Key Takeaways Leading Venture Capital firm Digital Currency Group (DCG) has filed a lawsuit against Genesis Global Capital, the crypto lender it owns, seeking repayment of more than USD 105 million linked to a USD 1.1 billion promissory note. The…
Key Takeaways The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against the crypto exchange Garantex Europe OU, its ‘successor’ platform Grinex, and three Garantex officials and six Russia- and Kyrgyz Republic-based companies. “By…
Key Takeaways In a major development, Justin Sun, founder of the Tron blockchain, has filed a lawsuit against media giant Bloomberg in Delaware federal court, alleging the organisation put out “false and private” financial information in it’s Bloomberg Billionaires Index.…
Key Takeaways In a major development, FTX users are seeking court approval to amend an existing lawsuit against Fenwick & West LLP, alleging the law firm played a significant role in enabling the exchange’s downfall. The move comes amid FTX…
Key Takeaways Blockchain intelligence firm TRM Labs has identified a ransomware group known as Embargo as having moved more than $34 million in crypto ransom payments since April 2024. The group operates under a ransomware-as-a-service (RaaS) model and has targeted…
Key Takeaways Leading Bitcoin mining firm CleanSpark has reported the strongest quarter in its history, posting record revenue, profitability, and operational capacity for the three months ending June 30, 2025. The Las Vegas-based company generated $198.6 million in revenue during…
Key Takeaways In a signficant development, U.S. President Donald Trump signed an executive order on Thursday directing federal bank regulators to investigate and penalize financial institutions found to be engaging in “debanking”. It is referred to as a practice in…
Key Takeaways Changpeng Zhao, the former CEO of Binance, has asked a Delaware bankruptcy court to dismiss a lawsuit filed by the collapsed exchange FTX, which is seeking to claw back nearly $1.8 billion tied to a 2021 share repurchase…
Key Takeaways The U.S. Commodity Futures Trading Commission (CFTC) on Thursday announced a “Crypto Sprint” initiative to accelerate the implementation of policy recommendations for digital asset markets. Acting Chairman Caroline D. Pham said the initiative will focus on turning the…
Key Takeaways SharpLink has executed another major Ethereum purchase, sending $108.6 million USDC to Galaxy Digital’s over-the-counter desk, according to on-chain data from Arkham Intelligence. The funds were transferred from a SharpLink-associated address identified as 0xCd9, which has previously been…
