‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express

The move follows the crypto exchange's successful VASP registration in Italy. 109 Total views 4 Total shares Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain.According to the Sept. 26 announcement, the EMI license

Venture capital funds are eyeing Web 3.0-powered social networks as the next major growth vector in crypto and blockchain. 1683 Total views 24 Total shares Reddit co-founder Alexis Ohanian has teamed up with Solana Ventures to launch a new investment fund dedicated to Web 3.0 and social projects, potentially setting the stage for the next…

The judge showed rare understanding of DeFi technology and stated the defendants would do better to address their complaints to Congress. 165 Total views 4 Total shares The United States District Court for the Southern District of New York has dismissed a class-action suit against Uniswap Labs and its CEO, foundation and venture capital backers

Play-to-earn (P2E) gaming was one of the hottest sectors in the cryptocurrency market in 2021 and based off the recent moves of Yuga Labs and Bored Ape Yacht Club, the gaming industry could continue to be a winner in 2022.Axie Infinity was the first game to really capture widespread attention and highlight the possibilities of…

Institutional traders have locked $56 billion into Bitcoin investment products after inflows totaled $97.5 million last week. 3346 Total views 7 Total shares Institutional traders have locked a record sum of capital into Bitcoin investment products despite trade volume declining during the second half of 2021.According to CoinShares’ Nov. 15 “Digital Asset Fund Flows Weekly”…

Web3 development is an exciting field that is rapidly gaining popularity, thanks to the increasing adoption of blockchain technology. If you’re interested in learning about Web3 development, YouTube is an excellent resource to turn to. In this article, we’ll highlight five of the top YouTube channels that one can use to learn about Web3 development.EatTheBlocksEatTheBlocks…

Leading stablecoin operator Tether has announced it will support crypto podcaster Peter McCormack in a lawsuit against self-proclaimed Bitcoin (BTC) creator Craig Wright.General counsel for Tether and cryptocurrency exchange Bitfinex, Stuart Hoegner, revealed on Nov. 8 that Tether also rejects Wright’s claims of being Satoshi Nakamoto. He explained:“Wright has had myriad opportunities to prove that…