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Are decentralized digital identities the future or just a niche use case?
28.9.2022
Are decentralized digital identities the future or are they a niche use case for blockchain technology doomed to solely be used by crypto natives?
India's Enforcement Directorate Freezes $1.5M in Bitcoin in Gaming App E-nuggets Case
28.9.2022
The ED alleges the accused was transferring part of the money overseas by using "cryptocurrency exchange," the ED said. One dummy account was opened in Indian exchange WazirX from where crypto purchased was transferred to an account in Binance. A balance of as many as 77.6 Bitcoins worth Rs...
Washington State Joins Celsius Bankruptcy Case as Interested Party
23.9.2022
The state’s move continues a trend of state-level regulators moving faster than the feds on regulating crypto
CTFC slammed for 'blatant regulation by enforcement' over Ooki DAO case
23.9.2022
The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics
First Mover Asia: Bitcoin Flutters Around $19K; SEC Case Against Crypto Promoter Ian Balina Faces One Big Problem
21.9.2022
Balina is charged with conducting an unregistered securities offering in 2018 for his SPRK ICO token, but proving that the Ethereum network should be subject to U.S. securities law will be difficult; cryptos largely decline
CFTC commissioner visits Ripple offices as decision in SEC case looms
19.9.2022
The outcome of the SEC v. Ripple lawsuit could influence whether the CFTC or SEC will play a greater role in handling the XRP token as a commodity or security
Ripple, SEC Seek Summary Judgement to End Case Soon and Why That’s Likely Bullish for XRP
19.9.2022
In another installment of the long-term legal battle pitting U.S. blockchain company Ripple against the U.S. Securities and Exchange Commission (SEC), both entities have asked for a swift judgment in the agency’s case against the company. ...
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Ripple, SEC case heads for conclusion after 'summary judgment' filed
19.9.2022
Ripple argued that XRP profits came from “market forces of supply and demand” rather than any contract between Ripple and XRP token holders
ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro
18.9.2022
The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital euro. Amazon has been chosen to focus on e-commerce payments. ECB Collaborates With 5 Companies...
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins
17.9.2022
According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review...
Judge Approves Independent Examiner in Crypto Lender Celsius' Bankruptcy Case
14.9.2022
The examiner will be appointed by the U.S. Trustee's office, a Department of Justice entity tasked with monitoring bankruptcies
CDC gives nod to Lummis-Gillibrand bill in proposed amicus brief in SEC v. Ripple case
14.9.2022
The Chamber of Digital Commerce has requested to file an amicus brief in the protracted SEC case against Ripple Labs and supports legislating to clear up legal gray area
Former Coinbase Manager’s Brother Pleads Guilty in Cryptocurrency Insider Trading Case
14.9.2022
The brother of a former Coinbase product manager has pleaded guilty in a cryptocurrency insider trading case. According to the U.S. Department of Justice (DOJ), he is facing up to 20 years in federal prison. DOJ’s First Crypto Insider Trading Case The U.S. Department of Justice (DOJ)...
FTC Moves to Join Crypto Lender Celsius’ Bankruptcy Case
13.9.2022
The Federal Trade Commission wants to get involved with failed crypto lender Celsius’ bankruptcy case
Case study: muscling The Riftbreaker's DLC to success
12.9.2022
Some great learnings for a popular DLC to an already-popular game
Central Bank of China Calls for Increasing Use of Digital Yuan
12.9.2022
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers....
Europol Sees Tools to Tackle Crime in Cryptocurrency and Blockchain Technologies
9.9.2022
Abuse expands with use in the case of cryptocurrency, Europol has acknowledged while also noting that blockchain technologies offer authorities a new opportunity to fight crime. Europe’s law enforcement agency also says they can help investigate money laundering networks. Understanding...
Report: Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset
8.9.2022
A judge in the collapsed online bitcoin trading platform Mirror Trading International’s liquidation case has issued a provisional liquidation order that outlines the criteria to be used when reimbursing investors. The order also reportedly directs the liquidators to regard bitcoin “as...
Blockchain and crypto find use case in community powered weather forecasting
7.9.2022
WeatherXM has deployed over 700 decentralized weather stations around the world to harvest local data, which provides station owners with utility tokens in return
Argentinian Tax Authority Wins Landmark Case to Confiscate Funds From a Digital Account
4.9.2022
The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might bring about more seizures of this kind and include cryptocurrencies as part of a stricter policy of...