U.S. grocery chain Trader Joe’s sues DeFi platform Trader Joe for IP infringement

The well-known grocery store chain Trader Joe’s has initiated a lawsuit against a cryptocurrency-based Decentralized Finance (DeFi) platform, also named Trader Joe, as revealed in U. S. court filings dated Oct. дальше »

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BlockFi Bankruptcy Judge Says He Wants 3AC’s $284M Claim Resolved in Mediation

Failed crypto hedge fund Three Arrows Capital’s (3AC) attempt to pursue a $284 million claim against crypto lender BlockFi was put into mediation by the U.S. bankruptcy judge overseeing BlockFi’s case. дальше »

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Trader Joe’s supermarket files lawsuit against namesake crypto exchange

Trader Joe's supermarket has initiated legal action against a similarly named decentralized cryptocurrency exchange, alleging trademark infringement and brand dilution. дальше »

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Why Central Bank Digital Currencies Can't Compete with Bitcoin

Christian Keroles breaks down his arguments for why CBDCs are likely to lose out in the long run competing against Bitcoin's permissionless nature. дальше »

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PayPal Refuses to Service Palestinians: Is Bitcoin the Solution?

PayPal's selective service provision spotlighted financial discrimination against Palestinians, igniting discussions on Bitcoin's potential as an alternative to foster financial inclusivity in the face of geopolitical and economic challenges in the region. дальше »

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Key Points From the Sam Bankman-Fried Trial's First Week

It’s been less than a week since the federal government’s trial against FTX’s Sam Bankman-Fried began, but we’ve already heard from an FTX co-founder, a former developer, a customer and an investor. дальше »

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Elon Musk faces uphill battle against SEC subpoena, experts say

Elon Musk faces a challenging scenario in his attempt to contest the U. S. Securities and Exchange Commission (SEC). On Oct. 5, the SEC announced legal action that aims to force Musk to comply with a subpoena and provide testimony regarding his acquisition of Twitter (now X). дальше »

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FTX Dramatic Escape In 2022: How Consultants Thwarted A High-Stakes Heist

In a shocking turn of events, cryptocurrency exchange FTX faced a double blow as it grappled with bankruptcy and a massive crypto theft that threatened to wipe out its remaining assets.  Now, new details have emerged about the nightmarish evening when FTX’s staff and a team of consultants raced against time to prevent what could […] дальше »

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Ripple's chief financial officer steps down amid SEC lawsuit

The SEC filed a lawsuit against Ripple in December 2020 for using XRP to raise funds, which the commission claimed was a violation of securities laws. дальше »

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Sam Bankman-Fried FTX fraud trial continues: What to expect in the second week

In the second week of his fraud trial, SBF will face testimonies against him from witnesses, including former partner and CEO of Alameda Research Caroline Ellison. дальше »

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Secrets Unveiled As Caroline Ellison Prepares To Testify Against FTX’s Sam Bankman-Fried

More revelations have come to light since the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), commenced last week. Part of these secrets include the alleged illegalities that went on in FTX and its sister company, Alameda Research. дальше »

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Upbit exchange hacking attacks doubled in 2023

South Korea’s largest exchange, Upbit, suffered 159,061 attacks during the first half of 2023. According to the local media Yonhap, it is nearly 2.17 times more than in 2022. To fight back against the increasing trends of hacking attacks, the… дальше »

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Litecoin Price Prediction: LTC Could Retest $60 Before Fresh Surge

Litecoin price is struggling to gain pace above $66. 40 against the US Dollar. LTC could revisit the $60 support before the bulls take a strong stand. Litecoin is correcting losses from the $63 support zone against the US Dollar. дальше »

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Ethereum Price Topside Bias Vulnerable Unless It Surges Past $1,665

Ethereum price is slowly moving lower toward the $1,600 support against the US dollar. ETH remains at risk of more losses unless it clears $1,650 and $1,665. Ethereum is struggling to stay above the $1,600 support zone. дальше »

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DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court

The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the company's recent fundraise. дальше »

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Bitcoin is a ‘super logical’ step on the tech tree — OpenAI CEO

During an episode of The Joe Rogan Experience, Sam Altman expressed his excitement for Bitcoin and said he was “super against” CBDCs. дальше »

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Allegations of running pump and dump schemes surface against former head of OpenSea Ventures

Grave allegations of involvement in pump and dump schemes are gathering steam against the former head of OpenSea Ventures, Kevin Pawlak. According to NFT Ethics, a non-fungible token (NFT) related investigative news account on X, Pawlak has masterminded or been involved in “various very dubious business dealings” as well as pump and dump schemes. дальше »

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Cardano Founder Charles Hoskinson Refutes Claims of Abandoned Projects

