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Roman Storm’s defense hints at mistrial after agents fail to trace funds stolen from witness to Tornado Cash
Roman Storm’s defense team raised the prospect of a mistrial on July 21 after an FBI agent failed to confirm that the stolen assets from the prosecution’s first witness in his trial had passed thr...

PayPal Adds Scam Detection to Friends and Family Payments
PayPal has introduced a scam prevention tool for PayPal and Venmo Friends and Family payments. [contact-form-7] “Designed to proactively alert customers to potential scams and prevent los...

What Crypto Whales Are Buying After Successful US Crypto Week
The US crypto market just got its clearest green light yet. On July 18, the GENIUS Act, America’s first-ever stablecoin regulation, officially became law, signed by President Trump after passing bot...

Ethena launches StablecoinX as ENA climbs 8% and USDe supply crosses $6B
The Ethena Foundation is making a bold push into the public markets by creating a new stablecoin-focused treasury firm, StablecoinX Inc. According to a July 21 statement, the company will go public th...

Trump’s $10 Billion WSJ Lawsuit Over Epstein Article Reveals His Lawyers Can’t Read Good
We’ve seen some pretty ridiculous lawsuits here at Techdirt, but the one that Donald Trump filed on Friday against Rupert Murdoch and the Wall Street Journal over the article about the birthday card...

Faraday Future is back with another wild EV that probably will never get made
Ask anyone who's familiar with EV startups what Faraday Future is, and words like vaporware or severely delayed might come to mind. That's because, in the brand's 11-year existence, it has seem...

AI Is Optimizing the Back Office, but What About the Physical Office?
Artificial intelligence in the back office automates repetitive cognitive tasks and helps teams quickly find and summarize the information they need. [contact-form-7] However, companies are ...

WEX Taps AI For Faster FSA Reimbursements
WEX has debuted a tool designed to help people get faster reimbursements from their flexible spending accounts (FSAs). [contact-form-7] The artificial intelligence (AI)-powered tool, announc...

Treasury Announces 2-Year Delay of AML/CFT Rule for Investment Advisers
The Treasury Department plans to delay for two years the implementation of a new anti-money laundering rule focused on investment advisers while one of its bureaus, the Financial Crimes Enforcement Ne...

Conflux (CFX) Hits 7-Month High as On-Chain Metrics Signal Further Upside
Layer-1 (L1) coin CFX has emerged as the top-performing altcoin today, hitting its highest price level since December 9, 2024. The rally follows a series of recent ecosystem updates that have sig...