ISDA releases standard definitions for digital asset derivatives
The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets.The International Swaps and Derivatives Association (ISDA) is working on two papers to ...
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Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse
Bitcoin price has been on a tear, but analysts warn that resolving the U.S debt limit issue could trigger sharp downside for risk assets like BTC.For much of 2022, the crypto market focused on the U.S. Federal Reserve's ...
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Sens. Warren, Wyden question quality of auditors’ oversight in light of FTX debacle
The senators co-authored a letter to the Public Company Accounting Oversight Board chair asking how FTX and other crypto firms were audited and why the audits failed so badly.Two United States senators have taken their qu...
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Polkadot restates its case that DOT has ‘morphed’ away from security status
The Web3 Foundation has reminded the world that, in its eyes, it has conformed to SEC requirements and DOT should no longer be considered a security.The Web3 Foundation, which supports the Polkadot protocol, has again pr...
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88x Finance partners with Axelar Network for cross-chain yield aggregator
The startup is one of the projects participating in the Axelar Ecosystem Startup Funding Program.The crypto bear market may be lasting longer than expected, but some Web3 startups see it as the perfect opportunity to buil...
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Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.Stablecoins in the cryptocurrency market help provide...
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Porsche NFT trading volume nears $5M despite launch woes, minting halt
Developers of the nonfungible tokens had halted minting on Jan. 25 in response to user complaints.German luxury car manufacturer Porsche's nonfungible token (NFT) collection ...
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Opinion: Barry Silbert keeps quiet as Genesis goes down in flames
Genesis CEO Barry Silbert should have come clean after FTX imploded. Instead, he’s still deflecting responsibility for his company’s bankruptcy.Just two months after the collapse of FTX, Genesis is following suit....
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Crypto-friendly Stripe weighs public offering: Report
In 2021, Stripe raised $600 million from a group of investors at a valuation of $95 billion, making it one of Silicon Valley's most valuable startups.Internet payment processor Stripe is reportedly eyeing a public offerin...
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FTX legal team calls for Sam Bankman-Fried’s family to answer questions under oath: Report
Joseph Bankman, Barbara Fried and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX.Lawyers representing FTX in bankruptcy court have re...
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Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack
Following a failed short attack, DeFi exploiter Avraham Eisenberg was liquidated from Aave at a loss of $10 million.According to a new ...
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US Justice Department seizes website of prolific ransomware gang Hive
The group is known to have targeted critical infrastructure, healthcare providers and more over the past two years....
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Bitcoin can still crack $50K if gold correlation continues — Chart
BTC price performance may encounter a new magnet above the $50,000 mark if gold continues to be a trendsetter.Bitcoin (BTC) could get sucked toward $50,000 like a magn...
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The legal dangers of getting involved with DAOs
Buying DAO tokens? That’s no longer risk-free: Courts might consider you a partner in the business and judge you liable for millions in hacked funds. Another legal trap may be found simply working for a DAO — and implementing community decisions that turn out to be illegal in some f...
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Bitcoin dialogue at WEF requires ‘open-mind’ — Davos 2023
“It’s about taking inspiration from what we’ve done.” Lugano’s Plan B hopes to drive Bitcoin adoption dialogue at future World Economic Forum conferences.The World Economic Forum (WEF) convenes in Davos annuall...
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Inside the World Economic Forum: Circle, Ripple reflect on Davos 2023
A handful of cryptocurrency industry players who took part in workshops at the World Economic Forum Annual Meeting paint a picture of increased collaboration within the space in 2023.Key figures from the wider cryptocurr...
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Tether moves to combat child abuse content marketplaces
Tether is set to collaborate with anti-child-abuse network INHOPE to help the industry combat child abuse material marketplaces.Tether aims to increase visibility and mitigate controls of cryptocurrency payments used in ...
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ChatGPT learns Bitcoin will end central banking and fiat currency
A Bitcoin mentor convinced ChatGPT, the AI chatbot, that Bitcoin would bring about the demise of fiat currency.ChatGPT is a powerful new artificial intelligence (AI) tool, capable of problem-solving, advanced coding, an...
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Former Polygon VP of growth shares the secrets behind major partnerships
Polygon’s former vice president of growth, Arjun Kalsy, believes that integrating zero-knowledge roll-up technology will boost the network’s adoption.Ethereum scaling solution Polygon has witnessed a lot of adoption ...
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How PR needs to change in 2023
PR “as usual” will move away from the norms we’ve grown used to, especially when it comes to utilizing Twitter for communicating with media.The past few years have been challenging for PR professionals. First came ...
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How to mine Bitcoin at home
To start mining Bitcoin at home, one needs to obtain a Bitcoin wallet and a mining rig, install the Bitcoin mining software, and join a mining pool.Bitcoin mining (BTC...
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SBF allegedly used FTX money to invest $400M in obscure VC firm
U.S. prosecutors alleged that SBF’s Modulo investment was likely made using misappropriated money from FTX deposits by customers.Authorities in the United States might have discovered yet another possible component of S...
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Algorithmic stablecoin market share dropped by 10x from ATH: Report
The stablecoin market, in general, is going through hard times, though the algorithmic coins suffered the most.The notorious failure of the Terra USD (UST) stablecoin affected the crypto market, but the algorithmic stabl...
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NFT collector sues OpenSea for locking account after being scammed
The lawyer leading the legal team highlighted that this is not an isolated case and alleged that OpenSea ignores issues in some instances.A ...
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Bitcoin hash rate taps new milestone with miner hodling at 1-year low
Data shows that Bitcoin miners’ BTC reserves are at their lowest since December 2021, despite a dramatic hash rate renaissance.Bitcoin (BTC) is seeing new records in...
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Breaking: Coinbase fined $3.6M in the Netherlands
United States-based crypto exchange Coinbase is fined 3.3 million euros ($3.6 million) by the Dutch central bank for the lack of registration.De Nederlandsche Bank (DNB), the Dutch central Bank, fined cryptocurre...
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Mango Markets sues Avraham Eisenberg for $47M in damages plus interest
The lawsuit marks the fourth time the Mango Markets exploiter has been hit by charges or lawsuits relating to his attack on the DeFi protocol.Mango Labs, the company behind the decentralized finance (DeFi) protocol Mango ...
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'Blockchain Bandit' reawakens: $90M in stolen crypto seen shifting
The hacker accumulated as much as $90 million worth of crypto from wallets with weak private keys during a six-year thieving spree.A hacker dubbed the “Blockchain Bandit” has finally woken from a six-year slumber and ...
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Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren
Senator Elizabeth Warren claims the Trump Administration “gave a green light” to a cryptocurrency market full of junk tokens, rug pulls and Ponzi schemes.United States senator and crypto skeptic Elizabeth Warren wants...
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FTX lawyers: Examiner could cost $100M and ‘provide no benefit’
FTX lawyers, joint provisional liquidators of FTX US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner.An investigation into FTX’s collapse by an examiner could cos...
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