Elizabeth Warren beats pro-XRP lawyer John Deaton for Massachusetts Senate seat
Warren has amassed nearly 75% of the votes for the Massachusetts seat, setting her up for a third term in the United States Senate.
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Binance CEO denies allegations that the exchange’s US arm is a regulatory decoy
Changpeng Zhao, CEO of Binance, is pushing back hard against allegations that the crypto exchange set up its U.S. arm to circumvent regulations and surreptitiously profit from investors.According to an Oct. 29 article from Forbes contributor Michael Del Castillo, the news outlet claims to have obtained a leaked presentation outlining Binance’s plans for operating in…
A Blockchain company in Seoul may be ground zero for a fresh resurgence of COVID-19
A major South Korean tech hub is under scrutiny by local health authorities. According to Asia Kyungjae, at least 44 employees of an unnamed South Korean Blockchain company recently tested positive for COVID-19. The employees have since been quarantined.The report states that the company is based in the southern Gwanak District of Seoul; a well-known…
Cryptocurrency Markets Mainly See Red, Bitcoin Hovers Below $6,600
Saturday, September 29: crypto markets are mainly seeing red today, with only five out of the 20 top cryptocurrencies by market cap seeing some growth by press time, according to CoinMarketCap. The daily trade volume has dropped below $16 billion, currently amounting to $15.6 billion.Market visualization from Coin360Bitcoin (BTC) has failed to hold $6,700 support,…
Blockchain Data Developer Spring Labs’ Research Program Gains 16 Startup Members
United States-based blockchain startup Spring Labs announced sixteen fintech companies had joined its partner program prior to the release of its Spring Protocol in a press release Jan. 17.Spring Labs, which last year raised $15 million in funding, aims to release anti-fraud technology in the form of private P2P data sharing technology, powered by blockchain.At…
Mt. Gox Trustee Extends Deadline for Rehabilitation Plan Submission
The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for submission of rehabilitation plans, according to an official announcement published on the company’s website on April 25.Per the announcement, the exchange’s Rehabilitation Trustee Nobuaki Kobayashi filed a motion in a bid to extend the submission deadline of a rehabilitation plan at…
Silk Road Vendor Seeks Release From Jail Fearing COVID-19 Outbreak
United States Federal District Judge Jed Rakoff is considering temporarily releasing a 61-year-old toy retailer-turned-Silk Road vendor amid concerns of a purportedly imminent COVID-19 outbreak in a federal jail.According to Law360 on April 8, the prisoner, Hugh Haney, is serving a three-and-a-half-year money-laundering sentence for failing to explain where he obtained $19 million in Bitcoins…
Transak hit by data breach, 92K users exposed
Transak disclosed a data breach affecting over 92,000 users after a phishing attack compromised an employee’s laptop.
BlockFi partners with Coinbase for fund distribution amid shutdown
The plan administrator will continue to use Coinbase for upcoming distribution rounds, potentially involving recovered funds from FTX.