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Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
10.9.2022
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt...
Apple Shielded From Crypto Wallet App Lawsuit, Judge Rules
8.9.2022
A federal judge in California has ruled that Apple Inc. is shielded from the “Toast Plus” class action lawsuit where a fake crypto wallet app was available in the Apple App Store. A customer sued the tech giant after downloading the fraudulent app and lost some crypto. Apple...
GameStop Accused Of 'Wiretapping' Customers Without Their Consent
8.9.2022
A suit has been filed in California accusing games retailer and NFT clearance house GameStop of recording conversations that customers have with the company’s support service, then sharing “the secret transcripts of those wiretaps with a third party that boasts of its ability to harvest personal...
Meta to Open 10 Metaverse Campuses as Part of $150 Million Immersive Learning Project
6.9.2022
Meta, the metaverse-focused social media company, is helping universities get their own virtual reality campuses online. The company will be opening 10 virtual campuses as part of its Immersive Learning project, which seeks to take education to virtual reality environments. In partnership with...
Law Decoded, Aug. 29–Sep. 5: Celsius is ready to give money back, but not much
5.9.2022
Crypto lending platform is ready to return $50 million out of $210
Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum
5.9.2022
On September 2, the crypto market aggregation web portal Coingecko.com published a study that identifies the top ten states in America that are most interested in the two leading digital currencies, bitcoin and ethereum. The team leveraged Coingecko’s page traffic data and found that...
California State Assembly passes bill for licensing and regulating crypto firms
1.9.2022
The bill requires digital asset exchanges and crypto companies to have a license of operation in the state of California
CoinGecko reveals the US state most interested in Bitcoin and Ethereum
1.9.2022
Behind this western U.S. state, Illinois and New York were the next states most interested in the two major cryptocurrencies
California Assembly Passes Crypto Regulation Bill That Requires Bank-Issued Stablecoins
1.9.2022
The Digital Financial Assets Law, which is similar to New York’s BitLicense, has been criticized by industry stakeholders
Here's The Next Hilarious Netflix Anime You Should Watch
24.8.2022
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Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions
11.8.2022
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate...
California Man Must Pay $61K in Restitution for SIM Swap Scam That Stole One Victim's Crypto
11.8.2022
The swindle defrauded Apple and targeted at least 40 people
California regulator orders Celsius to stop selling securities in the state
10.8.2022
The Department of Financial Protection and Innovation previously ordered BlockFi and Voyager to stop their offerings in the state
Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’
2.8.2022
While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit Taiwan this week and White House officials say China is preparing to carry...
2 California Men Sentenced to Prison for $1.9M Crypto Grift
1.8.2022
Two Orange County, California men were sentenced to prison on Monday for operating a cryptocurrency scam that swindled over 2,000 investors out of a collective $1.9 million, according to the Department of Justice
California again allows crypto contributions to state, local political campaigns
22.7.2022
The state's Fair Political Practices Commission has reversed a 2018 prohibition that arose from transparency and KYC concerns, while seven states still have a ban
California regulator investigating crypto interest accounts
13.7.2022
The regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager
California Is Investigating ‘Multiple’ Crypto Lending Companies
12.7.2022
The state’s Department of Financial Protection and Innovation is looking at whether firms that have suspended customer withdrawals and transfers have violated its laws
New Class Action Lawsuit Targets Solana In California
7.7.2022
Solana Labs, the entity behind the Solana (SOL) blockchain, has found itself targeted by a new class-action lawsuit filed with a California court.
The suit accuses the company, along with a number of related persons and entities active within the ecosystem, of drawing illegal profits from...
Night In The Woods Featured In Amazing Pride Demonstration
30.6.2022
The Portland Timbers beat Houston Dynamo 2-1 last night, but the coolest moment came before the match even started when giant banners in the stands were raised to reveal an unflinching Pride display with an unlikely messenger: Mae Borowski from Night in the Woods. It was one of the best video game...