Coinbase faces new lawsuit over alleged investor deception
The lawsuit claims that Solana, Polygon, Near, Decentraland, Algorand, Uniswap, Tezos and Stellar Lumens tokens are securities. Source link
BTC-e founder pleads guilty in $9 billion laundering conspiracy
A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors. Source link
Nigerian fintechs crack down on crypto, users face account blocks
The CBN’s attitude to crypto has been inconsistent in recent years and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening. Source link
DOJ challenges motion to dismiss Tornado Cash co-founder’s charges
According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses. Source link
Taiwan prosecutors target 20-year sentences for ACE exchange suspects
According to the prosecutors, the increased scale of the losses justifies the sentence recommendation. Source link
Nigeria puts faith in new crypto-friendly regulator
Nigeria’s president appointed the new SEC Chair to regulate the capital market, bolster investor confidence, and advance economic development. Source link
UK Legislators urge caution in retail digital pound rollout
British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an equilibrium between technological advancements and potential drawbacks. Members of the Treasury Select Committee have expressed reservations regarding the possible launch of a retail digital pound, underscoring the need for thoughtful examination before execution. Despite recognizing […]
BitMEX co-founder predicts Bitcoin surge amid dollar liquidity rise
BitMEX co-founder Arthur Hayes is bullish on Bitcoin (BTC). Hayes shared his thoughts on X Alongside a chart depicting net reverse repurchase agreement (RRP) and treasury general account (TGA) balance changes, Hayes referred to United States Treasury Secretary Janet Yellen as “Bad Gurl Yellen.” In the X post, Hayes encouraged fellow Bitcoin enthusiasts to stay focused, […]
Former Bithumb chair faces 8-year imprisonment
Lee Jeong-hoon, the former chair of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a legal battle and might face an eight-year prison sentence, with a verdict scheduled for Jan. 18, 2024. According to Korean local media reports, prosecutors contend that Lee intended to revamp Bithumb’s governance to gain from […]
XRPL’s fixReducedOffersV1 upgrade initiates 80% consensus countdown
The “fixReducedOffersV1” amendment is now in a two-week activation countdown phase, having garnered approval from over 80% of validators. This amendment signals a significant upgrade for XRPL. XRP Ledger (XRPL) is set to introduce additional features in the upcoming weeks. As per XRPScan, users relying on rippled v1.11.0 or earlier versions are advised to update […]