Cryptocurrency

August 23, 2024

Appeals Court Upholds Dismissal of Hodl Law’s Lawsuit Against SEC Over Ether Classification

A U.S. appeals court has upheld a California federal judge’s decision to dismiss Hodl Law’s pre-emptive lawsuit against the Securities and Exchange Commission (SEC). The case […]

U.S. Prosecutors Score Wins Against Crypto Pig Butchering Scams

This week, U.S. prosecutors achieved notable successes in combating “crypto pig butchering” scams, recovering significant funds and securing a lengthy prison sentence for a former bank […]

SEC Pushes Back Against Richard Heart’s Bid to Dismiss $1 Billion Securities Suit

The United States Securities and Exchange Commission (SEC) is intensifying its legal battle with Richard Heart, the founder of Hex (HEX), in a high-profile case involving […]
August 22, 2024

NBA Star Jimmy Butler and Crypto Influencer BitBoy Settle Lawsuit for $340,000 Over Binance Allegations

In a recent development in the ongoing legal battle surrounding Binance, NBA star Jimmy Butler and crypto YouTuber Ben Armstrong, also known as “BitBoy,” have agreed […]
August 21, 2024

Terraform Labs Faces Critical Chapter 11 Hearing Amidst Financial Turmoil and Legal Battles

Terraform Labs, the crypto firm at the center of one of the biggest collapses in the cryptocurrency space, is scheduled for a crucial Chapter 11 bankruptcy […]

Crypto Whale Loses $55 Million in DeFi Phishing Attack: A Cautionary Tale

On August 20, a significant phishing attack led to a staggering loss of $55 million for a crypto holder in the decentralized finance (DeFi) ecosystem. The […]

Bitfarms Acquires Stronghold Digital Mining in $125 Million Deal, Signaling Major Expansion

Bitcoin mining giant Bitfarms has announced its acquisition of Stronghold Digital Mining in a deal valued at approximately $125 million, which includes an assumed debt of […]

Abu Dhabi’s Financial Regulator Proposes New Framework for Fiat-Referenced Tokens (FRTs)

Abu Dhabi’s Financial Services Regulatory Authority (FSRA), part of the Abu Dhabi Global Market (ADGM), has unveiled plans to regulate fiat-referenced tokens (FRTs), a type of […]
August 20, 2024

Mysterious Wallet Accumulates $118 Million in Wrapped Bitcoin Amid Ownership Controversy

An unknown wallet address has recently made headlines by acquiring a significant amount of Wrapped Bitcoin (WBTC), raising eyebrows amidst ongoing debates about the token’s ownership. […]

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