California resident Ken Liem has accused three banks of failing to perform adequate checks that could have blocked the scammers from opening accounts in the first place. Source link

Tether and Bitfinex general counsel Stuart Hoegner has retired, leaving Michael Hilliard to take his place as legal chief at the two firms. Source link

The rumors come two days after X CEO Linda Yaccarino confirmed the social media platform would launch X Money in 2025. Source link

The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy. Source link

The stablecoin is also more widely distributed across blockchain networks. Source link

The stablecoin is also more widely distributed across blockchain networks. Source link

“The whole problem with centralized systems is that there’s a center,” Naoris chief strategy officer David Holtzman told Cointelegraph. Source link

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Source link

According to RWA.xyz, BlackRock’s USD Institutional Digital Liquidity Fund has over $648 million in assets under management. Source link

According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has over $648 million in assets under management. Source link