Elon Musk-led ‘DOGE’ set to be sued after Trump’s inauguration
The 30-page legal complaint alleges that Musk’s DOGE has violated the Federal Advisory Committee Act (FACA) 1972.
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Stablecoin transfer volume increased 16x during past 4 years
Increased stablecoin usage could be a sign of growing crypto adoption for a maturing industry.

Iceland: Figurehead in Bitcoin Miner Heist Jailed for More Than Four Years
An Icelandic man has received a four-and-a-half-year prison sentence for stealing Bitcoin mining equipment, local English-language news outlet Iceland Monitor reported Jan. 17.Sindri Þór Stefánsson, who in April 2018 boarded a flight to Stockholm from Reykjavik reportedly with a stolen passport, was subsequently arrested in Amsterdam and returned home. Stefánsson claimed he legally fled custody…

ECB paper claims older Bitcoin holders are exploiting new holders
Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation.

State-Run Bank in Switzerland to Launch Crypto Services
Swiss cantonal bank Basler Kantonalbank becomes the first bank in Switzerland to announce its crypto plans. Basler Kantonalbank, or BKB, a government-owned commercial bank in Switzerland, is planning to launch cryptocurrency services through its banking subsidiary.According to an Aug. 3 report by local news agency Finews, BKB’s subsidiary and a national banking group, Bank Cler,…

Apple secures rights to book on Sam Bankman-Fried for $5M: Report
The book on the former FTX CEO by ‘Big Short’ author Michael Lewis is scheduled to be released on Oct. 3, the day SBF's criminal trial in New York begins. Multinational technology company Apple has reportedly paid $5 million for the rights to author Michael Lewis’ upcoming book on former FTX CEO Sam Bankman-Fried (SBF)

SEC use of Terraform ruling hints Coinbase dismissal motion attack plan
The SEC claims a court ruling gives it authority over crypto, setting up a possible counter-argument in dismissal motions brought against it. 212 Total views 2 Total shares A recent filing from the United States Securities and Exchange Commission (SEC) in its lawsuit against crypto miner Green United could shed light on how it may…

Dairy Queen opens NFT pop-up store in China
The pop-up nonfungible token store, co-sponsored by Weirdo Ghost Gang, will run until the end of the year. 264 Total views 2 Total shares Dairy Queen is partnering with local nonfungible token project Weirdo Ghost Gang (WGG) to create a pop-up NFT store in Chengdu, China.According to a press release seen by Cointelegraph, the “Ice

Banks failing to identify up to 90% of suspicious crypto transactions
CipherTrace believes financial institutions are failing to identify up to 90% of suspicious transactions related to crypto assets Financial institutions worldwide have reported 134,500 suspicious transactions concerning virtual currencies in the past two years — but that’s just the tip of the iceberg according to a report published by blockchain forensics firm CipherTrace.The report says…