LFG
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1 year, 1 month ago
Coins.ph Crypto Exchange Allegedly Hacked, Loses $6 Million in XRP
Philippines-based crypto exchange Coins.ph is rumored to have suffered a hack that resulted in the potential loss of 12.2 million XRP, equivalent to $6 million. However, some of the funds have already been…
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1 year, 1 month agoCoinbase's Chief Legal Officer Optimistic About Approval of Spot Bitcoin ETF by SEC
Coinbase’s Chief Legal Officer, Paul Grewal, is optimistic about the approval of a Spot Bitcoin Exchange Traded Fund (ETF) by the United States Securities and Exchange Commission (SEC). In an interview with CNBC, G…
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1 year, 1 month agoSEC Drops Aiding and Abetting Charges Against Ripple Executives in Landmark Decision
The U.S. Securities and Exchange Commission (SEC) has dropped its aiding and abetting charges against Ripple’s top executives, CEO Brad Garlinghouse and co-founder Chris Larsen. The charges were related to the S…
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1 year, 1 month agoLBRY Inc. Shuts Down Amid SEC Legal Battle, Raising Concerns Over Crypto Regulation
LBRY Inc., a cryptocurrency platform, has announced its closure following a legal battle with the Securities and Exchange Commission (SEC). The SEC charged LBRY with conducting an unregistered securities offering…
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1 year, 1 month agoSecurity Researcher Steps Down from Lightning Network Development Citing Security Issues and Challenges to Bitcoin Ecosystem
Security researcher and developer Antoine Riard has announced his departure from the Lightning Network’s development due to security concerns and fundamental challenges to the Bitcoin ecosystem. Riard believes t…
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1 year, 1 month agoCoinbase Establishes EU MiCA Hub in Ireland to Drive Growth Across Europe
Coinbase, a leading cryptocurrency exchange, has chosen Ireland as its hub for the European Union’s Markets in Crypto-Assets (MiCA) regulation. This decision will allow Coinbase to utilize its existing i…
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1 year, 1 month agoUS Treasury Urges Financial Institutions to Combat Hamas Funding, Including Crypto Streams
The Financial Crimes Enforcement Network (FinCEN), an agency at the U.S. Department of the Treasury, has issued an alert urging financial institutions to actively combat potential funding sources for Hamas. The…
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1 year, 1 month agoLBRY Inc. Shuts Down Amidst Debt and SEC Confrontations, Odysee Blockchain Remains Operational
The blockchain company LBRY Inc. has announced its decision to shut down due to mounting debts and conflicts with the Securities and Exchange Commission (SEC). This news has had a significant impact on the…
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1 year, 1 month agoGrowing Interest in Spot Bitcoin ETFs Signals Potential Approval in 2024
The potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States is generating excitement among investors, as reflected in the surge of Google searches for this innovative financial…
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1 year, 1 month agoBinance to Discontinue Crypto Visa Debit Card Services in Europe
Binance, the leading global cryptocurrency exchange, has announced that it will be shutting down its crypto-powered Visa debit card services in the European Economic Area (EEA) in December. The closure of the card…
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1 year, 1 month agoFTX Founder's Former Counsel Reveals Request for "Legal Justifications" in Missing Billions Scandal
FTX’s former general counsel, Can Sun, has testified in court about the events surrounding the wave of withdrawals in November 2022. He revealed that founder Sam Bankman-Fried asked him to come up with “legal jus…
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1 year, 1 month agoCoinbase's Chief Legal Officer Confident in Approval of US Bitcoin ETF
Coinbase’s Chief Legal Officer, Paul Grewal, is confident that a U.S. Bitcoin exchange-traded fund (ETF) will be approved soon after the Securities and Exchange Commission (SEC) suffered a legal setback. A judge r…
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1 year, 1 month agoPro-XRP Lawyer Wishes SEC the Worst in Penalties Phase of Litigation
In a series of posts on social media platform X, a pro-XRP lawyer expressed his disdain for the Securities and Exchange Commission (SEC) and wished them the worst in the ongoing litigation against Ripple. The…
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1 year, 1 month agoDormant Ethereum ICO Participant Transfers $3.2 Million Worth of ETH After 8 Years
An Ethereum ICO participant, who had been dormant for over eight years, recently transferred their pre-mined stash of Ether tokens to different addresses. The address received 2,000 ETH during the ICO in 2014, and…
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1 year, 1 month agoHong Kong Customs to Strengthen Regulations Against Crypto Money Laundering After JPEX Scandal
Hong Kong’s Customs and Excise Department is taking steps to address the money-laundering risks associated with cash-for-crypto shops in the wake of the JPEX scandal. These shops, which operate without licensing o…
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1 year, 1 month agoCrypto Lobby Group Supports Binance.US in SEC Lawsuit, Citing Hostile Regulatory Environment
Binance.US, a cryptocurrency exchange, has received support from the US Chamber of Digital Commerce in its ongoing legal battle against the US Securities and Exchange Commission (SEC). The lobbying group argues…
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1 year, 1 month agoChamber of Digital Commerce Joins Forces to Challenge SEC Lawsuit Against Binance
The Chamber of Digital Commerce has joined forces with other digital asset companies, legal entities, and lawmakers to challenge the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Binance. The C…
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1 year, 1 month agoElon Musk and Mark Cuban Challenge SEC's In-House Trials, Citing Unfairness and Violation of Rights
Elon Musk and Mark Cuban are teaming up to challenge the Securities and Exchange Commission’s (SEC) practice of conducting in-house trials without juries. They argue that these administrative proceedings often l…
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1 year, 1 month agoUS Chamber of Digital Commerce Challenges SEC's Case Against Binance, Citing Regulatory Hostility
The U.S. Chamber of Digital Commerce has filed a motion to dismiss the Securities and Exchange Commission’s (SEC) case against Binance, comparing it to suing a grocery store. The lobby group argues that the S…
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1 year, 1 month agoBinance to Shut Down Crypto Card Services in Europe Amid Regulatory Pressure
Binance, the world’s largest cryptocurrency exchange, has announced that it will be shutting down its crypto card services in the European Economic Area (EEA). This decision comes as Binance faces increasing r…
