Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit
“This is a securities fraud class action arising from a deliberate course of carnival barking market manipulation and insider trading,”...
Month: June 2023
Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how...
Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area
With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for CBDC...
Uniswap DAO rejects plan to charge LP fees; UNI holders cite tax concerns
The proposal would have allowed Uniswap’s governing body to receive a percentage of the fees that currently go to liquidity...
Fed board issues order to Silvergate Bank as part of self-liquidation plan
Silvergate Capital Corporation and its crypto-friendly bank will have 10 days to submit a self-liquidation plan in compliance with California...
Money stored on mobile payment apps may not be FDIC insured, US watchdog warns
Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money...
Don’t be surprised if AI tries to sabotage your crypto
My own exchange, Bitget, tried using AI to respond to customer inquiries — and the results reminded us that AI...
Mysten Labs’ Sui network partners with F1 Red Bull racing team
The Red Bull team signed a $150 million sponsorship deal with crypto exchange Bybit in 2022 ahead of the market...
Bitcoin price slips under $27K, but data shows BTC whales counter trading DXY strength
The U.S. Dollar Index is encroaching on new year-to-date highs, but Bitcoin whale activity suggests this may be a dead...
What will Binance Australia services look like after debanking?
Binance suspended fiat on- and off-ramps by bank transfers in Australia, as well as trading for Australian dollar (AUD) pairs....
Circle to launch ‘official version’ of USDC natively on Arbitrum
USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network.
11 things the United States can learn from other nations’ crypto regulations
The United States doesn’t have to start from scratch when it comes to developing effective laws and guidelines for crypto....
ChatGPT can’t beat human smart contract auditors yet: OpenZeppelin’s Ethernaut challenges
While ChatGPT-4 can’t compete with human auditors yet, OpenZeppelin noted it was not optimized to do so, and AI models...
Georgian central bank to launch AML probe into crypto firms
The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023. Georgia,...
Increasing number of divorce proceedings involve crypto
Lawyers say they are seeing an increasing number of divorce settlements featuring digital assets. Most crypto investors probably aren’t thinking...
