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China to expand CBDC use case for Belt and Road Initiative
24.4.2023
China was one of the first nations to start working on its CBDCs. However, despite the completion of its development, the government is yet to officially launch the CBDC
LUNA token is not a security, rules S.Korean court in Terra co-founder case
24.4.2023
The court in its ruling noted that It is difficult to see Luna coin as a financial investment product regulated by the Capital Markets Act
Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case
22.4.2023
Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using...
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
19.4.2023
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency...
Prosecutors Seek Seven-Year Prison Sentence for Reggie Fowler in Crypto Shadow Bank Case
19.4.2023
The former footballer pleaded guilty to bank and wire fraud charges over operating Crypto Capital Corp., the shadow bank that lost Bitfinex's millions
Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin
19.4.2023
The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said
US Attorney seeks 7-year sentence for exec in crypto shadow banking case
19.4.2023
U.S. prosecutors are wanting Reginald Fowler to face at least seven years in jail if convicted on April 20
SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit
18.4.2023
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto...
NBA Hall of Famer Shaq Served in FTX Investor Suit
18.4.2023
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX....
SEC Identifies Algorand and Five Other Tokens as Securities in Bittrex Case – Here's the Latest
18.4.2023
The Securities and Exchange Commission (SEC) has charged crypto asset trading platform Bittrex, Inc., its co-founder and former CEO William Shihara, and its foreign affiliate Bittrex Global GmbH for operating an unregistered national securities exchange, broker, and clearing agency.
According...
Nintendo 'Hacker' Will Be Punished For The Rest Of His Life
18.4.2023
In February 2022 Gary Bowser, a member of the hacking operation Team Xecuter—a long-time target of Nintendo’s lawyers—was sentenced to 40 months in prison for his part in helping run a business that reportedly earned him over $300,000.Read more
Thank Elon for Making the Use Case for Twitter Competitor Nostr
17.4.2023
The global phenomenon of crypto depends on communication platforms where crypto bros or bitcoin maxis can find each other, debate and share news. In the aftermath of the privatization of Twitter, censorship-resistant social media became essential. That’s why Nostr is one of CoinDesk’s 2023 Projects...
Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case
14.4.2023
Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also...
Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat
13.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue...
Korean ‘Crypto Murder’ Case: Couple Paid ‘Killer’ – Here’s What We Know
13.4.2023
A couple at center of a crypto murder-kidnap case that has rocked South Korea have reportedly confirmed that they gave money to the suspected killer of a 48-year-old woman.
Police have thus far arrested and charged seven people after the woman’s body was found late last month abandoned near a...
SEC argues recent court case weakens Ripple Labs’ ‘fair notice’ defense
13.4.2023
The SEC filed a letter to further support its motion for summary judgment against Ripple Labs, citing a separate court case it had recently won
Blockchain Association files brief in Tornado Cash case
12.4.2023
The advocacy group was joined by the DeFi Education Fund in arguing that the crypto mixer has important social functions and OFAC could set a dangerous precedent
Resident Evil 4 Remake’s Attache Charms Are Surprisingly Fashionable
12.4.2023
Look out at a sea of purses, totes, and backpacks and you’ll notice a few endearing, dangly bag charms—typically superfluous, purely aesthetic accessories that the Resident Evil 4 remake manages to make crucial. The survival horror adds useful charms to its now more customizable version of...
Today in Crypto: Ex-investment Banker Charged in a Crypto Fraud Case, Binance.US to Delist Tron, Spain to Send 328,000 Tax Warning Notices to Crypto Holders
12.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ex-investment Banker Charged in a Crypto Fraud Case, Binance.US to Delist Tron, Spain to Send 328,000...
Ren Protocol transfers all assets to FTX debtors’ wallet in case of shutdown
12.4.2023
Ren Protocol was acquired by Alameda Research in February 2022 to expedite the decentralization of its tech