Base creator Jesse Pollak to join Coinbase exec team and lead wallet charge
Two industry observers believe Pollak’s involvement in Coinbase Wallet and Base may finally offer a solution to crypto’s long-standing UX issues that have hamstrung adoption.
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Chinese Supreme Court Favors Strengthening Cryptocurrency Property Rights
China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data. 919 Total views 4 Total shares The Chinese Supreme Court believes that cryptocurrency property rights should be strengthened.In a document published on July 22, China’s Supreme Court calls for strengthening the protection of property rights pertaining to…

US Senate Crypto Hearing Key Takeaways: Blockchain Is ‘Inevitable’
On July 30, the United States Committee on Banking, Housing and Urban Affairs hosted a hearing on cryptocurrencies in a regulatory context. Lawmakers are showing renewed interest in digital currencies against the backdrop of Facebook’s crypto odyssey: This week’s testimony followed two Libra-focused hearings, which were held in Congress earlier in the month.Indeed, while the…

OpenSea ‘insider trading’ trial kicked off in New York district court
The court case might have a decisive influence on the legal classification of NFTs. Own this piece of history Collect this article as an NFTOn Apr. 24 the Southern district court of New York held the first jury hearing on the case against former OpenSea product manager Nathaniel Chastain, who’s being accused of insider trading…

UN Claims Hong Kong Blockchain Firm Is North Korean Laundering Sham
The United Nations Security Council's Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. As South Korean newspaper Chosun Ilbo reported on Nov. 6, the committee conducted an investigation into the various strategies allegedly employed by the North to evade sanctions using cryptocurrencies…

McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.

The lasting agony of 3AC: Law Decoded, July 18-25
A crypto hedge fund co-founders acknowledge their mistakes, driven by bull market overconfidence. 185 Total views 18 Total shares The late spring and summer months of 2022 would be remembered not only for their extreme temperatures across the globe but also for a crushing streak of large crypto companies falling apart. Terra Lab in May,…

Bitcoin struggles to flip $38K to support, while UNI, IMX, VET and ALGO aim to push higher
Bitcoin (BTC) rose above $38,000 on Nov. 24, but the bulls could not build upon this strength. This suggests hesitation to buy at higher levels. Bitcoin is on track to form a Doji candlestick pattern on the weekly chart for the second consecutive week. This signals indecision among the bulls and the bears about the

Bank of America Files Patent for Multi-Tiered Digital Currency Wallet
United States-based investment banking company Bank of America (BofA) has filed a patent for a digital currency wallet with multiple layers of asset access. The proposed wallet would accept different passwords for different amounts of funds requested. The United States Patent and Trademark Office published BofA’s application on Aug. 15. Per the filing, this technology would…