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FTX files billion-dollar lawsuit against ByBit over asset withdrawals

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The legal action is pursuing “compensatory and punitive damages” from ByBit regarding the token scheme and the assets held on its platform.

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Coin Market

88 people charged over 12 crypto wrench attacks in France

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French law enforcement agencies have been investigating wrench attacks and found that some of the alleged offenders were involved in multiple incidents

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Coin Market

Prediction markets reflect ‘wisdom of an informed minority,’ not crowd: Study

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About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses.

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Western Union eyes May for its stablecoin USDPT rollout

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Western Union CEO Devin McGranahan said the company will focus on expanding adoption and embedding digital assets into its core money movement platform going forward.

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