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View More NewsUnited States court records unsealed on Thursday show that a federal judge backed crypto exchange Bybit’s effort to trace assets stolen in the $1.5 billion North Korea-linked hack by granting the company expedited discovery. According to the records, Bybit filed the lawsuit under seal on June 18 against North Korea, its Reconnaissance General Bureau, the Lazarus Group and 20 unidentified defendants. The court granted Bybit’s request for expedited discovery on June 19.The discovery authority gives Bybit a practical route to identify alleged intermediaries and pursue a small portion of stolen assets that remains traceable, rather than relying solely on a judgment…
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From Judge Paul Maloney (W.D. Mich.) in Mead v. Rockford Public School Dist.: Dan and Jennifer Mead have a child, G.M., who attended a middle school in the Rockford Public School District. The Meads contend that the District had policies…
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In what we know as the Middle East, a dramatic jump in the emerging pattern of human violence took place around 5500 BCE, the primary evidence being circumvallation, the construction of walled fortifications around population centres.Circumvallation was not unprecedented. The massive and fabled walls of Jericho appeared around 8000 BCE. Twelve feet high and six feet thick, an estimated 1,800 feet in circumference, the walls were a mute indicator of both the place’s unprecedented wealth—perhaps derived from trading Dead Sea salt—and the need to protect it. But these fortifications stood alone for 2,500 years; and then, rather suddenly, equivalents began…
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In brief XRP fell 2.05% in 24 hours to $1.02, the lone red coin among the top 10; every other major is green. The…
The company’s deteriorating financial performance compounded these concerns. BitMEX continued to lose market share throughout the sale process as trading activity migrated to larger…
At first glance, this week’s biggest business stories could have come straight from Wall Street. BlackRock launched tokenized money market funds for stablecoin reserves.…
In brief Hackers are using BNB Smart Chain contracts to store malware instructions. Fake CAPTCHA prompts tell victims to paste malicious commands into Windows…
Ethereum co-founder Vitalik Buterin responded to growing criticisms of the Ethereum Foundation’s role in the Ethereum ecosystem, pushing back against critics who want the…
In brief MoonPay launched a ChatGPT app that lets users generate crypto purchase links inside OpenAI’s chatbot. Users still must complete MoonPay’s standard KYC…
Coinbase is not at all concerned with the increasing competition from Wall Street giants or other traditional financial institutions, the crypto exchange’s head of…
The Federal Reserve published the latest version of its proposal to create a “skinny” master account, updating the proposal first published last December. In…
Cryptocurrency markets have recovered around $75 billion in total capitalization following a progress update on Saturday from US President Donald Trump on a peace…
Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a…
In brief Joi AI is hiring 10 “masturbation consultants” at $2,000 for a month to test an AI-guided masturbation feature and document its effects…
Crypto lender Ledn says the consumer bitcoin-backed loan market could grow nearly 300-fold to as much as $1 trillion within the next decade, as…
