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The leader of a multi-state fraud conspiracy that caused more than $1.5 million in losses to victims could spend up to 30 years in prison without the possibility of parole. U.S. Attorney’s Office for the Eastern District of Michigan He…
An unnamed enterprise client accidentally racked up a $500 million bill on Anthropic’s Claude AI in one month after failing to set usage limits or spending limits for its employees. We analyze what happened, why costs rose so quickly, and…
Key points The legislative proposal targets digital currency transactions of unlicensed gambling platforms Virtual asset service providers must implement more stringent compliance measures Financial institutions and cryptocurrency companies have been banned from processing payments for unauthorized operators The legislative framework…
A pseudonymous person calling himself “Noah Doe,” along with two Wyoming LLCs, filed a lawsuit in New York Supreme Court seeking a court declaration that they are the legal owners of 39,069 dormant Bitcoin addresses containing approximately 3.8 million Bitcoins…
The timing of the filing raised eyebrows given recent hints that the strategy might consider selling some of its bitcoin. On May 29, the world’s largest Bitcoin strategy holder transferred 411.48 BTC, worth more than $30 million, to Coinbase Prime,…
Markets have spent the past 24 hours receiving what should have been massively negative news for the dollar. Negotiators from Washington and Tehran have reportedly finalized a draft framework that would extend the current ceasefire, reopen the Strait of Hormuz,…
LithiumBank has entered into a feasibility study and front-end engineering design (FEED) agreement with SLB to advance the Boardwalk lithium brine project in northwest Alberta toward commercial production. According to a press release, SLB will support the project with its…
“The Strait of Hormuz was effectively closed for three months, trapping hundreds of ships and thousands of sailors in the Persian Gulf while dramatically reducing the volume of global seaborne oil tankers,” says Nils Rasmussen, senior shipping analyst at BIMCO.…
UK-based Oceanscan Group, a member of the Venterra Group, has opened its new facility in Aberdeen, following what the company says has been an outstanding year of growth across Europe, with subsea business doubling in volume. (LR): Brett Lawrenson, Chief…
Gemini has added a Grok-powered feature to its prediction markets platform as the cryptocurrency exchange expands beyond spot trading. summary Gemini has added Grok-powered feeds to customize prediction markets using user locations, watchlists, and trading history. Expected first-quarter market revenue…
