Early Ethereum adviser sues law firm for $100M over crypto extortion case defense
Law firm Covington & Burling have denied allegations by Steven Nerayoff, calling his lawsuit “meritless” and vowing to “vigorously” fight it.
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Germany’s central bank is working on a blockchain project, but it’s not a CBDC
Bundesbank seems to be coyly flirting with blockchain technology. 1956 Total views 22 Total shares According to a public notice published in the Supplement to the Official Journal of the European Union, Ocean Protocol, a Singaporean non-profit foundation, was hired to create a decentralized network for Germany's Bundesbank.The central bank said that the Ocean protocol,…

SEC charges Rivetz over $18M ICO, seeks the return of ‘ill-gotten gains’
The SEC alleged that some of the proceeds from the offering were used to give the founder a bonus of $1 million and a loan of $2.5 million which he used to purchase a house in the Cayman Islands. 84 Total views 15 Total shares The United States Securities and Exchange Commission (SEC) has charged…

Bitcoin tags $100K despite warning Fed rate cut pause 'here to stay'
Bitcoin decides that bad news is good news as a mixed US employment outlook sends BTC price action back to six figures.

16 ways crypto leaders can help bridge the gap between Web3 and TradFi
When it comes to traditional finance, crypto and blockchain leaders are faced with something of a disconnect. TradFi firms are in one sense competition, but unless TradFi comes to embrace Web3, Web3 can’t reach its full potential. Complicating efforts to reach out to TradFi are mutual feelings of uncertainty: Crypto and blockchain pioneers fear that…

Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report
Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flat lined under the regime. 127 Total views 25 Total shares The Taliban’s takeover of Afghanistan has had a “massive chilling effect” on the local cryptocurrency market, bringing it to an effective “standstill,” according…

Study: Chinese Blockchain Spending to Exceed $2B by 2023
China’s spending on blockchain technology will exceed $2 billion in 2023, official state-run publication Xinhua reported on Nov. 10. The report claims that blockchain development in China will see a compound annual growth rate of 65.7% from 2018 to 2023.China’s banking sector responsible for the bulk of blockchain spending in 2019Citing a study by American…

Warren probes Trump’s commerce chief pick Lutnick over Tether dealings
Senator Elizabeth Warren pressed Howard Lutnick, Donald Trump’s nominee to run the Department of Commerce, over his ties and interest in stablecoin issuer Tether.

The birth of ‘Ethereum Killers,’ can they take Ethereum’s throne?
Ethereum has proven to be a formidable force. While its major issues have spawned other coins aimed at addressing them, Ethereum looks to shed its old skin with the release of Ethereum 2.0.Despite the fact that Ethereum was created six years after Bitcoin (BTC) and the introduction of blockchain technology, the digital asset Ether (ETH)…