United Kingdom High Court freezes Craig Wright's assets
The judgment was issued to help podcaster Peter McCormack recover nearly $2 million in legal expenses from a defamation lawsuit filed by Wright.
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David Marcus Says Calibra Is Considering Audits to Prove Data Protections
Calibra cryptocurrency wallet CEO David Marcus spoke at the New York Times Dealbook Conference in New York City where he discussed the worldwide regulatory scrutiny the stablecoin project continues to face, among other topics.Calibra is considering an auditor for personal data practices On Nov. 6, the co-creator of Facebook’s Libra coin had a sit-down interview with…
Founder of DeFi protocol Nexus Mutual gets hacked for $8M
The protocol is safe, but its founder lost his stash of 6% of all tokens. An unknown attacker stole $8 million from the personal wallet of Hugh Karp, the CEO of DeFi coverage platform Nexus Mutual. According to a disclosure by Nexus Mutual, the funds were drained on Monday morning UTC by compromising Karp’s personal…
Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways
Declining volume and resistance at $19,500 are pinning Bitcoin price into a tightening range. 511 Total views 8 Total shares As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance. After retouching the pennant trendline, the…
JPMorgan places BTC fair price at $38K, declares crypto a preferred alternative asset
The banking giant says Terra's collapse did not appear to harm the VC market, and things will be looking up for crypto as long as VC stays in. 1751 Total views 32 Total shares JPMorgan has placed Bitcoin’s (BTC) fair price at $38,000, which is 28% higher than its current level of around $29,500, according…
Hong Kong central bank warns against crypto firms using banking terms
The HKMA said that funds placed on unlicensed “crypto banks” are not protected by the region’s deposit protection scheme. 1227 Total views 7 Total shares The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws. In
Web3 social media protocol launches ‘layer 3’ to provide instant posts
The new layer relies on Bundlr, a decentralized storage platform built on Arweave, for mass storage of social media data. 149 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network…
Australia Investigating Major Tax Crimes as Part of Crypto-Focused Tax Enforcement Taskforce
Australia’s tax agency, the Australian Tax Office (ATO), is investigating 12 major international tax avoidance schemes, with a key focus on cryptocurrency-enabled activities. The news was reported by local broadsheet The Sydney Morning Herald on June 6.The ATO’s intensified cross-border investigations were reportedly revealed following a meeting of the J5 — also known as “The…
Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
Hedge funds and debt investors have already purchased some of the claims. 296 Total views 23 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTInstead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their…