PleasrDAO files preliminary injunction against Martin Shkreli
In 2021, PleasrDAO acquired “Once Upon A Time in Shaolin,” a one-of-a-kind musical album by Wu-Tang Clan, for $4.75 million.
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Davos-launched blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCs
A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and central bank digital currencies (CBDCs). Red Date Technology, the blockchain infrastructure firm that is also leading one of China’s blockchain efforts, launched the Universal Digital Payment Network (UDPN) on Jan. 19 during the World Economic Forum (WEF)…

yEarn Creator Says Recent Audits Don’t Necessarily Mean the Project is 100% Safe
Audited or not, DeFi DApps present risks Andre Cronje, the creator of Yearn.Finance, has recently made security audits of his project publicly available. He explained to Cointelegraph that he had been previously withholding these audits, which were completed months ago, so as to not give users a false sense of security:I always refused to publish the audits…

Gemini’s exit from Canada: What’s driving crypto exchanges out?
Gemini’s exit came just a few days after the Canadian Securities Administrators released an update to crypto trading firms about stablecoins.

SEC passes new ‘conflict of interest’ rules governing how brokers can use AI
The new rules will govern how brokers use artificial intelligence to entice investors and how they use “optimization functions” to target investors and determine investment strategies. 140 Total views 1 Total shares The United States Securities and Exchange Commission (SEC) approved a set of sweeping changes to the rules governing the use of “optimization functions”…

The Last Time This Happened, Bitcoin Surged From $3,150 to $14,000
Leading crypto exchanges are holding around 1.36 million BTC, worth around $12,920,000. The last time major trading firms had such low Bitcoin reserves, the price of the dominant cryptocurrency surged from $3,150 to $14,000.Market data indicates a growing number of investors are moving their Bitcoin holdings out of exchanges. It shows traders have no intention…

Why Did Crypto Market Experience a $27 Billion Wipeout? Experts Discuss Factors
On November 15, within a 24-hour span, the valuation of the crypto market fell from $210 billion to $183 billion, by more than $27 billion on a single day.Source: CoinMarketCap.comFueled by the 18 percent drop in the price of Bitcoin Cash (BCH), every major cryptocurrency in the global market started to record intense sell-offs.Bitcoin, which…

Coinbase expands to Australia with focus on institutions in ‘months to come’
With an expanded Australian offering, Coinbase’s VP of international and business development said the exchange faced “tough questions” from regulators and policymakers about its services. 179 Total views 23 Total shares United States-based cryptocurrency exchange Coinbase will expand its services in Australia, launching a local entity and an updated suite of services for retail crypto…

Nexo Launches MasterCard-branded Crypto Credit Card
Instant crypto loans firm Nexo is launching a MasterCard-branded cryptocurrency credit card. The development was announced in a press release shared with Cointelegraph on Aug. 2.“World’s first”Nexo claims the Nexo Card to be the first card in the world that enables users to spend the value of their cryptocurrency without in fact spending it. In…