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CEO of Gala Games files lawsuit against co-founder
4.9.2023
An uneasy occurrence has taken place at Gala Games, with the CEO of the company, Eric Schiermeyer, having filed a lawsuit against the Co-Founder, Wright Thurston. This is with regard to the misappropriation of funds. As a result, its token value has fallen by 13%. The allegation is that Thurston...
Artbitrum founder says Stylus is a game changer for EVMs
4.9.2023
The Arbitrum-building Offchain Labs co-founder Ed Felten said its new tool would allow more seasoned devs to build EVMs, possibly making them safer
Matter Labs co-founder proposes 'Ethereum Supreme Court' for on-chain disputes
4.9.2023
The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network
Robinhood to Buy Back SBF’s Stake for Over $605 Million
3.9.2023
Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government after the bankruptcy of SBF’s businesses....
MakerDAO co-founder proposes fork of Solana codebase for native chain
2.9.2023
Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.”
MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says
1.9.2023
Some community members have already pushed back against the idea
Onboarding crypto users in Africa vs. the West — Fonbnk founder Christian Duffus explains
1.9.2023
Christian Duffus, founder of Fonbnk, believes a lack of basic infrastructure such as telecommunications is slowing down cryptocurrency adoption in Africa
FTX founder’s expert witnesses would cost up to $1.2K an hour
1.9.2023
Sam Bankman-Fried’s potential expert witnesses could charge more than the U.S. prosecution witnesses, according to court filings
WAGMI Games partners with Opensea ahead of Defense Founder’s Mint
31.8.2023
WAGMI Games recently announced a partnership with the biggest NFT marketplace, OpenSea. The partnership comes right ahead of WAGMI Defense Founder’s Mint. WAGMI Games released an official post to inform users about the collaboration. The post stated that the parties will work together to push...
Prosecutors Challenge FTX Founder’s Legal Advice Defense Ahead of Fraud Trial
30.8.2023
Sam Bankman-Fried’s legal team claimed last week that the FTX founder received assurances from lawyers his actions were lawful. However, federal prosecutors are now contesting the validity of Bankman-Fried’s defense strategy ahead of trial. Bankman-Fried’s Legal Defense...
Shiba Inu’s Shibarium Returns to Full Operation After Navigating Bridge Issues
30.8.2023
The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu’s Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial resources to address the issue....
FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial
29.8.2023
The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the witnesses’ reliability and accused them...
FTX Founder Sam Bankman-Fried's Defense Again Seeks 'Temporary Release' for Trial Preparation
29.8.2023
On August 25, former FTX CEO Sam Bankman-Fried's attorneys filed a new motion seeking his "temporary release" or, alternatively, requesting that he be allowed to meet with his defense team five days a week based on his right to assist in preparing his defense.
On Friday, the defense team lodged...
High Proliferation of Crypto Scams in Africa Linked to Limited Educational Efforts — Mitroplus Labs Founder
29.8.2023
According to Ivaibi Festo, the founder of Mitroplus Labs, a crypto and blockchain education organization, cybercriminals continue to find success in Africa because not enough is being done to educate residents on the basics of digital assets or the technology that underpins such assets. To make...
Bankman-Fried Lawyers Seek Client’s Temporary Release for Trial Prep
29.8.2023
Sam Bankman-Fried’s high-powered legal team is pushing for the FTX founder’s temporary release from jail ahead of his October trial on fraud charges. In a motion filed Thursday, lawyers Mark Cohen and Christian Everdell claim Bankman-Fried’s Sixth Amendment rights are being...
SEC Charges Impact Theory in First NFT-Related Lawsuit Over Unregistered Token Sales
28.8.2023
The Securities and Exchange Commission (SEC) has charged Los Angeles-based media company Impact Theory with offering and selling unregistered securities in the form of crypto asset tokens. Notably, this marks the SEC’s first lawsuit targeting an NFT offering. SEC Sues Impact Theory Over $30M...
Charles Hoskinson Asserts Cardano Will Surpass All: Envisioning ADA as the Leading Global Cryptocurrency
28.8.2023
During the Rare Evo blockchain and cryptocurrency convention, Cardano’s founder Charles Hoskinson expressed his conviction that ADA will eventually become the “biggest cryptocurrency in the world.” Simultaneously, ADA’s value has plummeted 15.2% against the U.S. dollar...
DYdX Founder: Crypto Developers Could Benefit from Avoiding US Market – What's Going On?
27.8.2023
Antonio Juliano, founder of the decentralized exchange dYdX, has suggested that crypto developers forget about serving customers in the United States for the next five to 10 years due to a hostile regulatory environment.
In a recent X (formerly Twitter) thread, the crypto veteran encouraged...
Tornado Cash Co-Founder Roman Storm Released on Bail
26.8.2023
One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations through the unlicensed platform. Storm Out on Bail After...
Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years
26.8.2023
PRESS RELEASE. The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access...