NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit
Rob Gronkowski, Victor Oladipo, and Landon Cassill have agreed to settle with plaintiffs in their ongoing case against Voyager Digital.
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Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges
Since Dec. 2021, the government of Thailand has been working on preparing a new regulatory framework by defining “red lines” for the crypto industry. 181 Total views 36 Total shares In an ongoing effort to carve out a regulated crypto market for the general public, the Thailand Securities and Exchange Commission (SEC) announced a ban…

Bitcoin ‘mega whales’ send BTC price to $30K as volatility hits crypto
Bitcoin (BTC) returned above $30,000 on April 18 as volatility preceded the day’s Wall Street open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin erases intraday lossesData from Cointelegraph Markets Pro and TradingView followed BTC/USD as the pair suddenly added $500, delivering daily gains of more than 3%.The pair had previously worried traders, who watched as $30,000…

Terraform Labs seeks access to FTX wallets in fraud defense
Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithmic stablecoin in 2022. 202 Total views 3 Total shares Terraform Labs is seeking permission from a judge to subpoena data from bankrupt crypto exchange FTX, claiming the information could help its defense against a lawsuit brought…

Buying a bank won’t solve crypto’s debanking issue: Binance CEO
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Small business lending protocol Defactor tokenizes $100M in bonds
The bonds are tokenized on Polygon using the ERC-3643 token standard. 118 Total views 1 Total shares On June 6, decentralized finance (DeFi) lending platform Defactor Labs said that it tokenized $100 million worth of Alpha Bonds using the ERC-3643 token standard. The bonds, tokenized on the Polygon (MATIC) network, will be lent to small-…

DeFi platforms can comply with regulations without compromising privacy — Web3 exec
Zero knowledge proofs, DIDs, and more could help DeFi protocols maintain regulatory compliance without exposing their users. 61 Total views 1 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) has been a rapidly growing sector of the cryptocurrency industry, but it has also faced significant regulatory challenges. With…

Trump appoints former college football player Bo Hines to head crypto council
Bo Hines will work under Donald Trump’s crypto and AI czar, David Sacks, on the incoming presiden’ts crypto council in a bid to “foster innovation and growth” for digital assets.

Bitfinex: The Rumors of ‘Insolvency,’ Banking Partners’ Escape, and the Suspension of Fiat Deposits
On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are and have been processing as usual without the slightest interference.After some mild clarifications, tension is…