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Mystery South Korean Company that ‘Worked on Terra Network’ Faces Media Scrutiny
31.5.2022
South Korean media outlets say they have unearthed evidence that a blockchain firm based in Seoul has a close relationship with Terraform Labs – and may have been developing for the Terra network under the radar. But the plot may already have thickened – with allegations that the National...
Survey: Most Salvadorans Still Not Convinced About Bitcoin as Legal Tender
30.5.2022
A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El Salvador, has found that more than half of the Salvadorans surveyed still prefer the dollar over bitcoin as legal tender. Bitcoin, which has been pushed by Salvadoran...
No, the UK Is Not Going to Make USDC and USDT Legal Tender
27.5.2022
Recent news that the government would legalize stablecoins is a qualified welcome for a GBP-pegged token from a trusted UK issuer
Binance Registers Legal Entity in Italy Amid European Move
27.5.2022
Cryptocurrency exchange Binance has registered with the financial regulator in Italy
MetaMask Aims to Help Crypto Scam & Phishing Victims Take Legal Action Against Fraudsters
27.5.2022
The browser-based crypto wallet provider MetaMask has announced that it will attempt to aid users who fall prey to crypto-related scams and phishing attacks in their quests to recoup lost or stolen assets....
Read More: MetaMask Aims to Help Crypto Scam & Phishing Victims Take Legal Action...
DeFi’s PoolTogether Crowdfunds Legal Defense With NFT Collection
26.5.2022
The DeFi company is using an NFT collection to crowdfund legal defense against a lawsuit brought by a former Elizabeth Warren staffer
World Bank won’t support Central African Republic’s Sango crypto hub
26.5.2022
The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin
ECB on Crypto, African Bitcoin Hub, Coinbase in Fortune 500, Binance in Dubai + More News
24.5.2022
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: ECB on Crypto, African Bitcoin Hub, Coinbase in Fortune 500, Binance in Dubai + More News
Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent
24.5.2022
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced...
Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now
23.5.2022
The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize...
Draft Law About NFTs Submitted to Russian Parliament
21.5.2022
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose...
Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21
21.5.2022
BitMEX Co-founder Arthur Hayes Spared from Prison
21.5.2022
In the US, BitMEX co-founder and former CEO Arthur Hayes was sentenced to two years’ probation and will spend the first six months of his sentence in home confinement.
As reported, Hayes and two other BitMEX co-founders Benjamin Delo and Samuel Reed, pled guilty to violating the Bank Secrecy...
Stocks Hurt US Households More Than Crypto, Commonwealth Bank Pauses Crypto Plans, Bitcoin PizzaDAO + More News
20.5.2022
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: Stocks Hurt US Households More Than Crypto, Commonwealth Bank Pauses Crypto Plans, Bitcoin PizzaDAO + More News
Dubai Couple Ties the Knot in the Metaverse
20.5.2022
A Dubai based couple has decided to be wed in the metaverse after legal problems stemming from their nationalities initially forced them to tie the knot in Georgia in 2019. After the wedding, the couple said they will use their own experience to help others get married in the metaverse as well....
South Korean Government, Prosecution Turn up the Heat on Do Kwon and Terraform
20.5.2022
South Korean lawmakers and financial regulators are taking aim at Do Kwon (full name Kwon Do-hyeong) and his firm Terraform Labs.
Following the news that three or more separate civil legal cases – each potentially involving hundred of South Korean terra (LUNA) investors – have already been...
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...