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CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a deal Lamb struck with early BTC evangelist Roger Ver.

Hobbled Crypto Exchange's Creditors Are Suing Its CEO and Want to Claw Back Money From 'Bitcoin Jesus'

In early 2023, CoinFLEX CEO Mark Lamb was in search of a life rope. His Seychelles-based crypto exchange had just filed for restructuring, and a last-ditch attempt to save the com...

10 months ago

JPMorgan Chase & Co.’s digital token, JPM Coin, currently handles $1 billion worth of daily transactions, Global Head of Payments, Takis Georgakopoulos revealed.

JPMorgan’s JPM Coin Facilitates $1 Billion in Daily Transactions as Banking Giant Targets Cross-Border Settlements

Georgakopoulos revealed in an interview on Bloomberg Television that JPM Coin is currently transacted daily, primarily in US dollars. He further emphasized the bank’s commitment ...

10 months ago

Arthur Hayes, co-founder of crypto derivatives exchange BitMEX, believes the recent rally in the crypto market is not solely driven by anticipation of a spot Bitcoin (BTC) ETF.

BitMEX Co-Founder Arthur Hayes Says Bitcoin is Rallying on "Fears of Global Wartime Inflation"

In a Tuesday essay titled "The Periphery," Hayes attributed the surge in the crypto market to the costs associated with hawkish U.S. foreign policy, particularly in relation ...

10 months ago

Israel's Proposed Crypto Account Restrictions as a Means to Halt Hamas Financing

Israel Might Block Crypto Accounts to Freeze Hamas Funding: Does This Still Keep Crypto Decentralized?

Cryptocurrencies emerged with the tantalizing promise of financial autonomy and decentralization. However, the ongoing Middle East conflict has thrust this promise into the spotlight, igniting d...

10 months ago

The Digital Financial Assets Law will take effect on July 1, 2025.

California 'BitLicense' Bill Signed by Gov. Newsom

California Governor Gavin Newsom signed a crypto licensing bill on Friday, set to take effect in July 2025. Considered California's answer to New York's "BitLice...

10 months ago

US prosecutors have accused three high-profile cryptocurrency firms of defrauding investors of more than $1bn.

Top crypto firms named in $1bn fraud lawsuit

New York Attorney General Letitia James said Gemini, a crypto exchange, had lied to customers about the risks of an investment account it offered, which paid high interest rates on crypto. ...

10 months ago

The Belt and Road Announcements Included Digital Currency Agreements

Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation

The Central Banks of China and the United Arab Emirates (UAE) have recently signed memoranda of understanding (MoUs) relating to digital currencies during the third "Belt and Road" Int...

10 months ago

“Thank you to everyone who fought with us for online freedom,” the LBRY team said.

‘This will be our last post’ — LBRY throws in towel against the SEC

Blockchain company LBRY — the creators of the LBRY blockchain — has issued its final message to the crypto community, citing “several million dollars” of debts that have ...

10 months ago

Securities and Exchange Commission (SEC) Chairman Gary Gensler recently commented on the application status of numerous Bitcoin spot ETF applications.

SEC chairman Gensler confirms ongoing review of Bitcoin ETFs

SEC Chairman Gary Gensler confirmed that the regulator reviews numerous Bitcoin spot ETF applications. While mentioning eight or nine such applications, Gensler emp...

10 months ago

Cryptocurrencies will “never be legalized in Pakistan,” said Minister of State for Finance and Revenue Aisha Ghaus Pasha.

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

Pakistan's government has hardened its stance against cryptocurrencies, even as retailers continue to hedge their financial bets against a devaluing Pakistani rupee partly due to a volatile ...

11 months ago

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Crypto for Women

Hobbled Crypto Exchange's Creditors Are Suing Its CEO and Want to Claw Back Money From 'Bitcoin Jesus'

JPMorgan’s JPM Coin Facilitates $1 Billion in Daily Transactions as Banking Giant Targets Cross-Border Settlements

BitMEX Co-Founder Arthur Hayes Says Bitcoin is Rallying on "Fears of Global Wartime Inflation"

Israel Might Block Crypto Accounts to Freeze Hamas Funding: Does This Still Keep Crypto Decentralized?

California 'BitLicense' Bill Signed by Gov. Newsom

Top crypto firms named in $1bn fraud lawsuit

Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation

‘This will be our last post’ — LBRY throws in towel against the SEC

SEC chairman Gensler confirms ongoing review of Bitcoin ETFs

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

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