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The Ever-Dwindling Chances for a Stablecoin Law
24.4.2024
Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough?
Looking at Sam Bankman-Fried's Appeals Process
17.4.2024
As expected, Sam Bankman-Fried's legal team filed a notice of his intent to appeal his conviction on fraud and conspiracy charges. So far all we have is just the notice – the actual brief won't come for some time yet
Russian Central Bank Chief: Mass Adoption of Digital Ruble Expected in 5 to 7 Years
11.4.2024
Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions by the chairman of the State Duma Committee on the Financial Market that the launch will begin next year....
Is the Sam Bankman-Fried Story Over?
10.4.2024
Last month, I attended Sam Bankman-Fried's sentencing hearing. Not that anyone asked, but I have some thoughts
What a Judge Said About the SEC's Suit Against Coinbase
3.4.2024
Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening
Binance Is Having an Odd Time
27.3.2024
Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly escaped custody
Ethereum Foundation Receives Confidential State Inquiry, Removes Warrant Canary Icon From Github Repo
20.3.2024
The Ethereum Foundation has reportedly received a “voluntary enquiry from a state authority,” according to a note added to the group’s Github page. State Actors Have Contacted the Ethereum Foundation; SEC Reportedly Investigating On Wednesday, March 20, 2024, the crypto...
Does Sam Bankman-Fried Deserve 50 Years in Prison?
20.3.2024
The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried's family and friends (from...
Stellar Blade’s Sexiest Outfit Comes With Deadly Consequences
14.3.2024
Sony might’ve yanked the Stellar Blade demo from the PlayStation store after hitting the Big Red Button a little too early, but folks still managed to get some hands-on time with developer Shift Up’s stylish character action game. As a result, some new details have come to light about the...
How an Appeals Court Ruled on an Aspiring Class-Action Lawsuit Against Binance
13.3.2024
A federal appeals court ruled last week that Binance needs to face a putative class-action lawsuit from a group of U.S.-based crypto investors who allege the exchange allowed them to buy and trade unregistered securities in the form of certain cryptocurrencies. The ruling doesn't make...
Wyoming Grants DAOs New Legal Structure
8.3.2024
Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an "oasis."
How the SEC's Recent Win May Play in Its Coinbase, Binance Cases
6.3.2024
A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission's motion for a default ruling
Sam Bankman-Fried Doesn't Want to Go to Prison for 100 Years
29.2.2024
Sam Bankman-Fried's new legal team filed his sentencing memo, alongside 29 different character references and other supporting documents, arguing he shouldn't face a lengthy prison term after his conviction last November on two fraud and five conspiracy charges
Here’s How Much Space You Need To Clear For Final Fantasy VII Rebirth
27.2.2024
Final Fantasy VII Rebirth, part two of the trilogy remaking one of the greatest RPGs of all time, arrives on PS5 on February 28, 2024. As is customary these days when it comes to large games, you can all but count on needing to make some space on that SSD of yours. Read on to find out just how...
Looking at Kraken's Motion to Dismiss an SEC Lawsuit
24.2.2024
The SEC Takes on Dealer Definitions
14.2.2024
The U.S. Securities and Exchange Commission published a new definition for securities dealers, capturing crypto
FF7 Rebirth, Xbox Drama, And More Of This Week's Hottest Takes
11.2.2024
Hey, remember Foamstars? The Square Enix shooter from Summer Game Fest last year that everyone joked was a Splatoon clone? Well, it’s out now, and it turns out that “Splatoon clone” may have been a smidge too optimistic. Also, Team Green is going through it as we all wait on pins and needles...
Federal Reserve Ends Enforcement Action Against FTX-Connected Farmington State Bank
7.2.2024
The Federal Reserve terminated its enforcement action against Washington-based Farmington State Bank, previously known as Moonstone Bank and linked to FTX’s Alameda Research. Federal Reserve Terminates Enforcement Action of FTX-Linked Farmington Bank The Federal Reserve Board has officially...
I’m Convinced FF7 Rebirth Is A Sequel To The 1997 Original
7.2.2024
With the release of Final Fantasy VII Rebirth only weeks away, it’s becoming abundantly clear that Square Enix is playing fast and loose with the original game’s script. That was true of FF7 Remake, but the most recent State of Play, focused entirely on Rebirth, was a bounty of spoilers and scenes...
Steve Wozniak Labels Bitcoin ‘Safe, Stable, and Conservative’ Amid Growing Legacy Adoption
6.2.2024
In line with the rising trend of the legacy tech and finance industries’ adoption of the top cryptocurrency, Apple co-founder Steve Wozniak labeled Bitcoin as a safe bet in a February 6 podcast. Speaking in the Wildride podcast posted on X (formerly Twitter), the Apple co-founder echoed...