Coinbase files motion to compel in ongoing fight to get Gensler’s emails
Coinbase has now filed a motion to compel, including among others, a narrowed request for Gary Gensler’s private communications during his time as Chair.
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Alchemy joins Web3 decacorns club following $200M funding
The Web3 development platform's valuation saw a massive jump of $6.7 billion in just three months since Oct. 2021. 455 Total views 33 Total shares Web3 development platform Alchemy announced a fresh round of $200 million funding, bringing up the company’s valuation to $10.2 billion, just above the decacorn threshold.The latest funding round was led…

FC Bayern Munich Announces Digital Token to Boost Fan Engagement
Germany’s FC Bayern Munich has become the latest football club to announce blockchain-based merchandise for fans. As reported Oct. 11, the club will partner with Stryking Entertainment to produce digital collectibles of its players.Play FC Bayern Munich past vs. presentThe collectibles will take the form of digital player cards with the likenesses of FC Bayern…

Lawsuit: Investors Can’t Prove Ripple Knew XRP Had ‘No Utility’
Lawyers for Brad Garlinghouse haven’t argued the Ripple CEO’s statements in extolling XRP were true, simply that they can’t be proven false. 1016 Total views 11 Total shares The federal case against Ripple Labs has taken an unexpected turn, as the legal team representing the firm and CEO Brad Garlinghouse have argued any statements they…

UK government moves forward on bill aimed at empowering authorities to seize crypto
Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law. Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation aimed at expanding authorities’ ability to target cryptocurrencies used for…

British Telecoms Giant Latest Member to Bail on Libra Association
Adding to a lengthy list of departures last fall, telecom giant Vodafone has departed the Libra association, a spokesperson from Vodafone confirmed to Cointelegraph in an email on Jan. 21, 2020. The representative said:“Vodafone Group has decided to withdraw from the Libra Association. We have said from the outset that Vodafone’s desire is to make a…

Pro sports leagues are no longer resisting NFTs: Dapper Labs
Dapper Labs’ head of partnerships said pro sports leagues have opened to their arms to NFTs amid the sector's booming growth this year. 130 Total views 9 Total shares Dapper Labs, the firm behind NBA Top Shot, said that pro sports leagues are no longer resistant to exploring nonfungible tokens (NFTs) now that the sector…

Bitcoin price eyes $60K reclaim as gold hits fresh all-time high
Bitcoin joins gold in rising as markets see a bigger chance of a 0.5% interest rate cut.

Cryptocurrencies Like Bitcoin are Not Real Money: German Parliament
Cryptocurrencies such as Bitcoin (BTC) are not real money, according to a statement published by the German federal parliament on Oct. 28.Not a payment vehicle, not a store of valuePer the announcement, the assets offered by the current cryptocurrency landscape — such as Bitcoin — provide only a very limited portion of the features expected…