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Pennsylvania State, Crypto Miner Sued for Polluting Environment


Pennsylvania environmental NGO – Save Carbon County – filed a lawsuit in a state court, accusing Stronghold Digital Mining for environmental contamination through Bitcoin mining. The post Pennsylvania State, Crypto Miner Sued for Polluting Environment appeared first on Cryptonews

Binance Is Having an Odd Time


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

US DOJ Files Lawsuit Against Apple Over Unfair Rules Targeting Crypto Apps


The Justice Department and 16 state and district attorneys general have filed a civil antitrust lawsuit against Apple, accusing the tech giant of monopolizing or attempting to monopolize smartphone markets. The post US DOJ Files Lawsuit Against Apple Over Unfair Rules Targeting Crypto Apps appeared...

Kraken Unveils Crypto Custody Service for US Institutional Clients


Crypto exchange Kraken launched a crypto custody service in the US targeted at institutional clients on Wednesday. Kraken Financial, a state-chartered bank based in Wyoming, will provide the service.  The post Kraken Unveils Crypto Custody Service for US Institutional Clients appeared first...

Does Sam Bankman-Fried Deserve 50 Years in Prison?


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...

5thScape Raises Over $1m For World-First VR/AR Crypto – In Presale Now


Imagine a world where you can trade with an edge based on the hyper-visualization of a state-of-the-art virtual and augmented reality ecosystem – well that’s just a fraction of what 5thScape ($5SCAPE) is offering, and there’s much more besides. The post 5thScape Raises Over $1m For World-First...

Stellar Blade’s Sexiest Outfit Comes With Deadly Consequences


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...

Wyoming Grants DAOs New Legal Structure


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."

Hong Kong Central Bank Launches Wholesale CBDC Project to Foster Tokenization


Hong Kong's central bank has announced the launch of a new project called "Project Ensemble," aimed at supporting the development of the tokenization market in the city-state through a wholesale central bank digital currency (wCBDC). The post Hong Kong Central Bank Launches Wholesale CBDC Project...

How the SEC's Recent Win May Play in Its Coinbase, Binance Cases


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

China State Media Issues Alert on Crypto Risks Amid Bitcoin Rally


China’s state-run media has once more cautioned investors against crypto investments as Bitcoin reached a two-year peak on Monday, near the $64,000 mark. The post China State Media Issues Alert on Crypto Risks Amid Bitcoin Rally appeared first on Cryptonews

State Attorneys General Question SEC’s Authority in Kraken Lawsuit


A group of state attorneys general has challenged the U.S. Securities and Exchange Commission's (SEC) authority in the ongoing lawsuit against the cryptocurrency exchange Kraken.  The post State Attorneys General Question SEC’s Authority in Kraken Lawsuit appeared first on Cryptonews

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