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crypto.news

DOJ antitrust probe targets a16z over competing AI board roles

The U.S. Justice Department has spent nearly a year investigating Andreessen Horowitz over whether partners at the venture capital firm are improperly serving on the boards of competing artificial intelligence companies. Bloomberg News reported on Aug. 17, citing people familiar…

crypto.news

EU opens door to country-wide crypto bans over Russia sanctions evasion

The European Union has expanded its Russia crypto sanctions to 14 foreign service platforms while creating a country-level transaction ban that could cut EU operators off from crypto providers in jurisdictions accused of repeatedly enabling sanctions evasion. According to the…

BeInCrypto

Georgia Man Charged Over Alleged $165 Million Crypto Ponzi Scheme

Edward Zimbardi faces federal wire fraud and money laundering charges over an alleged $165 million crypto Ponzi scheme. Fijian authorities deported the 59-year-old Georgia resident to the United States on August 14. Zimbardi appeared before a federal magistrate judge in…

BeInCrypto

Zoomex Streamlines Deposits with Nodex Pay 

Zoomex, a global cryptocurrency trading platform focused on derivatives trading, has reaffirmed its commitment to frictionless account funding by detailing the full range of deposit options available to traders, with particular emphasis on Nodex Pay, its web3 payment integration that…

crypto.news

Circle’s euro stablecoin EURC tops €400 million in circulation

Circle’s euro-backed stablecoin EURC has surpassed €400 million in circulation after its supply more than doubled over the past year as the token gained support across exchanges, payment providers and institutional platforms. Circle said in an Aug. 17 update that…