April 2023 | Page 53 of 205 | Last Cryptocurrency News Feed

SBF’s lawyers unable to tap his parent’s phones to meet bail conditions

The new cell phones purchased for Bankman-Fried's parents cannot "automatically photograph the device's users every five minutes as required by the Order," according to a recent court filing. Own this piece of history Collect this article as an NFTSam Bankman-Fried’s legal team have requested a third extension on the enforcement of his revised bail conditions,…

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Texas House of Representatives Passes Bill Requiring Proof of Reserves for Crypto Exchanges

On April 21, the Texas House of Representatives approved a bill requiring cryptocurrency exchanges to maintain sufficient reserves to fulfill their clients’ payment obligations. According to the announcement by the Texas House of Representatives, the “HB 166” bill filed by State Rep. Giovanni Capriglione was passed by a majority of 150 members, aiming to “rebuild…

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Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22

Top Stories This Week Elon Musk threatens Microsoft with lawsuit, claims AI trained on Twitter data Microsoft has been threatened with a lawsuit from Twitter CEO Elon Musk, who claimed the Big Tech firm “illegally” trained its artificial intelligence on Twitter data. The entrepreneur suggested that Microsoft mined user tweets to train its AI-powered applications.…

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Canada’s Largest Pension Fund to Stay Away From Crypto After Writing off FTX Investment

Ontario Teachers’ Pension Plan (OTPP) – Canada’s largest single-profession pension plan – decided not to rush into another cryptocurrency investment following its bad experience with FTX. The organization was among the prominent backers of the now-bankrupt exchange, investing $95 million. The dramatic crash, though, shrank that sum to virtually zero. Change of Heart After the…

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Trust Wallet to reimburse users after $170,000 security incident

The vulnerability impacted wallet addresses created through the browser extension between November 14-23, resulting in nearly $170,000 in losses. 473 Total views 14 Total shares Own this piece of history Collect this article as an NFTCrypto wallet Trust Wallet disclosed a security vulnerability that resulted in nearly 170,000 losses for some users. The vulnerability has…

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Scottish Woman to Sell Her House After Losing Almost $200K in Crypto Scam

A resident of Scotland’s county Lanarkshire was left with a £150,000 debt (almost $190,000) after falling victim to a cryptocurrency fraud. She is now forced to sell her home to avoid additional financial issues. The woman sought support from Advice Direct Scotland and the local police, but the entities could not help her retrieve the…

CoinDesk Feed

Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Copyright

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.A U.S. court in California has handed Yuga Labs, the company behind the popular Bored Ape Yacht Club (BAYC) NFT collection, a legal victory in…

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OpenSea Pro Retaliates Blur’s Dominance in NFT Market: Data

Blur appears to have lost its title as the world’s most popular NFT marketplace. OpenSea Pro was rebranded and unveiled to court active traders from Blur. The latter was eating away at OpenSea’s market share since its launch last October. The counteroffensive proved somewhat successful as data suggest that the new “polished” NFT aggregator has…

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Here Are Six New Projects Looking to Mitigate Bitcoin Mining’s Energy Footprint

The environmental impact of bitcoin mining was trending again in the last few weeks due to a Texas bill looking to limit its grid participation and a New York Times article that condemned the industry.Bitcoin mining consumes about 145 terawatt hours (TWh) of electricity per year, says data from Cambridge University’s Centre for Alternative Finance,…

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Gemini to launch derivatives platform outside the United States

United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country. Dubbed Gemini Foundation, the offshore division will offer services to users based in Singapore, Hong Kong, India, Argentina, Bahamas, Bermuda, British…