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Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
20.5.2022
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government...
Terra Honeypot Scam, Blocked Bored Ape NFT Sale, FTX Offers Stocks + More News
19.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Terra Honeypot Scam, Blocked Bored Ape NFT Sale, FTX Offers Stocks + More News
Binance.US Hires Ex-Uber Compliance Lead Krishna Juvvadi as Head of Legal
19.5.2022
Binance.US has hired Krishna Juvvadi, former global head of operations compliance at Uber, as its new head of legal
Legal Storm Brewing for Terra's Do Kwon & Co as ‘Hundreds’ of Investors Ready Complaints
18.5.2022
Another headache appears to be incoming for Do Kwon (full name Kwon Do-hyeong) and his company Terraform Labs – with investors in South Korea ready to wage a legal battle against the CEO.
Munhwa Ilbo reported that as many as three separate legal cases are now being mounted – each involving...
G7 to Discuss Crypto, Aave's Lens Protocol Goes Live, Terra's Team Shrinks + More News
18.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: G7 to Discuss Crypto, Aave's Lens Protocol Goes Live, Terra's Team Shrinks + More News
3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout
18.5.2022
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow...
Crypto users react to Terraform Labs legal team purportedly leaving company
17.5.2022
Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal team could have been over concerns about money
Terraform's Legal Team Quits Amid Terra Stablecoin Fallout
17.5.2022
Marc Goldich, Lawrence Florio and Noah Axler left the Terra ecosystem backer in May according to their LinkedIns
Report: Central African Banking Regulator Says Crypto Ban Still Effective
15.5.2022
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set...
UK Court recognizes NFTs as ‘private property’ — What now?
15.5.2022
Not all the experts are rushing to call the development “groundbreaking,” but it will certainly help the industry combat fraud
Coinbase Sued Over Collapsed Stablecoin, but It's Not UST (Yet)
13.5.2022
At a time when the third-largest stablecoin, terraUSD (UST) collapsed, a group of Coinbase’s clients are suing the crypto exchange over its alleged role in the promotion and trading of GYEN, another stablecoin the plaintiffs claim brought them millions of dollars in losses....
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It's Getting Personal - 'Broke' LUNA Investor Comes to Do Kwon’s House, Plans to Surrender to Police
13.5.2022
A furious terra (LUNA) investor appears to have come knocking at the door of the Terra mastermind Do Kwon (also known as Kwon Do-hyeong) looking for answers after the token spectacularly collapsed. South Korean police are hunting for an unidentified person who reportedly broke into the apartment...
Most Wanted 'Cryptoqueen', Galaxy's Buyback, Delayed CBDC + More News
12.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Most Wanted 'Cryptoqueen', Galaxy's Buyback, Delayed CBDC + More News
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
12.5.2022
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects...
South Korean Court Gains Support from Exchanges in Bid to Include Crypto in Bankruptcy Cases
12.5.2022
South Korea’s judiciary is set to include crypto holdings in lists of debtors’ assets in bankruptcy cases – and the nation’s leading crypto exchanges have agreed to cooperate with courts on the matter....
Read More: South Korean Court Gains Support from Exchanges in Bid to Include Crypto...
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath
10.5.2022
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether....
Instagram Starts Testing NFTs, Roubini's Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down + More News
9.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Instagram Starts Testing NFTs, Roubini's Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down...
Binance takes legal action against fake billboard ads in Turkey
9.5.2022
Trying to cash in on Binance’s popularity in the country, scammers in Turkey have been found to rent numerous billboards to advertise fake Binance-themed opportunities
Robinhood Lists Grayscale’s Bitcoin and Ethereum Trusts
8.5.2022
On May 6, the financial services company Robinhood announced the firm has listed Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now gain access the crypto investment products in order to get exposure to bitcoin or ethereum without actually owning...
Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks
6.5.2022
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...