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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

Senior public officials in South Korea’s Gyeonggi province have declared their cryptocurrency holdings.

Senior Public Officials in South Korea Declare Crypto Holdings

The disclosure comes as part of the province’s efforts to ensure transparency among its government employees to avoid conflict of interest. Gyeonggi province announced that ...

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

BTC hasn't seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals.

A Wild Few Minutes Drive Bitcoin Above $35,000 as ETF Excitement Starts to Thaw the Crypto Winter

It was exciting enough for crypto observers when bitcoin (BTC) topped $31,000 on Monday. And then its price went straight up. Late in the day, bitcoin took out $32,000, then ...

10 months ago

According to blockchain security analysts, the developers of the Safereum project suddenly sold more than 700 ETH worth of its native token, sending the price of SAFEREUM plummeting by more than 90%.

Rug pull feared as Safereum devs reportedly unlock and dump native token

The crypto community has been left fearing the worst after seeing huge sums of liquidity drained from the cryptocurrency project Safereum just hours after its team had finalized a massive $600,0...

10 months ago

Ether prices climbed today, rising to their loftiest value in more than two months as the digital currency markets enjoyed widespread gains.

Ether Prices Reach A 2-Month High As Crypto Markets Experience Broad Rally

The digital token, which is the native asset of the Ethereum network, rose to roughly $1,850 earlier tonight, according to Coinbase data provided by TradingView. The chart b...

10 months ago

Worldcoin Foundation Shifts Payment Method for Orb Operators to WLD Tokens, Updates Circulating Supply, and Extends Loan Agreements

Worldcoin to pay orb operators in WLD rather than USDC

The Worldcoin Foundation will soon pay orb operators, who scan people into the Worldcoin network, in WLD tokens rather than USDC stablecoins. The foundation expects to complete the transition by...

10 months ago

French Stores Rush to Adopt BTC, Crypto in 2023

Rise in Number of French Stores Accepting Bitcoin

A growing number of French stores are accepting Bitcoin as a form of payment – ranging from large shopping malls to traditional restaurants. The fast-growing group now includes B...

10 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

Senior Public Officials in South Korea Declare Crypto Holdings

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?

A Wild Few Minutes Drive Bitcoin Above $35,000 as ETF Excitement Starts to Thaw the Crypto Winter

Rug pull feared as Safereum devs reportedly unlock and dump native token

Ether Prices Reach A 2-Month High As Crypto Markets Experience Broad Rally

Worldcoin to pay orb operators in WLD rather than USDC

Rise in Number of French Stores Accepting Bitcoin

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