Cardano founder Charles Hoskinson recently took to X to voice spirited defense against allegations of abandoning projects дальше »

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Jefferies calls Bitcoin a safeguard against currency inflation

Jefferies, a prominent global investment bank, advises long-term investors, particularly pension funds, to allocate 10% of their portfolios to Bitcoin, denominated in U.S. dollars. дальше »

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UK authorities propose swift action against crypto rule violators

Lucy Castledine, the FCA’s director of consumer investments, said violations will be tracked on an hourly basis. дальше »

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THORSwap pauses operations after FTX hacker transfers funds

A developer from THORSwap emphasized the team's strong stance against any criminal actions. Recently, an unidentified hacker orchestrated the movement of over 15,000 Ether through various platfThe post THORSwap pauses operations after FTX hacker transfers funds appeared first on AMBCrypto. дальше »

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Former Voyager Digital CEO faces CFTC enforcement action: Bloomberg

CFTC staff were evaluating the possibility of initiating action against Ehrlich. Prior to this, the company faced scrutiny from the U.S. Federal Trade Commission. The United States CommoditThe post Former Voyager Digital CEO faces CFTC enforcement action: Bloomberg appeared first on AMBCrypto. дальше »

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US Regulators Eye Sanctions Against Former Voyager CEO In Bankruptcy Probe

Stephen Ehrlich, the co-founder of Voyager Digital, is reportedly under investigation by the US Commodity Futures Trading Commission (CFTC) for alleged violations of derivatives regulations.  Bloomberg has revealed that the CFTC’s enforcement division staff conducted a probe into Ehrlich’s conduct, concluding that he misled customers regarding the safety of their assets.  Voyager Co-founder Found In […] дальше »

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Elon Musk calls for overhaul of SEC after agency issues order against him

Elon Musk, owner and CTO of X (formerly Twitter), called for an overhaul of the United States’ main securities regulator and other agencies on Oct. 5. Musk wrote in a tweet: “A comprehensive overhaul of [regulatory] agencies is sorely needed, along with a commission to take punitive action against those individuals who have abused their […] The post Elon Musk calls for overhaul of SEC after agency issues order against him appeared first on CryptoSlate. дальше »

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FTX CTO Testifies Against SBF, Admits Alameda Used Customer Funds

FTX CTO Gary Wang admits helping SBF defraud customers by secretly giving Alameda access to deposits, leading to FTX's bankruptcy. дальше »

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Galxe protocol experiences DNS attack, losses top $150K and still growing

The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer. дальше »

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This Week in Crypto: Sam Bankman-Fried Trial, Rising US Debt, and Return of Satoshi

FTX founder Sam Bankman-Fried's trial for financial crimes and fraud at FTX is underway, with key associates testifying against him. Meanwhile, US debt rose by $275 billion in a day and speculation over Satoshi Nakamoto's return emerged. дальше »

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CFTC weighing charges against ex-Voyager Digital CEO Stephen Ehrlich

The U. S. Commodity Futures Trading Commission (CFTC) investigators have determined that Stephen Ehrlich, a co-founder of Voyager Digital, violated derivatives regulations before the company’s bankruptcy last year, Bloomberg reported on Oct. дальше »

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CFTC weighs enforcement action against former Voyager Digital CEO: Report

Following the lending firm’s bankruptcy filing in July 2022, U.S. officials were reportedly considering taking action against Stephen Ehrlich for violating derivatives regulations. дальше »

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Sam Bankman-Fried's Lawyers Test the Judge's Patience

It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team. дальше »

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THORSwap Pauses Platform After Series of FTX Hack-Linked Trades

A THORSwap developer said the team “stands firmly against any and all criminal actions” in a message to CoinDesk. дальше »

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BNB Price Prediction – Bears Aim Nasty Drop Below $200, Here’s Why

BNB price (Binance coin) is still struggling to clear the $220 resistance against the US Dollar. The price could decline heavily below the $210 and $202 support levels. Binance coin price is slowly moving lower from the $220 resistance against the US Dollar. дальше »

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EMAX investors given third and final chance at celeb promo suit

The judge presiding over a class suit by EMAX token investors gave them a final chance to file their claims against celebrities who allegedly promoted it. дальше »

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Ethereum Price At Risk of Sharp Decline Unless ETH Clears This Heavy Resistance

Ethereum price is slowly moving lower toward the $1,585 support against the US dollar. ETH must clear the $1,650 resistance to start a recovery wave. Ethereum is struggling to stay above the $1,600 support zone. дальше »

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SBF Trial Day 3 – Former FTX CTO claims SBF granted Alameda Research ‘special privileges’ during witness testimony

