OpenAI Countersues Elon Musk, Setting Stage For Legal Battle
OpenAI has filed a countersuit against Elon Musk, claiming he abandoned the venture after failed merger talks with Tesla, skipped a $1B pledge, and sought to derail OpenAI’s progress through the creation of xAI.
The post OpenAI Countersues Elon Musk, Setting Stage For Legal Battle appeared first on Cryptonews. …
Russian Logistics Firm Asks Moscow to Legalize Crypto Payments
The Russian logistics firm ETE Group has asked Prime Minister Mikhail Mishustin to let domestic firms use crypto as a payments tool in overseas trade deals.
The post Russian Logistics Firm Asks Moscow to Legalize Crypto Payments appeared first on Cryptonews. …
HMRC sending surprise tax bills to people with savings accounts
HMRC is sending tax bills to people with savings accounts and it will come as a shock to many. …
Barclays paying out free cash to customers with code on bank statement
Barclays is reported as having started paying an estimated £7 million compensation to customers affected by technical glitches earlier this year. …
Anyone with a Cash ISA, pension or savings given new update after tax year changes
Anyone who has a Cash ISA, a pension or savings has been given an update by finance experts this week. …
a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter
Venture capital firm a16z recommends that the SEC modernize digital asset custody rules, supporting self-custody under defined conditions and advocating for a framework that reflects how blockchain systems operate.
The post a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter appeared first on Cryptonews. …
UK Regulator Sounds Alarm on Stablecoin Risks Amid Crypto’s Growing Footprint
The Bank of England’s Financial Policy Committee raises red flags over stablecoin risks, including currency substitution and liquidity issues, as more UK investors turn to crypto assets.
The post UK Regulator Sounds Alarm on Stablecoin Risks Amid Crypto’s Growing Footprint appeared first on Cryptonews. …
Bybit’s Market Share Rebounds by 7% After February Hack
Bybit’s market share has rebounded, according to a research report, as the exchange effectively utilized strategic liquidity tools and benefited from a broader market recovery, quickly overcoming the uncertainty caused by a February crypto hack.
The post Bybit’s Market Share Rebounds by 7% After February Hack appeared first on Cryptonews. …
Bitcoin ETFs Record $127 Million in Outflows after Trump’s Tariff Pause
U.S. spot Bitcoin ETFs experienced $127.12 million in net outflows on April 9, despite President Trump’s announcement of a 90-day pause on new tariffs, which boosted U.S. stocks. The Nasdaq saw its best day since January 2001, but this didn’t translate to Bitcoin ETFs, highlighting a disconnect in market reactions.
The post Bitcoin ETFs Record $127 Million in Outflows after Trump’s Tariff Pause appeared first on Cryptonews. …
VanEck Confirms China and Russia Settling Energy Trades in Bitcoin
VanEck reports that China and Russia are settling some energy trades using Bitcoin, highlighting a growing trend of de-dollarization and Bitcoin’s emerging role as a neutral settlement layer in global trade.
The post VanEck Confirms China and Russia Settling Energy Trades in Bitcoin appeared first on Cryptonews. …
