The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist. Source: https://cointelegraph.com/news/us-judge-denies-motion-dismiss-green-united?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Sygnum Secures Liechtenstein License to Expand Crypto Services in EU
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia, including Hong Kong and Singapore, Sygnum continues to strengthen its […] Source: https://news.bitcoin.com/sygnum-secures-liechtenstein-license-to-expand-crypto-services-in-eu/
Polymarket on the Hunt for $50 Million Amid Potential Token Launch: Report
Blockchain-based predictions platform Polymarket is seeking an additional $50 million in new capital amid potential plans to launch a token, The Information reported Monday. Investors in the round will be issued token warrants, giving them the right to purchase tokens if Polymarket decides to launch them in the future, the outlet reported, citing anonymous sources. It’s unclear whether the tokens…
Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation
Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform. Source: https://cointelegraph.com/news/mango-markets-contemplates-six-figure-settlement-with-cftc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New Relief for AI Bot Sufferers: Cloudflare’s New Tool Lets Sites Charge For Data Scraping
San Francisco-based cloud services company Cloudflare launched a new set of AI tools Monday that aims to give websites the ability to stop unauthorized scraping by AI crawlers—or to charge them for access to their data. “What we’ve previewed today is the ability for site owners and internet publications to say, ‘this is the value I expect to receive from…
New Relief for AI Bot Sufferers: Cloudflare’s New Tool Lets Sites Charge For Data Scraping
San Francisco-based cloud services company Cloudflare launched a new set of AI tools Monday that aims to give websites the ability to stop unauthorized scraping by AI crawlers—or to charge them for access to their data. “What we’ve previewed today is the ability for site owners and internet publications to say, ‘this is the value I expect to receive from…
BRICS to Discuss Alternative Payment Platforms at Upcoming Summit
Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on traditional financial platforms. Lavrov emphasized the increasing use of national currencies in BRICS trade, particularly with […] Source: https://news.bitcoin.com/brics-to-discuss-alternative-payment-platforms-at-upcoming-summit/
Will Caroline Ellison Go to Prison? What You Need to Know Ahead of Sentencing
Caroline Ellison is used to playing something of a supporting role in business and in life: About three years ago, the twenty-something math whiz became co-CEO of crypto quant trading firm Alameda Research alongside Sam Trabucco, though she later took over the role fully. Before that, she had carved out a place for herself in the inner circle of Alameda’s…
House Republicans urge SEC to rescind ‘disastrous’ SAB 121
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121. Source: https://cointelegraph.com/news/house-republicans-urge-sec-rescind-sab-121?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’
UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that central bank purchases and investor inflows into gold ETFs are sustaining the metal’s […] Source: https://news.bitcoin.com/ubs-favors-gold-as-most-preferred-says-hedging-properties-remain-attractive/