Max Levchin, the CEO of the buy-now-pay-later company, has confirmed that he will shut down the “Affirm Crypto Program” amid consumer spending and a changing macroeconomic environment. The CEO released a letter to shareholders on February 8 along with a…
According to a report from Bloomberg, the banking giant Deutsche Bank is ready to double down on crypto and digital assets. Financial institutions will take advantage of the recent downward pressure in the sector to take advantage of “interesting opportunities,”…
Cryptocurrency exchange Kraken is reportedly under investigation by the United States Securities and Exchange Commission (SEC) over whether it violated the rules on securities offerings. According to Bloomberg’s February 8 report, the probe is related to certain offerings that Kraken…
It was just over a year ago when we first highlighted the story of fashion house Hermès opening a lawsuit against NFT creator Mason Rothschild. The story came to an end when the lawsuit ended on Wednesday, with the jury…
Deutsche Bank’s asset management arm is reportedly in discussions to invest in two German crypto companies. According to a February 8 Bloomberg report, DWS Group CEO Stefan Hoops is currently in talks to buy a minority stake in Deutsche Digital…
The verdict is the latest in a series of court cases that have ended with a verdict against Craig Wright. An English court has ruled against Craig Wright, indicating that he does not own the copyright on the Bitcoin code.…
On-chain data shows the supply of Bitcoin on exchanges has decreased recently as holders have pushed for custody. Bitcoin supply at the lowest value exchange since November 2018 According to data from an on-chain analytics company Holy, only $29.2 billion…
On Feb. 8, a jury trial in the Southern District of New York reached a verdict in Hermès’ lawsuit against MetaBirkins. The court ruled that the artist Mason Rothschild had violated the trademark protection of the Hermès brand. Rothschild’s 100…
The retreat will bring together key players in the Bitcoin industry and give attendees the opportunity to network, discuss Bitcoin and win BTC prizes. Payment processor Pouch.ph and exchange Coins.ph, two major players in the Philippine cryptocurrency landscape, have announced…
Fetch.ai and other AI-related tokens have risen alongside the ChatGPT-driven artificial intelligence narrative. As a result FETUSD rallied more than 1,000% from the bottom and Google scrambled to launch a competitor called Bard. After months of retreat, FET has dropped…