JPMorgan sued over alleged $328M crypto Ponzi
JPMorgan Chase is facing a class-action lawsuit accusing the bank of allowing a $328 million cryptocurrency Ponzi scheme to operate through its banking infrastructure.
JPMorgan Chase is facing a class-action lawsuit accusing the bank of allowing a $328 million cryptocurrency Ponzi scheme to operate through its banking infrastructure.
European and US authorities have dismantled the “SocksEscort” malicious proxy network and frozen $3.5 million in cryptocurrency linked to the operation as part of a coordinated cybercrime crackdown.
The Federal Deposit Insurance Corporation is preparing a proposal that would exclude payment stablecoins from pass-through deposit insurance, highlighting a growing regulatory divide between stablecoins and tokenised bank deposits.
Anchorage Digital has integrated Puffer Finance to give institutional clients access to Ethereum liquid restaking through its crypto custody platform.
VeryAI has raised $10 million in a seed funding round led by Polychain Capital to build a palm-scan identity verification system designed to distinguish real users from AI-generated accounts.
Ripple has launched a new share buyback programme that could increase its valuation to about $50 billion, representing a roughly 20% jump from its previous funding round.
Bybit marked International Women’s Day with a livestream discussion featuring senior executives who outlined the company’s shift from a cryptocurrency exchange toward a broader digital financial platform.
Bybit EU will serve as lead sponsor of Paris Blockchain Week 2026 as the company expands its presence in Europe’s regulated digital asset market under the European Union’s Markets in Crypto-Assets Regulation framework.
Cryptio has raised $45 million in a Series B funding round as rising institutional adoption of tokenised finance drives demand for tools that reconcile blockchain transactions with traditional accounting systems.
An Ethereum trader appears to have executed a catastrophic on-chain swap, exchanging roughly $50 million worth of assets for only about $36,000 in AAVE tokens in a single transaction.
The cryptocurrency downturn in 2026 is unfolding very differently from the 2022 crash, with markets experiencing a slow structural reset rather than panic-driven collapses or large-scale insolvencies.
Playnance said it will launch G Coin on March 18, introducing a utility token designed to power transactions across its blockchain-based gaming and prediction market ecosystem.
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