Australian regulator claims win over Kraken’s Bit Trade in federal court
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
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Wen Dogecoin moon? On-chain data and trading volumes suggest soon
The cryptocurrency market has had a wild ride thus far in 2021 as multiple sub-sectors like decentralized finance (DeFi), NFTs, meme coins and layer-two solutions have seen their TVL and token values skyrocket to new highs. One of the biggest success stories of the year was been Dogecoin (DOGE), a simple 'joke' cryptocurrency that has morphed…

VeChain Launches Blockchain-enabled Sustainability Solution
Companies using the solution may even cut costs. 2304 Total views 18 Total shares VeChain launched its blockchain-enabled sustainability solution aimed towards companies looking to digitize their sustainable practices. Part of its blockchain-as-a-service platform ToolChain, VeChain promises the solution can streamline sustainable practices during the supply chain and manufacturing process and also showcase these practices to…

Changpeng Zhao gets 4 months, Sam Bankman-Fried gets 25 years — Why?
One former CEO went to trial and maintained his innocence, one admitted fault and turned himself in.

Worldcoin may face UK data regulators inquiry days after launch: Report
The project has faced criticism from within the fintech world over its dystopian features and privacy concerns. 192 Total views 1 Total shares The newly launched controversial crypto and ID project Worldcoin could face inquiries from data regulators in the United Kingdom as it raises concerns over privacy and critical biometric data safety, according to…

Bankruptcy court told FTX and Alameda owe BlockFi $1B… but it’s complicated
While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF. 987 Total views 8 Total shares A lawyer for BlockFi told the first day hearing of its bankruptcy proceedings that the crypto lender has $355 million stuck on FTX and…

BREAKING: Facebook rebrands to Meta as focus expands beyond social media
The name change reflects Facebook's growing ambitions beyond online social media, a medium it helped build over the past two decades. 1751 Total views 17 Total shares Facebook Inc. announced Thursday that it has changed its company name to Meta — marking the first major rebrand for the social media giant. The name change, which reflects…

The UK has a new name for stablecoins and a new bill to regulate crypto
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom. 977 Total views 7 Total shares The United Kingdom moved forward on the Financial Services and Markets Bill on Oct. 25, hardening its vision for Bitcoin (BTC) cryptocurrency and “digital settlement assets” in the country.The Bill,…

Blockchain-Based Digital ID Systems Are Increasingly Finding Real-World Use
According to the latest estimates, we generate around 2.5 quintillion bytes of data every day. That's 2.5 followed by 17 zeros — or rather 2.5 trillion million — a number that's impossible to visualize intuitively, but nonetheless has massive implications for our privacy online, our security and our ability to keep our digital identities within our…