A New York court has scheduled a hearing for July 14 in a lawsuit claiming ownership of 39,069 dormant Bitcoin wallets holding about 3.7 million BTC, valued at $226 billion. The plaintiffs argue these wallets are abandoned property under New York law and include addresses linked to Bitcoin creator Satoshi Nakamoto and the Mt. Gox hack. The case raises significant legal questions about digital asset ownership and court jurisdiction over blockchain assets. The hearing will determine if the plaintiffs' claims proceed, with opposition filings due by early July.
Tesla has reduced its robotaxi fleet to about 20 vehicles despite expanding the Austin service area, raising safety concerns from former engineers. Meanwhile, SpaceX updated its IPO filing, indicating a lock-in period for Musk's shares and potential ...
Recent financial reports show strong earnings beats driven by surging demand for artificial intelligence (AI) technologies, with companies like ServiceTitan, Palo Alto Networks, and CrowdStrike exceeding revenue and earnings estimates. Policymakers i...
David Schwartz, Ripple's former CTO, clarified that predicting when Ripple's XRP escrow reserves will run out is difficult due to uncertain variables like future XRP use and re-escrowing. While some expect depletion around 2035, Schwartz emphasized t...
The upcoming May Consumer Price Index (CPI) report is highly anticipated following a strong May jobs report that increased expectations for Federal Reserve interest rate hikes, causing a sharp market sell-off. Analysts predict headline CPI to rise 0....
Bitcoin's supply held at a loss has reached 10.46 million BTC, a level historically linked to market bottoms, indicating reduced selling pressure and potential stabilization. New buy walls between $59,400 and $61,100 suggest buyers are defending supp...
