Crypto law firm loses appeal to force SEC’s hand on Ether classification

Federal authorities in the state of New York have unsealed fraud charges against the principal of a purported cryptocurrency escrow company Volantis in the amount of over $7 million.According to an announcement by the Department of Justice (DoJ), the United States Attorney for the Southern District of New York and the Assistant Director-in-Charge of the…

Two new projects aim to bring NFTs to the masses by breaking them apart. 2216 Total views 17 Total shares Non-fungible tokens and crypto art have taken the industry by storm in 2021 and a number of projects aim to fractionalize pieces of NFTs to give collectors' partial ownership rights.Projects that break apart, or fractionalize,…

Terraform Labs (TFL), the firm behind the defunct algorithmic stablecoin TerraUST (USTC), and its co-founder Do Kwon is back in the limelight again for allegedly running a smear campaign and issuing threats against one of their own community members.It all started in the month of May with the genesis airdrop that was planned after the…

"No ad agency would have done this ad," claimed CEO Brian Armstrong. Except... an ad agency alleges it did pitch this concept to Coinbase. 771 Total views 5 Total shares The Coinbase ad, which aired during the Superbowl last week, appears to be causing quite a stir on social media in light of new information…

Cryptocurrency investors found little reprieve on June 22 as the price of Bitcoin (BTC) fell below $30,000 for the first time since January, sparking panic among less experienced market participants who have yet to experience a full market cycle. While Bitcoin has been under increasing pressure from multiple sources since early May, the most recent bout…

$258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly. 222 Total views 3 Total shares The Poly Network hacker has now returned $258 million to the cross-chain DeFi protocol and  conducted a question and…

Ether (ETH) perhaps had the most bullish outlook entering the July session, with a key technical update dubbed EIP-1559, promising to make its native token ETH scarcer through the network's first-ever burning mechanism.But so far into the month, the second-largest cryptocurrency by market cap has vastly tailed its top rival Bitcoin. The positive correlation was…

The malware targets popular crypto wallets frm the likes of MetaMask, Coinbase, and Binance, on macOS operating systems. 

Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year. 224 Total views 1 Total shares A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS), which said it needed that information to see if any of…