Bankrupt Cryptopia exchange distributes $225M to hack victims

Bittrex International, Malta-based international unit of United States’ crypto exchange Bittrex, will cease operations in Venezuela and 30 other countries.No clear reason for the actionIn an email to Venezuelan customers, Bittrex International announced that the exchange will halt account and trading access to users on Oct. 29, asking them to withdraw their funds with the…

Shareholders in German fintech Wirecard are taking legal action against Big Four auditor EY in the fallout from the scandal now engulfing the company. 1257 Total views 33 Total shares Shareholders in German fintech Wirecard are taking legal action against Big Four auditor EY in the fallout from the scandal now engulfing the company.Earlier this…

Seattle’s medical marijuana vendors accept crypto, residents don’t file income tax returns here, and the Governor signed a blockchain bill.

Catch up on nonfungible token (NFT)-related news this week as Cointelegraph rounds up the stories you don't want to miss. Bored Apes gets cast in an TV seriesThe Red Ape Family (TRAF) is a new animated comedy series centered on Bored Ape Yacht Club (BAYC) NFTs. Episodes are sold as individual NFTs and run between 5…

The crypto advocacy group is going on a charm offensive and meeting with top representatives of the Biden administration. 3252 Total views 15 Total shares U.S.-based crypto advocacy group, the Blockchain Association, is lobbying key figures in the Biden administration to advocate for more favorable regulations.The Association’s executive director, Kristin Smith, told Fox Business the…

The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit. 

Digital currency wallet and exchange Abra has launched native Ethereum (ETH) support, according to an official blog post published on March 12.Users will now be able to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use the altcoin as an on-ramp to invest in other Abra-listed crypto and fiat…

Lawmakers in the New Hampshire state legislature have killed a bill that would have allowed state agencies to accept cryptocurrencies as payment for taxes. On Jan. 8, the New Hampshire House of Representatives announced a decision to retract the bill, following a motion from the General Court’s Executive Departments and Administration Committee to deem the initiative…