Crypto could justifiably spend even more on lobbying
An uneasy feeling about the current volume of crypto political spending is understandable. If you believe in the mission, it’s the price of survival.
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FTX’s former external legal team disputes involvement in fraud allegations
In a recent court filing, a U.S. law firm that had previously offered services to FTX refutes allegations of assisting Sam Bankman-Fried in his alleged fraudulent activities. 81 Total views 1 Total shares A law firm that previously provided services to the now-defunct cryptocurrency exchange FTX has refuted a class-action lawsuit brought against them claiming

Terra injects 450M UST into Anchor reserve days before protocol depletion
The move is designed to maintain the stablecoin savings protocol's lucrative yield of approximately 20% per annum. 165 Total views 11 Total shares In a tweet published early Friday, Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST…

Biden’s new AI chip export restrictions spark industry backlash
Microchip giant Nvidia’s vice president of government affairs says the new framework will hurt America’s global competitiveness and undermine innovation.

Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery." Lawyers representing Gemini Trust have pushed back against a plan proposed by Digital Currency Group (DCG) for creditors of Genesis Global.In a Sept. 15 filing in the United States Bankruptcy Court for

Bitcoin Hasn’t Done This Since 2015 Before Its 10,000% Bull Run
The price of Bitcoin (BTC), the top-ranked cryptocurrency, currently sits around $9,000, after last week's impressive 20% rally in a single day. With the halving now less than 2 weeks away, it might seem like a no brainer to go long on Bitcoin to catch the next explosive move. However, there is one chart view that…

This proof of concept NFT can swipe unsuspecting users’ IP addresses
Both OpenSea and Metamask have logged cases of IP address leaks associated with transferring nonfungible tokens (NFTs), according to researchers at Convex Labs and OMNIA protocol.Nick Bax, head of research at NFT organization Convex Labs tested out how NFT marketplaces like OpenSea allow vendors or attackers to harvest IP addresses. He created a listing for…

ConsenSys Is Reportedly Shutting Down Offices in India and the Philippines
Consensys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices will be closing down.On Dec. 11, Coindesk reported that sources familiar with the matter confirmed that the local offices in India and the Philippines would indeed be shut down, however, they were not able to share any more details…

Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO
Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that failed in 2016. 782 Total views 32 Total shares Recent dialogue between MakerDAO developers and the office of anti-crypto Senator Elizabeth Warren’s has revealed a concerning lack of familiarity with the current decentralized finance (DeFi)…