US SEC to appeal from Ripple Labs court ruling
The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May...
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Founder of bankrupt crypto lender Celsius must face New York fraud lawsuit
Alex Mashinsky, founder and former CEO of bankrupt cryptocurrency lender Celsius Network, exits the Manhattan federal court in New York...
Trump group reports big legal expenses, claws money back from super PAC
WASHINGTON, July 31 (Reuters) - Donald Trump's legal entanglements on Monday showed signs they could impact spending on his White House bid, as one of his main political groups reported massive outlays on legal expenses while also clawing back more than $12 million it had transferred to a super PAC supporting Trump's 2024 campaign.Trump's Save America group, which he founded in 2020 following his defeat in that year's presidential election, said in a filing to the Federal Election Commission that it spent more than $21 million on legal expenses during...
German data watchdog probing Worldcoin crypto project, official says
LONDON, July 31 (Reuters) - A German data watchdog has been investigating OpenAI CEO Sam Altman's Worldcoin project since late last year due to concerns over its large-scale processing of sensitive biometric data, the regulator's president told Reuters.Worldcoin, which launched last week, requires users to give their iris scans in exchange for a digital ID and, in some countries, free cryptocurrency as part of plans to create a new "identity and financial network".The Bavarian State Office for Data Protection Supervision started investigating Worldcoin in November 2022 because of concerns that...
Global money market funds draw big weekly inflows on investor caution
The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, April 26, 2018. REUTERS/Kai...
Lebanon central bank chief defends record before leaving office
BEIRUT, July 26 (Reuters) - Lebanon's longtime central bank governor Riad Salameh defended his record on Wednesday in a televised...
Factbox: European companies cut jobs as economy sputters
July 25 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs...
UK data watchdog to make enquiries about Worldcoin crypto project
LONDON, July 25 (Reuters) - Britain's data regulator said on Tuesday it will examine Worldcoin, a project by OpenAI CEO Sam Altman where users provide their iris scans in exchange for a digital identification and free cryptocurrency."We note the launch of WorldCoin in the UK and will be making further enquiries," a spokesperson for the Information Commissioner's Office told Reuters.Worldcoin launched on Monday with two million users from its trial, with the crypto project scaling up eyeball-scanning operations in 20 countries, including at sites in London.Described on its website as...
JPMorgan to expand online bank Chase to Germany, EU, Handelsblatt reports
FRANKFURT, July 21 (Reuters) - JPMorgan (JPM.N) will expand its online bank Chase to Germany and other European Union countries,...
North Korean hackers breached a US tech company to steal crypto
Miniatures of people with computers are seen in front of North Korea flag in this illustration taken July 19, 2023. REUTERS/Dado Ruvic/IllustrationWASHINGTON, July 20 (Reuters) - A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard to target cryptocurrency companies, the firm and cybersecurity experts said on Thursday.The hackers broke into Louisville, Colorado-based JumpCloud in late June and used their access to the company’s systems to target "fewer than 5" of its clients, it said in a blog post.JumpCloud did not identify...