T-Mobile was ordered to pay $33 million after an arbitration panel found it liable for “numerous security failures” enabling a SIM swap that led to crypto theft. Crypto Theft via SIM Swap Leads to $33 Million Loss for T-Mobile Law firm Greenberg Glusker shared on March 20 that it had obtained a $33 million arbitration […]
Bpifrance Commits to Digital Asset Growth With $27 Million Investment in French Firms Bpifrance, the French investment bank, plans to invest $27 million (€25 million) in digital asset firms with a strong presence in France. This initiative is part of the bank’s strategic plan to enhance French digital asset investment funds, which are currently limited. […]
SEC Drops Ripple Appeal, Paving the Way for Potential XRP ETF Approval in 2025The U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal in the Ripple case, marking a significant moment for the crypto industry. SEC Drops Ripple Appeal The U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal […]
The supply of USDC or USD Coin stablecoin has crossed the $60 billion market cap threshold — a milestone that underscores its increasing adoption. On Wednesday, stablecoin’s supply hit an all-time high of 60.2 billion — a 100% year-over-year increase from $30 billion in March 2024. The total stablecoin market cap reached all-time highs, surpassing […]
A comparison between the inflation rate calculated by “River” and the official inflation rate (either government or statistical agency) since 2000, with the following details: What is inflation? Inflation is a phenomenon in which the average price level of goods and services in an economy continues to rise, resulting in a decrease in the purchasing […]
IMF revises balance of payments guide to support digital assets, classifies bitcoin as a capital asset to standardize reporting of crypto activities, allowing more accurate tracking of cross-border digital currencies The International Monetary Fund (IMF) has updated its Balance of Payments Manual, which was released on March 20, to accommodate the growing role of digital […]
Wages Paid in Bitcoin? Bill Introduced in Brazil Might Make It Possible. The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in Brazil and also calls for educating workers about volatility and transaction security issues. Lawmakers to Review Bitcoin Wages Bill in Brazil Wages Paid in Bitcoin […]
