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NY court case challenges ownership of 39,000+ inactive Bitcoin wallets under abandoned property law

Market News
25 May 2026
Blockonomi
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Neutral
pluang ai news

A New York court case has been filed seeking legal ownership of 39,069 inactive Bitcoin wallets, applying traditional abandoned property laws to cryptocurrency. The plaintiff, Noah Doe, claims these wallets are abandoned after using a proprietary algorithm to identify them and notifying potential owners through blockchain messages. This case raises complex issues about how courts handle digital assets without centralized control and challenges the principle of Bitcoin self-custody. The outcome could set a precedent for future disputes over dormant cryptocurrency holdings.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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3 hours ago
Producer prices fall, real wages rise; Fed rate hikes unlikely this year amid easing inflation.

Producer prices fall, real wages rise; Fed rate hikes unlikely this year amid easing inflation.

The producer price index (PPI) dropped by 0.3% in June following a slowdown in May, signaling easing inflation alongside a recent deflationary consumer price index (CPI) report. Real average hourly earnings rose 0.8% in June, marking the best wage ga...

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Bullish
4 hours ago
US strikes Iran again; Trump confident IRGC is nearly defeated and boosts US defense production.

US strikes Iran again; Trump confident IRGC is nearly defeated and boosts US defense production.

President Donald Trump revealed that the US conducted another strike on Iran within 24 hours, aiming to dismantle the Iranian Revolutionary Guard Corps (IRGC), which he claims has lost about 90% of its weapons capabilities. Speaking at the Pennsylvan...

Market News
Neutral
4 hours ago
Ondo Finance token surges 5% on launch of first tokenized equities with DTCC and major partners

Ondo Finance token surges 5% on launch of first tokenized equities with DTCC and major partners

Ondo Finance announced the launch of the first tokenized equity representations using DTC tokenized entitlements, part of the DTCC Tokenization Service. This milestone pushed the ONDO token price up by about 5% and increased trading volume by 51.7% i...

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