “no intrinsic value.”
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Bitwise doubles down on $200K Bitcoin price prediction amid trade tension A falling US Dollar Index historically correlates with Bitcoin strength, says Bitwise investment chief Matt Hougan.
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SafeMoon boss cites DOJ’s nixed crypto unit in latest bid to toss suit SafeMoon CEO Braden John Karony has argued the US Justice Department’s crypto enforcement pullback should see his case dismissed.
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Ethereum has outperformed Bitcoin just 15% of the time since its launch The ETH/BTC ratio has fallen to a five-year low as Ethereum has dropped to $1,400 amid a broader crypto market slump.
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Shaquille O’Neal gets judge’s greenlight for $11M Astrals NFT settlement A Florida federal court judge has signed off on an $11 million settlement between retired pro basketball star Shaquille O’Neal and buyers of the Astrals NFT collecton.
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China’s tariff response may mean more capital flight to crypto: Hayes The People’s Bank of China could provide the catalyst to resume the Bitcoin bull market, according to BitMEX founder Arthur Hayes.
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Wall Street is suffering a stinky meltdown while Fartcoin is up 30% Solana-based memecoin Fartcoin is defying global markets by being one of the first tokens to recover amid a broader stock market meltdown.
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$2T fake tariff news pump shows ‘market is ready to ape’ Markets rallied after mainstream media outlets shared a fake news story about a three-month tariff pause, and some say this is a good sign.
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Ethereum whale liquidated for $106M on Sky amid crypto bloodbath ETH prices have tanked more than 14%, causing liquidations on decentralized finance lending platforms.
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A defendant tried to use an AI avatar in a legal appeal. It didn't work “I don’t appreciate being misled,” said a New York judge after seeing an AI avatar used to represent a defendant.
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Fortnite doubles down on crypto joke with another secret ‘Dill Bits’ location Players have discovered another secret location Fortnite that looks loosely similar to a Bitcoin mining farm — prompting a small spike in an unaffiliated memecoin.
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Coinbase Institutional files for XRP futures trading with CFTC Coinbase Institutional is planning to list XRP futures — but funding rates remain negative, indicating bearish sentiment.
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Did ChatGPT come up with Trump’s tariff rate formula? Leading AI chatbots ChatGPT, Gemini, Claude and Grok all return the same formula for reciprocal tariff calculations, several X users claim.
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DDoS attacks now a dominant means of waging political cyber-warfare Distributed denial-of-service attacks are “more powerful than ever,” with AI helping automate tasks and bypass CAPTCHA systems, according to Netscout researchers.
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SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’ The Securities and Exchange Commission and Gemini have asked for a 60-day stay of the regulator’s lawsuit to “explore a potential resolution.”
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UK trade bodies ask government to make crypto a ‘strategic priority’ Blockchain and tech trade associations want UK Prime Minister Keir Starmer’s office to follow the US and appoint a special envoy dedicated to crypto.
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OKX suspends DEX aggregator to stop ‘further misuse’ by Lazarus OKX says it has decided to pause its DEX aggregator service after consulting with regulators.
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Bank of Korea to take ‘cautious approach’ to Bitcoin reserve South Korea’s central bank says it has yet to discuss or review a potential Bitcoin reserve, despite recent calls from some lawmakers and crypto lobbyists for the country to do so.
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Texas court issues judgment against Bancor DAO after it ignored summons Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge.
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Solana proposal to cut inflation rate by up to 80% fails to pass Solana's SIMD-228 proposed to dynamically adjust Solana’s inflation rate based on staking participation.
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Lazarus Group sends 400 ETH to Tornado Cash, deploys new malware North Korean affiliated hacking collective has been laundering ETH and deploying new strains of crypto stealing malware targeting developers.