US diplomats pressure Nigeria to release detained Binance exec
Tigran Gambaryan, a United States citizen and former Internal Revenue Service agent, has been detained in Nigeria since February 2024.
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Venezuela’s Petro White Paper ‘Blatantly’ Copied Dash, Ethereum Developer Says
Venezuelan state-owned cryptocurrency Petro has apparently plagiarized parts of its white paper from the GitHub repository of Dash. Core developer of Ethereum Joey Zhou pointed this out in a tweet posted Tuesday, Oct. 2.Zhou has tweeted that Petro, which has just been officially launched by president Nicolas Maduro, is "a blatant Dash clone." To illustrate…

US SEC Approves and Says 8th Grader’s ‘Quarters’ Tokens Aren’t a Security
The United States Securities and Exchange Commission (SEC) has cleared a crypto gaming company to issue blockchain tokens without registration, deeming the tokens to not be securities.Pocketful of Quarters (PoQ) was co-founded by George B. Weiksner, an eighth-grader who is listed as the current CEO. Weiksner apparently is a regular speaker about cryptocurrencies and games…

Crypto crackdown targeting USD access points has begun: Caitlin Long
Avanti’s Caitlin Long expects the U.S. Federal Reserve to make it harder for crypto companies to access USD payment channels. 840 Total views 3 Total shares Caitlin Long, the founder and CEO of the pioneering bank for the crypto sector, Avanti Bank & Trust, has declared that the regulatory crackdown on crypto “has begun.”In a…

Recent Class Action Lawsuit Could Cost Binance Billions of Dollars
Binance is one of several large cryptocurrency firms named in a series of recent class action lawsuits. If the lawsuits go south for this global company, it could end up costing them billions of dollars.Class action is looking for new membersRoche Cyrulnik Freedman has recently brought eleven class action lawsuits against some of the biggest…

JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks
JPMorgan Chase (JPM) is expanding the use of its blockchain technology to help reduce the number of global payments rejected by errors, the Financial Times reported on April 21.The United States financial giant is adding new features to its Interbank Information Network (IIN,) which is now used by more than 220 banks around the world.…

Bitcoin Trading Bucks Trend at Bakkt as Futures Hit $42.5M Record High
Bitcoin (BTC) institutional trading platform Bakkt has set another giant new record for its futures contracts, topping 5,600 BTC on the day.As the company confirmed on Twitter, Nov. 27 saw a fresh all-time volume high for Bakkt’s monthly Bitcoin futures. During the session, Bakkt reported 4,443 BTC traded — over 60% higher than its previous…

Allbridge exploiter returns most of the $573K stolen in attack
An exploit resulted in around $573,000 in crypto looted from Allbridge, but the hacker has now seemingly accepted the offer of a “white hat bounty.” 197 Total views 11 Total shares Own this piece of history Collect this article as an NFTA large portion of the roughly $573,000 pilfered from the multichain token bridge Allbridge…

Crypto Exchange Kraken Denies Rumors of Sudden Staff Layoffs in Canada
Crypto exchange Kraken, currently ranked 11th largest globally by daily trade volumes, has denied rumors that it is laying off staff in its unit in Halifax, Canada, Finance Magnates reports September 6.The denial comes after a post to a local discussion thread on reddit alleged that Kraken’s “unit 102 at 60 Highfield park drive” had…