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Tether's Attempt to Block CoinDesk's Request for Stablecoin Reserve Records Dismissed by New York Court
10.2.2023
A New York judge on Friday rejected an attempt by iFinex and related companies, which include include cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to block CoinDesk's request for information about the financial reserves backing the USDT token
Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
10.2.2023
Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about his new crypto venture, Open Exchange. The exchange...
Nintendo Says New Games Are Still ‘Under Development’ For 7-Year-Old Switch
10.2.2023
Never count Nintendo out. Or for it to do the most obvious and sensible thing. With the Switch entering its seventh year after becoming the third best selling console ever, you’d think it would be the perfect time for a successor. But there’s still no Switch 2 or Switch Pro in sight, and Nintendo...
New York Regulator Launches Investigation into Stablecoin Issuer Paxos – Binance BUSD in Trouble?
10.2.2023
Stablecoin giant Paxos confirmed to be under investigation by New York financial authorities.
The New York Department of Financial Services (NYDFS) has acknowledged an ongoing probe.
Known for running Binance USD (BUSD), Paxos is an industry leader in stablecoin technology. Offerings also include...
Web3 Gaming Platform Ajuna Raises $5M in New Private Financing
10.2.2023
The platform makes it easier for developers to connect traditional game engines to blockchains
Fujitsu’s new platform in support of Web3 developers
10.2.2023
The biggest technological giant in Japan undoubtedly happens to be Fujitsu. It has just taken it upon itself to deliver its latest platform, which has been built with the aim and intention of being able to effectively support all of the Web3 developers globally. This will be instrumental...
Good news doubles for Carbonplace: New CEO’s arrival & $45M raised
10.2.2023
A lot of recent activity seems to be happening at Carbonplace. At the present moment in time, it has managed to become independent and also has been able to bring on board Scott Eaton as the new CEO. Together with all of that, it has even been able to acquire for itself a funding amount …
3AC new exchange triggers backlash from the crypto community — ‘No, thank you’
10.2.2023
One community member swore to never trade in the exchange and even went as far as saying that he will bully the users of the exchange
Stablecoin issuer Paxos probed by New York regulators
10.2.2023
While the exact reason for the investigation hasn’t been revealed, it has been reported that the New York regulator plans on upping its efforts to protect consumers this year
Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation
10.2.2023
Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Governor Lisa Cook said. “We need to raise rates aggressively to put a ceiling on inflation,” Minneapolis...
16 Years After Release, Team Fortress 2 Is Getting A Major Update
10.2.2023
I know it is still available and being played, but Team Fortress 2 can at times feel like a game from a different age. Partly because it is, but also because it’s so old—and has gone so long without a major update—that you’d be forgiven for thinking it was on its last legs. But no!Read more
Coinkite Launches ‘Higher-End’ Coldcard Bitcoin Wallet With QR Code Scanner
10.2.2023
The bitcoin hardware wallet manufacturer Coinkite has announced the launch of a new product, the Coldcard Q1, which features a QWERTY keyboard and QR code scanner. Coinkite details that the battery-powered device utilizes the same security model as the Coldcard Mk4. Coinkite Introduces the Coldcard...
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
9.2.2023
The New York Department of Financial Services is investigating crypto company Paxos, though the scope of the investigation is not yet clear
Bitcoin Addresses With Non-zero Balance Hit New Record High – Will New Investors Pump the BTC Price?
9.2.2023
The number of Bitcoin wallet addresses holding a non-zero balance of the world’s first, most popular and largest cryptocurrency by market capitalization hit a new record high this week, suggesting the Bitcoin network’s global adoption continues to press ahead despite 2022’s challenging bear market...
Here's Why Cardano's New Stablecoin Could Be a Game Changer
9.2.2023
Read More: Here's Why Cardano's New Stablecoin Could Be a Game Changer
New Hampshire could become an alternative for crypto firms moving to the Bahamas
9.2.2023
A state commission recommended that New Hampshire eliminate the gray area in which cryptocurrency companies currently operate
Crypto Payments Firm MoonPay and NFT Marketplace LooksRare Ink New Partnership
9.2.2023
LooksRare users can now buy and sell cryptocurrencies through MoonPay, which will allow users to purchase NFTs with a credit card
Crypto and securities: New interpretation of US Howey test gaining ground
9.2.2023
Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions
Tether assets exceed liabilities in new reserves report by BDO
9.2.2023
As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million
New Court Filings: FTX Racked Up $19.6 Million in Legal and Financial Advisor Fees in Just 51 Days – What's Going On?
9.2.2023
Court documents have revealed the eye-watering costs behind the ongoing FTX bankruptcy saga. Sam Bankman-Fried paid nearly $20m in fees between November's collapse and the end of 2022.
The grandeur of this legal circus cannot be understated. On the defence team there are 151 staff members . This...