Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.
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UK: $2.5 Million Losses in Crypto-Related Scams Reported This Summer
British police have warned the public about fraudulent investment schemes involving cryptocurrencies, the volume of which has led to 2 million pounds ($2.55 million) worth of losses this summer, according to an announcement published August 10. In the announcement, the police cite statistics prepared by the Action Fraud national reporting center for fraud and cyber…

Here’s how Kazakhstan aims to enhance its legacy crypto trading framework
The Astana Financial Services Authority, a Kazakh regulator, pointed out that the existing framework dates back to 2018 while proposing certain enhancements. 201 Total views 3 Total shares Own this piece of history Collect this article as an NFTKazakhstan, one of the world’s biggest Bitcoin (BTC) mining destinations, issued a consultation paper to gauge public interest in proposed amendments…

Why Cryptocurrency Is More Than a Hedge Against US Dollar Inflation
During times of international economic crisis, governments print money. This leads to inflation and investors subsequently stashing their investment capital in long-term, stable investments. Historically, that has meant gold, but in the current economic crisis, gold has been joined by another long-term store of value: Bitcoin (BTC).There are several good reasons for this. The United…

3 charts showing this Bitcoin price drop is unlike summer 2021
Bitcoin (BTC) bear markets come in many shapes and sizes, but this one has given many reason to panic.BTC has been described as facing "a bear of historic proportions" in 2022, but just one year ago, a similar feeling of doom swept crypto markets as Bitcoin saw a 50% drawdown in weeks.Beyond price, however, 2022…

DAOs in court? Curve Finance ponders enforcing license over rival Saddle
Square peg, meet round hole: a decentralized autonomous organization is pondering taking a rival fork to court. Earlier today, a member of the Curve Finance community made a post in Curve’s governance forum titled “Enforce Curve’s IP Rights.” “Curve has proven incredibly popular, with over $10B deposited, hundreds of millions in daily volume, and around $1M/week…

IMF eyes tens of billions in crypto asset taxes, has few suggestions for collecting them
Income tax, property tax, VAT, corrective taxation — there is a tax goldmine out there for governments, but they will have to think hard about accessing it. 362 Total views 1 Total shares Governments have yet to address all the ways crypto might be taxed, the International Monetary Fund (IMF) has realized, and the amount…

Court denies Kraken’s motion to dismiss SEC lawsuit
The SEC alleges Kraken is operating an unregistered securities exchange.

Coinbase Technology Partner Refutes Alleged Collection, Sale of User Data to Third Parties
London-based blockchain analytics firm Elliptic — which provides technology to major United States crypto exchange Coinbase — has refuted allegations that it collects and sells clients’ user data to third parties for financial gain.In an official statement published on March 4, Elliptic’s CEO and co-founder James Smith stated that the firm has never “enabled the…