Cryptocurrency

March 07, 2024

Hut 8 stock crash attracts multiple lawsuits

Several law firms extend offers to represent Hut 8 investors who suffered losses on the Nasdaq amidst short-selling accusations.   On Jan. 19, Hut 8’s Bitcoin […]

Digital Currency Group files motion to dismiss $3B NYAG lawsuit

In October 2023, the New York Attorney General’s Office (NYAG) filed a $3 billion lawsuit against crypto firms Gemini, Genesis, and DCG, accusing them of defrauding […]
March 06, 2024

Restaking protocol EigenLayer flips Aave with $10.4B total value locked

EigenLayer, an Ethereum staking protocol, has surged past lending protocol Aave in total value locked (TVL), reaching $10.4 billion worth of crypto committed to the protocol […]

Nexo puts recent woes behind it with Middle East license approval

Nexo, the cryptocurrency lending platform, is moving forward with its global expansion plans after receiving initial approval from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval […]

Cryptoqueen’s brother is freed after 3 years jail over OneCoin scheme: Report

Konstantin Ignatov, the brother of Ruja “Cryptoqueen” Ignatova, has been released from prison after serving 34 months for his involvement in OneCoin’s $4.4 billion fraud scheme. […]

Coinbase asks court to reject SEC’s ‘empty chair’ securities judgment

Coinbase is actively contesting the Securities and Exchange Commission’s (SEC) classification of secondary sales of crypto assets as “securities transactions” in its legal battle. In a […]
March 05, 2024

SEC pushes back BlackRock, Fidelity spot Ethereum ETF proposals

The United States Securities and Exchange Commission (SEC) has postponed its decision on approving or rejecting BlackRock and Fidelity’s spot Ether exchange-traded funds (ETFs).   In […]

Judge supports SEC securities claim in default order in Coinbase insider trading case

Judge Tana Lin partially satisfies the SEC’s request for a default judgment against Sameer Ramani in the case involving former Coinbase product manager Ishan Wahi and […]

Fantom seeks Multichain liquidation in attempt to recover $122M from exploit

The Fantom Foundation pursues legal action against the Multichain Foundation, aiming for bankruptcy declaration to recover lost funds.   Court’s Ruling and Potential Actions The High […]

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