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dYdX Readies for v4 with Code Open-Sourcing and Blockchain Transition
October 27, 2023
Decentralized exchange dYdX, currently with a Total Value Locked (TVL) of over $353 million, is getting ready for a significant transition. The team is open-sourcing its code, a common practice …
Read moreNFT Artists Pay $1.6M to Yuga Labs in Lawsuit, Scammers Simulate Crypto Sites
October 27, 2023
In recent crypto developments, two non-fungible token (NFT) artists, Ryder Ripps and Jeremy Cahen, have been ordered to pay Bored Ape Yacht Club creator Yuga Labs $1.57 million over a …
Read moreBitcoin Sees Surge in Global Interest Amid Notable Price Increase
October 27, 2023
Google searches related to the purchase of Bitcoin have seen a worldwide surge following a notable rally in the price of BTC. In the United Kingdom, searches for 'buy Bitcoin' …
Read moreCrypto Moguls CZ and SBF Face Trials and Tribulations
October 27, 2023
In recent developments, Binance founder Changpeng 'CZ' Zhao's wealth has seen a significant hit, falling a staggering 82% from its January 2022 peak of $96.9 billion. Following this, Bloomberg's Billionaires …
Read moreLearn Concept: Role of Crypto Exchanges in Regulatory Compliance and Customer Protection
October 27, 2023
Understanding the role of cryptocurrency exchanges in regulatory compliance and customer protection is crucial to grasp the intricacies of the crypto world. This topic is coming into specific focus given …
Read moreYuga Labs Awarded $1.5 Million In Light of Bored Ape Yacht Club Trademark Infringement
October 27, 2023
Yuga Labs, the creators of well-known non-fungible token (NFT) collection, Bored Ape Yacht Club, has recently won a trademark infringement case. The defendants Ryder Ripps and Jeremy Cahen have been …
Read moreFTX Pursues Recovery of Funds Amid Kraken's Compliance With IRS
October 26, 2023
Crypto exchange companies have been dealing with multiple legal and financial challenges recently. FTX has announced its intentions to examine millions of dollars it had previously allocated to a nonprofit …
Read moreUS Lawmakers Push for Investigation Into Binance and Tether
October 26, 2023
US lawmakers are urging the Department of Justice to investigate Binance and Tether for their possible role in facilitating illicit financing for terrorist groups, including Hamas. This comes after a …
Read moreCryptocurrency Donations to Hamas Significantly Overstated, Says Forensic Firm Elliptic
October 26, 2023
Blockchain forensic firm Elliptic has challenged recent reports suggesting that Hamas has been receiving substantial volumes of cryptocurrency donations to fund its attacks against Israel. Instead, the firm asserts that …
Read moreUK Authorities Empowered to Confiscate Crypto Linked to Criminal Activities After New Law Passage
October 26, 2023
The United Kingdom government has enacted a law that strengthens the enforcement authority's ability to confiscate cryptocurrency assets associated with criminal activities, including money laundering, fraud, and ransomware attacks. The …
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