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Binance onboarded millions into finance but forgot the paperwork — Columbia professor
25.11.2023
Binance settlement highlights banks’ and crypto firms’ ambiguous treatment, says Columbia Business School adjunct professor Omid Malekan
YouTuber Accuses Casetify Of Copyright Theft, Has Receipts
24.11.2023
There’s a brilliant trick map makers use to prevent plagiarism, called “trap streets.” They deliberately put an entirely fictional road, or even entire imaginary towns (“paper towns”), so that if someone lifts their work without permission it’s immediately identifiable to them. Something very...
Bitcoin Lightning Wallet Vanishes: Wallet of Satoshi Removed From Apple and Google’s US Stores
24.11.2023
Wallet of Satoshi removed its app from US stores, puzzling Bitcoin Lightning users. Image by Lukas Gojda, Adobe Stock. Popular Bitcoin Lightning wallet app Wallet of Satoshi has suddenly vanished from Apple and Google’s app stores in the United States. The disappearance was first noticed...
Do Kwon Faces Extradition Dilemma: Montenegro’s Justice Minister to Decide Between US and South Korea
24.11.2023
In a decision by the Podgorica High Court, ex-Terraform Labs chief executive Do Hyeong Kwon (Do Kwon) is set to be extradited following his four-month incarceration in Montenegro for fabricating travel papers. The extradition bids originate from both the United States and South Korea, with...
Terra Founder Do Kwon’s Extradition Approved by Montenegrin Court – Here’s the Latest
24.11.2023
Image Source: Reuters A court in Montenegro’s capital, Podgorica, has approved the extradition of Do Kwon, the founder of Terra, to either South Korea or the United States. According to a recent update on the judiciary’s website, the final decision on the country of extradition will...
Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation
23.11.2023
Consensys senior counsel and director of global regulatory matters Bill Hughes spoke at the North American Blockchain Summit on crypto bills and their role in politics
Alchemy Pay Announces U.S. Expansion, Iowa Licensing
23.11.2023
Singapore-based Crypto-fiat payment solution, Alchemy Pay, announced further expansion into the U.S. market through their acquisition of a Money Services License in Iowa on Thursday morning. Dedication to compliance “We are thrilled to announce that we have obtained a Money Services License...
Alchemy bags money services license in Iowa, expands US services
23.11.2023
The crypto-fiat payment services provider Alchemy Pay is expanding its presence in the U.S. as it acquired its money services license in the state of Iowa
U.S. 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings
23.11.2023
The suggested regulation would apply to attorneys and litigants without legal representation appearing before the court, obliging them to confirm that filings produced through the help of AI were assessed for precision
Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance
23.11.2023
Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.”
US Prosecutors Move to Block Former Binance CEO CZ’s Return to UAE Until Sentencing
23.11.2023
Source: Youtube/Entrepreneur ME Prosecutors are pressing a federal judge to prevent former Binance CEO Changpeng Zhao from leaving the United States before his scheduled sentencing hearing on February 23, 2024. This move comes after the $4.3 billion settlement reached by Binance with the U.S....
US Lawmaker Urges Congress to Focus on Attracting Crypto Opportunities to Bolster National Security
23.11.2023
A U.S. lawmaker has called on Congress to focus its efforts on bringing more crypto activity and opportunities to the United States in order to “bolster U.S. national security.” Citing the Department of Justice’s action against crypto exchange Binance, the lawmaker stressed that Congress does...
Social Media Speculates if F2Pool is Censoring Transactions, Founder Responds
22.11.2023
0x10BC, a Bitcoin development blogger, has unveiled data potentially suggesting that F2Pool has censored a number of recent transactions. What 0x10BC’s data says 0x10BC, who runs a mining pool observation project with the aim of detecting potential unrecognized potential Bitcoin transactions...
No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen
22.11.2023
Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion
Coinbase cites SEC action against Kraken in push for crypto rulemaking
22.11.2023
The Nov. 22 letter claimed that "only mandamus will impel the [SEC] to fully, finally acknowledge that Coinbase's petition for rulemaking was pocket-vetoed long ago."
New Binance CEO Richard Teng pitches 'very strong' foundation to skeptics
22.11.2023
Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said
Binance, CZ settlement with US DOJ 'bullish for Bitcoin ETF,' crypto community says
22.11.2023
Many on Twitter compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, whose then-CEO was also forced to step down
FTC enhances investigative procedures to deal with AI-related lawbreaking
22.11.2023
The Federal Trade Commission (FTC) unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands (CIDs) in AI investigations while retaining its authority to determine when CIDs are issued
OpenAI to rehire Sam Altman as CEO with new initial board members
22.11.2023
OpenAI says it has reached an agreement in principle for Sam Altman to return as CEO, with a new board including Bret Taylor as chairman, Larry Summers, and Adam D'Angelo
Binance settles with U.S. government: Timeline of US enforcement actions
22.11.2023
U.S. government agencies have spent months, sometimes years, investigating Binance in the lead-up to unsealing an indictment against the exchange