CZ and Binance face new lawsuit for alleged laundering of stolen crypto
One legal expert says if the class action lawsuit progresses, it could put the “efficacy of blockchain analytics itself” on trial.
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Bank of Russia issues consultation paper on digital ruble
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.” 4514 Total views 40 Total shares Russian financial authorities have confirmed the government’s purported plans to issue the central bank digital currency, or CBDC.On Oct. 13, the Bank of Russia released a consultation paper on the…
Voyager to pay $1.1M in legal fees incurred in April
Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services. Bankrupt crypto brokerage Voyager Digital is obligated to pay $1.1 million to its legal adviser, Kirkland & Ellis, for fees and expenses associated with its involvement in the company’s bankruptcy proceedings in April.According to the available documents,…
Ethereum ETF to debut on the Toronto Stock Exchange
First conceived by Vitalik Buterin in Ontario, Ethereum is now available to Canadians in the form of an ETF. 447 Total views 10 Total shares Next week, Canadian digital asset investment manager 3iQ will be launching an IPO for the world’s first Ethereum ETF, The Ether Fund, on the Toronto Stock Exchange (TSX) under the…
Report: Coinbase VP of Engineering Tim Wagner Steps Down
Tim Wagner, the vice president of engineering at major cryptocurrency platform Coinbase, is reportedly leaving the company.Wagner will purportedly leave Coinbase within the next two weeks, according to a report by CoinDesk on July 30. An unnamed spokesperson for the company is said to have confirmed Wagner’s departure with the news outlet.At press time, Tim…
Behind Ripple’s Regulation Call: ‘Do Not Paint Us With a Broad Brush’
Ripple, whose business is built on providing financial institutions with an infrastructure to facilitate international payments and currency trades, has always been a more likely ally to governments and regulators than most other major blockchain projects and cryptocurrencies. Seeking to enhance rather than disrupt the operations of the legacy financial industry, the company has been…
Binance Halts Trading to Resolve Technical Problem
Major cryptocurrency exchange Binance halted trading on its platform to resolve an unexpected technical issue with its infrastructure.An announcement published by Binance on Feb. 19 notes that, due to unscheduled system maintenance, the exchange suspended most of its activities. More precisely, as of press time, it is not possible to perform “deposits, withdrawals, spot trading,…
Bitcoiners should be wary of final dip 'before another leg up' — Analyst
Analysts warn that Bitcoin price might not be going "to the moon" all in one go.
Crypto Exchange Tokenomica Now Offers OTC Crypto-to-Euro Trading
Tokenomica, a crypto asset exchange based in Malta, has announced over-the-counter, or OTC, cryptocurrency trading for large participants.The Meditarranean-based exchange now offers participants the ability to trade large amounts of BTC for Euros, separate from the exchange’s order books, Tokenomica announced on its blog on Feb. 18. The exchange’s announcement made clear that other cryptocurrencies would…