A New York court paused a major lawsuit claiming ownership of 39,069 dormant bitcoin wallets worth about $293 billion after attorney Ian R. Cohen argued these wallets were not abandoned. The case, filed by a plaintiff named Noah Doe, alleges lost property rights over these wallets under New York's lost-and-found law. Cohen's amicus brief challenged the legal basis, stating the law applies to physical objects, not blockchain entries, and that inactivity doesn't equal abandonment. The court's stay means a hearing will now determine if the lost-property claim holds, with significant implications for bitcoin ownership rights and legal jurisdiction over digital assets.
TSMC reports that demand for AI chips remains significantly higher than its production capacity. This supply-demand gap highlights the strong growth potential in the AI semiconductor market. As a result, investors see Nvidia, a leading AI chipmaker, ...
With the holiday season approaching, several credit cards are offering attractive sign-up bonuses that reward holiday spending. Cards like Chase Freedom Flex, Bank of America Customized Cash Rewards, Hilton Honors American Express Surpass, and Chase ...
On October 16, U.S. XRP spot ETFs experienced a net outflow of $2.4734 million, entirely from the Canary XRP ETF. Despite this daily withdrawal, the Canary XRP ETF has a historical net inflow of $484 million. Overall, XRP spot ETFs have accumulated $...
Highland County and Bath County in Virginia have launched a shared hosted Computer-Aided Dispatch (CAD) platform by Caliber Public Safety, enabling each county to maintain its own dispatch operations while using a common system. This setup improves c...
Pyth Network (PYTH) saw its price fall about 9.47% to below $0.085 due to thin trading volume and mildly negative derivatives funding, with no specific protocol issues identified. The decline reflects broader market risk-off sentiment impacting small...
