While United States regulators such as Securities and Exchange Commission Chair Gary Gensler make bad-faith claims that “there’s been clarity for years” when it comes to cryptocurrency, the European Union took real action in April when it passed the Markets in Crypto-Assets (MiCA) regulatory framework. While imperfect, it was a crucial move in the right direction for our industry and…
A federal judge’s bombshell decision to side with Grayscale’s fight for a spot Bitcoin ETF sent shockwaves through the crypto world yesterday. At a time when regulators are cracking down on digital asset companies like never before and the crypto market is largely stagnant, optimism has flooded back into the sphere. Bitcoin—and Bitcoin-related assets—bolted upwards following news that the U.S.…
Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, have reportedly not asked for a different trial date in order to prepare, but a federal judge has offered a limited window to do so. According to an Aug. 30 X thread from Inner City Press, Judge Lewis Kaplan said the deadline for requesting a jury based on Bankman-Fried’s trial start date…
A class action lawsuit brought against Uniswap was tossed out by a district judge on Tuesday, who found those associated with the decentralized exchange were not liable for so-called scam tokens that purportedly burned traders. The lawsuit, brought by trader Nessa Risley last April and on behalf of other Uniswap users, accused the decentralized exchange’s developers and investors of violating…
It appears that a data breach involving FTX bankruptcy claims agent Kroll has resulted in the leak of sensitive information, contrary to earlier reports. In an alleged Kroll Q&A Summary published on Aug. 30, FTX users’ email addresses, mailing addresses, account numbers, unique bankruptcy identifiers, account balances, phone numbers, and other claim details were all reportedly breached in a cybersecurity…
The United States District Court of Southern New York has dismissed a class-action suit against Uniswap Labs, its CEO, foundation and venture capital backers brought by plaintiffs who claimed they lost money due to scam tokens on the decentralized cryptocurrency exchange. Judge Katherine Polk Failla, who handed down the dismissal, is also hearing the Securities and Exchange Commission’s case against…
Over three-quarters of Vietnamese crypto holders make investment decisions through friends’ referrals. That’s according to an Aug. 30 report by Vietnamese venture capital firms Kyros Ventures and Coin68, alongside Animoca Brands. In the 3,300-participant survey, 75.5% of participants admitted being “influenced by recommendations or referrals” regarding crypto investing. The amount is 2.5 times higher than reported in the U.S. Self-study,…
Stablecoin issuer Circle has announced it is teaming up with the Latin American fintech behemoth, MercadoPago, to offer USDC in Chile. “Informed by MercadoPago’s broader plans in the region, Chile is our first flag thanks to its vibrant technological ecosystem,” Dante Disparte, Circle chief strategy officer and global policy head told Decrypt. He said the launch is an “initiation,” into…
The United States Copyright Office issued an official request for comments and notice of inquiry on copyright and artificial intelligence (AI) in the Federal Register on Aug. 30. The Copyright Office issued a notice of inquiry in the Federal Register seeking public comment on questions about copyright law and policy issues raised by AI systems. Initial comments are due by…
August 30, 2023 | New Features, Pro Ahoy, Pro traders! We’re pleased to announce the release of Iceberg Orders on Kraken Pro, now available on all spot and margin markets through the Kraken Pro web interface. This powerful trading tool is designed for those occasions when openly revealing the size of your trades might move the market away from you.…
