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Former FTX Legal Chief Forms New Law Firm Focused on Crypto Regulation
14.9.2023
Ryne Miller, the former general counsel of the now-defunct crypto exchange FTX, has established his own law firm.
Miller Strategic Partners will specialize in offering regulatory and strategic advice to digital asset and blockchain firms, as well as crisis response management and regulatory...
NFT-Based Firm Remilia Corporation Sues Independent Contractors Accused of Siphoning $1 Million
14.9.2023
Remilia Corporation, a digital art and non-fungible token (NFT)-related business, has filed a lawsuit against three independent contractors whom it accuses of siphoning $1 million from the company. Founder Krishna Okhandiar denied claims the three had at any point “sought equity shares...
Crypto Security Firm Certik Warns Over 40% of Telegram Bot Tokens May be Exit Scams
14.9.2023
Crypto security firm Certik has revealed that more than 40% of Telegram Bot tokens could be exit scams.
"Our analysis shows that over 40% of Telegram Bot tokens could be exit scams," the company said in a Wednesday tweet.
Certik pointed out that these tokens have witnessed an “astronomical...
‘Brazilian Crypto Scam Firm Donated $122k to Bolsonaro Election Campaign,’ Lawmakers Told
14.9.2023
An investor in a suspected Brazilian crypto pyramid has claimed the firm behind the “scam” donated over $122,000 to ex-President Jair Bolsonaro’s 2018 election campaign.
Per O Globo, the allegations came to light at a recent parliamentary hearing, as the nation’s lawmakers continue to investigate...
India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption Index
14.9.2023
Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. “The Central & Southern Asia and Oceania (CSAO) region dominates the...
Suspected $28 Million Coinex Hot Wallet Hack Emerges
12.9.2023
Numerous reports have surfaced, pointing to a potential security breach in Coinex’s hot wallets, suggesting a hacker’s involvement. Peckshield, a blockchain security and data analytics firm, observed a concerning pattern – an unusual outflow of substantial assets originating...
Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources
12.9.2023
Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas
Crypto Custody Firm Qredo Integrates Circle’s USDC Stablecoin
12.9.2023
The new toolkit allows USDC to be the ultimate gas token on any blockchain
SEC's Gary Gensler to hold firm on crypto enforcement in Senate hearing
12.9.2023
Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing
Casio the Latest Japanese Firm to Enter NFT Arena – More to Follow?
11.9.2023
Japan’s Casio has become the latest megabrand to take the NFT plunge with the release of “Virtual” G-Shock tokens based on its popular watches.
In a Casio press release, the firm said it was launching the Virtual G-Shock line on the Polygon blockchain protocol.
The company said it would release...
Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner
10.9.2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed...
US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud
9.9.2023
A United States Federal Court Judge has ordered the collapsed bitcoin investment platform Mirror Trading International to pay over $1.7 billion in restitution. Commodity Futures Trading Commission director of enforcement Ian McGinley said the CFTC will not hesitate to go after fraudsters who target...
Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law
8.9.2023
The blockchain-based file-sharing network had indicated it would be winding down after a New Hampshire court ruled in favor of the SEC last November
Duelbits Celebrates the Release of Their All-New Platform With a Rakeback Bonus for the Ages
8.9.2023
In several short years, Duelbits have made a name for themselves in the crypto casino niche, becoming one of the de facto leaders in the sphere. With a firm commitment to innovation, they have made it a point to stand out from the crowd. Recently, they have completely revamped their already sleek...
Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding
8.9.2023
The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is working with central banks, some of whom...
LBRY decides to fight: Blockchain firm files notice of appeal against SEC
8.9.2023
Blockchain-based file-sharing and payment network LBRY is planning to pick up the fight against the federal regulator again after losing the battle in November last year
Binance CEO brushes off negativity, assures firm has 'no liquidity issues'
8.9.2023
Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks
Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups
7.9.2023
Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups that have been spreading online since the invent...
Publicly Traded Korean Firm Neowiz To Build Games on Avalanche Network
7.9.2023
Intella X, Neowiz’s Web3 arm, has joined Avalanche Arcad3 to build blockchain games in the crazed market
Genesis Sues Parent Firm DCG Over $600 Million Loan Repayment
7.9.2023
Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million.
Genesis, which declared bankruptcy in January this year following...