SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit
The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.
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Illuvium, LCX and Tokemak hit new highs as Bitcoin dominance lingers
During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same time that BTC made a run at $64,000 and Ether (ETH) hit a new all-time high…

Crypto Thanksgiving: Community hails industry milestones, expresses gratitude
A community member compared crypto to a turkey that takes time to cook and expressed gratitude for the opportunity to invest in its technology. 161 Total views 8 Total shares As crypto community members celebrated Thanksgiving, many expressed gratitude for the progress made in the digital asset space over the years. From comparing price points for

Voyager bankruptcy plan approved, customers may recover 35.7% of claims initially
The third try is a charm for the crypto brokerage, whose assets were almost bought by FTX and Binance.US. Now it’s just handing what it has over to its creditors. 168 Total views 2 Total shares Crypto brokerage Voyager’s bankruptcy plan was approved by the United States Bankruptcy Court for the Southern District of New…

Futurama’s latest reboot takes aim at Bitcoin miners
The latest episode of the series, which first premiered in 1999, would have its audience believe humans (and robots) will still be mining Bitcoin in the year 3023. The animated science fiction cartoon series Futurama, which was created long before Bitcoin (BTC) was even a gleam in Satoshi Nakamoto’s eye, poked fun at cryptocurrency miners…

UK FCA wants to include crypto firms in financial crime reporting rules
The U.K.’s financial watchdog wants crypto firms to submit annual financial crime reports to help it cement a data-led approach to regulation. Cryptocurrency firms in the United Kingdom could soon be faced with more extensive Anti-Money Laundering (AML) reporting requirements.In a consultation paper published this month, the Financial Conduct Authority proposed broadening annual financial crime…

FATF updates guidance on crypto service providers, calls for public comments
The Financial Action Task Force is looking to adapt its guidance standards for stablecoins and crypto peer-to-peer transactions. 2781 Total views 15 Total shares The Financial Action Task Force says it is set to publish an update to its guidelines on cryptocurrencies and virtual asset service providers; a catch-all term including exchanges, wallet providers, and…

How to Recover Your Wallet if Your Private Keys Are Lost
Before the internet brought us dog videos and your grandmother’s Facebook updates, losing money was a traumatic experience. Dropping $20 meant you’d probably never see it again – all you’d have left is that unmistakable sensation of feeling stupid.At least in the fiat world, it’s become a little bit harder to lose money. Centralized institutions…

Belt Finance loses millions in latest BSC-based DeFi exploit
Another day, another BSC DeFi protocol gets hacked. 753 Total views 3 Total shares Belt Finance has become the latest Binance Smart Chain-based decentralized finance, or DeFi, protocol to lose millions to an opportunistic hacker.The Rekt Blog, which post mortems DeFi exploits, stated that an attacker exploited a flaw in the way the protocol’s vaults…