Texas County Settles Lawsuit Over Wrongful Seizure of $15,000 from Bitcoin ATM

A Texas county has reached a settlement in a lawsuit involving the wrongful seizure of $15,000 from a Bitcoin ATM operated by Lux Vending, known as Bitcoin Depot. The lawsuit was dismissed after the county acknowledged the funds were unlawfully taken due to a scam targeting an 82-year-old woman in C ...

Blockchain in Traditional Finance Could Save Industry Participants $120 Billion Annually, Study Finds

According to a study by the Global Financial Markets Association (GFMA), the use of blockchain in the traditional financial industry could save industry participants up to $120 billion a year. The report, which also involved specialists from Boston Consulting Group, asks ...