Your favorite neighborhood purveyor of chocolate-covered almonds and frozen quesadillas is out for revenge. Trader Joe’s, the American grocery store chain, is again trying to shut down the popular DeFi platform Trader Joe for trademark infringement, after unsuccessfully attempting to do so last year, according to a recently filed federal lawsuit. The grocery chain is now seeking all profits from…
Embargo October 10, 1 PM EST AirSwap launched several new features for users of its decentralized exchange on Tuesday, including a decentralized NFT marketplace, new over-the-counter (OTC) trading features, and voter rewards. The move to support a broader decentralized economy aligns with AirSwap’s ethos, co-founder Don Mosites told Decrypt in an exclusive interview. “The underlying mission is to bring the…
Former FTX CEO Sam “SBF” Bankman-Fried watched from the defense table as his former business associate and girlfriend Caroline Ellison testified at his criminal trial. According to reports from the courtroom on Oct. 10, Ellison admitted to fraud during her time at Alameda at Bankman-Fried’s direction. The former Alameda CEO reportedly placed the blame for misuse of FTX user funds…
With great power — and decentralization — comes great responsibility. Creators of a blockchain project have many decisions to make, among them which consensus mechanism to employ. As with so much in crypto, there’s no singular “industrywide” solution or preference, and there are multiple details to review when making the choice. While security and reliability are always top priorities, forward-looking…
Nintendo’s Animal Crossing game franchise is getting the Lego treatment, with five sets scheduled to release in March next year. Isabelle, Tom Nook, and Fauna are among the game’s bipedal animal characters who will be turned into Lego minifigures, according to tweets from Nintendo and Lego’s official website. The quirky turtle Kapp’n will also be offered in Lego form, as…
Crypto exchange Binance has frozen accounts linked to Hamas militants as per requests from Israeli law enforcement. According to an Oct. 10 WeChat post by Yi He, the exchange’s co-founder, the freeze is targeted toward Hamas and not the people of Palestine. As stated by He: “Hamas is a designated terrorist organization by the United Nations. Therefore, any organization, including…
The Financial Conduct Authority (FCA) of the United Kingdom has placed restrictions on peer-to-peer lending platform Rebuildingsociety, the firm with whom crypto exchange Binance partnered for compliance with the regulator’s marketing regime. In an Oct. 10 notice, the FCA said Rebuildingsociety was not authorized to “approve the content of any financial promotion for a Qualifying Cryptoasset for communication by an…
The second day of the second week of October saw major Asian and European stocks surge higher on Tuesday owing to a wave of risk appetite. Another major factor that played a key role in the bullish resurgence of European and Asian stocks was the Federal Reserve’s optimistic outlook on bond yields. U.S. Treasury yields fell sharply on Tuesday with…
In a rapidly changing blockchain and cryptocurrency landscape, staying informed is crucial. Cointelegraph has launched its new Research Terminal — an all-in-one destination for comprehensive crypto insights, detailed reports and extensive data. The revamped terminal offers an improved user experience with a user-friendly interface, making it effortless to explore our wealth of content, whether on a desktop or mobile device.…
In the ongoing trial of Sam Bankman-Fried, the disgraced crypto mogul’s lawyers are seeking permission to question FTX co-founder Gary Wang. Specifically, they’re seeking answers on whether legal advice played a role in Wang accepting loans from the collapsed crypto exchange’s sister fund Alameda Research. The defense’s request, filed on October 9, comes as the trial enters its second week…