The third day of the trial against Sam Bankman-Fried (SBF) unveiled deeper insights into the company’s financial operations and its founder’s personal habits. In the morning session, testimony from Adam Yedidia, a college acquaintance of Bankman-Fried and a former Alameda and FTX staff member, provided a glimpse into the backend operations of FTX. дальше »

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SEC initiates legal action against Elon Musk over Twitter stock disclosures

The U. S. Securities and Exchange Commission (SEC) has initiated legal proceedings against Elon Musk due to his non-compliance with a subpoena. The financial authority is investigating whether the billionaire violated federal securities law with his Twitter purchase last year. дальше »

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BREAKING: SEC Sues Dogecoin Bull Elon Musk, Seeks Testimony On Twitter Purchase

The US Securities and Exchange Commission (SEC) has taken legal action against Elon Musk, the billionaire entrepreneur and Dogecoin supporter, seeking to compel his testimony regarding the acquisition of Twitter. дальше »

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Ripple’s XRP Price At $10 Now As Nigh As Ever After Yet Another Landmark Win Against The SEC

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XRP Price up as Ripple Scores Win Against SEC, IOTA Achieves Milestone with New Upgrade; SHIB, XRP, DOGE Adoption Expands to Two US States: Crypto News Digest by U.Today

Check out U.Today's news digest to stay updated on the latest crypto events! дальше »

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Hong Kong Police Forms New Work Group To Fight Against Illegal Trading Activities

Hong Kong’s Securities and Futures Commission (SFC) has allied with the Police to establish a group to monitor and investigate crypto exchange-related crimes. This development comes amid scandals involving the Dubai-based JPEX exchange, a leading Hong Kong crypto industry player. дальше »

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Can Xrp Price Hit $1 in October? Investors Also Bullish on Penny Crypto Bitcoin Minetrix

Ripple has scored another major win over the US Securities and Exchange Commission. Judge Analisa Torres has rejected the SEC’s motion for an interlocutory appeal against her previous ruling that granted XRP its non-security status. дальше »

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Ripple vs. SEC: Is A Settlement Back On The Table?

On October 3, Judge Analisa Torres denied the US Securities and Commission’s (SEC) motion for an interlocutory appeal in its ongoing legal battle against Ripple. As part of her order, she raised the possibility of a settlement between both parties before the case goes to trial on April 23, 2024. Ripple And SEC Could Settle […] дальше »

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SBF Trial: Grounded private jets worth combined $70M may be forfeit in Bankman-Fried trial

Federal prosecutors filed a forfeiture bill of particulars on Oct. 5 specifying assets subject to forfeiture in the criminal case against cryptocurrency executive Samuel Bankman-Fried. The filing in New York federal court listed two private jets prosecutors say are subject to forfeiture — a Bombardier Global 5000 and an Embraer Legacy. дальше »

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XRP Case: What SEC Has Left Against Ripple, Regulatory Veteran Answers

Unraveling remaining threads in Ripple v. SEC court battle from legal veteran's perspective дальше »

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DoJ takes a tough stance against SBF as trial begins

The defense argued that SBF acted "in good faith" and made business decisions at FTX that “didn’t work out.” The defense also denied any fraud or theft on part of SBF. The second day oThe post DoJ takes a tough stance against SBF as trial begins appeared first on AMBCrypto. дальше »

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Dutch Crypto Companies Score Legal Win in Fight Against $2.3M Supervision Bill

The Dutch central bank shouldn’t have made Binance successor Coinmerce and others pay for their money laundering registration, a Rotterdam court said дальше »

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Bitcoin Cash Price Won’t Go Down Quietly – Risk of Bounce Grows

Bitcoin Cash price is holding the key $220 support against the US Dollar. BCH seems to be aiming for a fresh increase unless there is a move below $220. Bitcoin cash price is showing positive signs above the $220 level against the US Dollar. дальше »

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Ethereum Price Recovery In Jeopardy? Decoding Key Hurdles To Fresh Increase

Ethereum price is struggling to stay above the $1,620 support against the US dollar. ETH must clear the $1,665 hurdle to start a fresh increase. Ethereum trimmed all gains and now trading near the $1,630 level. дальше »

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Coinbase Vs SEC: Regulator Refuses To Back Down, Urges Judge To Reject Dismissal Motion

Per a Reuters report, the US Securities and Exchange Commission (SEC) has urged a federal judge to reject Coinbase’s motion to dismiss the regulator’s lawsuit against the prominent cryptocurrency exchange. дальше »

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XRP Derivatives Volume Soars by over 200%, Could This Signal A Price Breakout?

In a remarkable turn of events, XRP derivatives trading volume has experienced an astonishing surge of 204% within a mere 24-hour period.  This surge coincides with the recent disclosure by Judge Torres regarding the denial of the Securities and Exchange Commission’s (SEC) interlocutory appeal against Ripple Labs. дальше »

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