FTX class action lawyers move to block Sullivan & Cromwell’s dismissal motion
Lawyers for FTX class action are challenging Sullivan & Cromwell’s dismissal request, claiming the law firm facilitated FTX’s fraudulent activities.
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Sentient completes 650K NFT mint, MegaETH’s soulbound NFTs: Nifty Newsletter
Artificial general intelligence firm Sentient held an NFT mint with over 650,000 participants.
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160 Million USDT Tokens Minted During Bitcoin’s Rise to $9K
As Bitcoin pushed past $8,000 and began its ascent to $9,000, the Tether Treasury minted over 160 million new tokens. 1819 Total views 34 Total shares With Bitcoin (BTC) ascending sharply in the last eight hours — over $9,100 at press time — U.S. dollar-backed stablecoin Tether (USDT) is on a minting spree. Whalebot Alerts has reported…
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Can crypto mixers adapt to survive US authority prosecution?
Tornado Cash — a cryptocurrency mixer service that can hide the origin of crypto transactions — hit the headlines after being sanctioned by the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) in August 2022. The mixer opened Pandora’s box, igniting an open debate about the role of mixers in ensuring personal
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Thai SEC bans exchanges from handling certain token types including NFTs
Local exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines. 1687 Total views 1 Total shares Thailand’s Securities and Exchange Commission has approved guidelines prohibiting crypto exchanges in the country from supporting four different types of tokens in certain cases.In a Friday…
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Block.One Pays $30M for New Blockchain-Powered Social Media Platform’s Domain Name
Eos (EOS) developer Block.one has paid $30 million in cash to purchase a domain name for its new blockchain-based social media, called “Voice.” The development was revealed in a filing published by the United States Securities and Exchange Commission (SEC) on June 18.According to the SEC filing, submitted by enterprise analytics and mobility software provider…
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Hong Kong to align crypto OTC derivative rules with European standards
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA's standards, including the use of Digital Token Identifiers.
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Cointelegraph Youtube Hosts Review COVID-19 and Bitcoin Memes
Are you bored sitting at home in quarantine while the COVID-19 pandemic is raging outside? Feeling depressed from the latest crypto market crash? Afraid that the world might be ending?Don’t worry! Cointelegraph Youtube hosts, Jackson and Giovanni, collected the best memes on coronavirus and Bitcoin to lift up your mood.Any moment of global crisis is…
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Bitcoin was Designed for a Financial Crisis — So far it’s Working well
If you’ve been in Bitcoin (BTC) long enough most likely its Genesis Block has been mentioned quite a few times. If not, the image below should be self explanatory.Bitcoin Genesis Block RAW data. Source: UnBIt doesn’t really matter if people consider Bitcoin as a store of value competing with gold and real estate, medium of…