UK court rules Tether is property in first English law post-trial crypto ruling
It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws.
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DeFi will bring a new golden age for the film industry
With an explosion of video streaming as a result of the COVID-19 pandemic and now around $40 billion locked into decentralized finance protocols, it’s time for decentralized finance and the film industry to meet.Film financing is a cumbersome and inefficient system. Investors are the first to put their money in but last to see any…
Walmart Files Patent for Blockchain-Based Drone Communication System
American retail giant Walmart has submitted a patent application for a drone communication system that is based on blockchain technology. Walmart filed its patent with the United States Patent and Trademark Office (USPTO) on Aug. 1. The filing describes a system on a drone that encrypts and stores that drone’s operational parameters. That information is subsequently…
Taiwan to restrict unregistered, noncompliant foreign crypto exchanges
Taiwan’s crypto watchdog has drafted 10 guiding principles for virtual asset service providers operating in the country. 129 Total views 1 Total shares East Asian country Taiwan is reportedly planning to put restrictions on unregistered overseas crypto exchanges operating within its jurisdiction as a part of its incoming guidance for virtual asset service providers (VASPs). On
Report: TON investor demands $100M compensation from Durov
Telegram's TON saga seems far from over, as a disgruntled investor seeks compensation. 5556 Total views 16 Total shares Da Vinci Capital, a major investor in Telegram’s $1.7 billion initial coin offering, has reportedly requested compensation for the failed launch of the Telegram Open Network, or TON.Investors at Da Vinci Capital reportedly sent a letter…
Accomplice in Alleged $722M Bitcoin Ponzi Scheme Pleads Guilty to Charges
One of four men charged with defrauding investors of over $722 million through a long-running cryptomining scheme has pleaded guilty to charges against him. 786 Total views 13 Total shares One of four men charged with defrauding investors of more than $722 million through a long-running cryptocurrency mining scheme has pleaded guilty to charges against…
Bitcoin price breaks $11K, crypto traders optimistic about BTC’s action
The price of Bitcoin (BTC) has seen a recovery during the past week, surging by nearly 6.5% since Oct. 2. The resilience of the dominant cryptocurrency has traders pleasantly surprised, as many analysts anticipated a larger pullback. Following BTC’s rebound above the critical $10,500 support level to just over $11,000, the sentiment is turning optimistic.In…
SEC, CFTC press civil charges against former FTX exec Singh parallel to criminal case
Singh’s former colleagues Ellison and Wang consented to stays in their CFTC cases; Singh has agreed to submit a consent order proposal in the CFTC case. 232 Total views 5 Total shares Own this piece of history Collect this article as an NFTCivil charges were announced against former FTX director of engineering Nishad Singh on…
Top 5 cryptocurrencies to watch this week: BTC, UNI, XLM, THETA, HNT
The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%.Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief rally.…