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Pay Later Economy Gets Regulatory Reprieve as CFPB Moves to Rescind BNPL Rule
The pay later economy got a big boost late in the day Tuesday (May 6) when the Consumer Financial Protection Bureau (CFPB) announced in a terse, one-paragraph press release that it will rescind the bu...

Meta awarded $167.25 million over Pegasus spyware attack
NSO Group, the Israeli spyware-maker behind Pegasus, must pay Meta $167.25 million for hacking 1,400 users across WhatsApp. A federal jury in California made the decision on Tuesday after the cour...

Netflix is Making a Series on FTX – Who is Playing Sam Bankman-Fried?
According to Hollywood rumors, Netflix is planning to make a movie based on the 2022 FTX collapse. Julia Garner is rumored to be finalizing negotiations to play Caroline Ellison, but Bankman-Fried’s...

FTX Estate Fumbles $500,000,000 Investment As AI Coding Platform Cursor Now Valued at Nearly $1,000,000,000: Report
FTX bankruptcy liquidators sold its stake in the artificial intelligence (AI) coding platform Cursor for $200,000, missing a potential $500 million windfall, according to recent reports. According to ...

Bitwise sees peril in stalled crypto legislation amid political unrest
Bitwise CIO Matt Hougan cautioned that the digital asset market may face a turbulent summer if lawmakers in Washington fail to pass key crypto legislation, despite strong early momentum under Presiden...

JPMorgan Discontinues Capital Connect Platform, Shifts Focus to Traditional Banking Relationships
JPMorgan Chase (NYSE: JPM) has terminated its Capital Connect platform, a digital initiative launched in 2022 to bridge the gap between startup founders and venture capital investors. The decision, wh...

Digital Assets : OKX Unveils DEX Aggregator Enhancements, Launches OKX Pay
Digital assets firm OKX continues to expand its role in the Web3 space with a series of updates, including enhancements to its DEX aggregator, the introduction of OKX Pay, a new digital wallet app, an...

Google Wallet Adopts Zero-Knowledge Proofs (ZKPs) for Enhanced Privacy in Digital Identity Verification
In a step toward prioritizing user privacy, Google has announced the integration of zero-knowledge proof (ZKP) technology into its Google Wallet platform. This cryptographic solution aims to enhance d...

A new bill would force Apple to allow third-party app stores
Representative Kat Cammack (R-FL) introduced a bill Tuesday that would require “large app store operators” like ...

Derailed House Hearing Leaves Crypto Market Structure Hanging in Balance
Donald Trump promised to transform the U.S. into the “crypto capital of the planet,” and he will need cryptocurrency legislation for his administration to do it. But while bills for both stableco...