Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M

Genesis and Gemini have been embroiled in a public and legal feud since the collapse of FTX.

Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M

Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million, according to a court filing late on ...

10 months ago

Apple Sued for Limiting P2P Payments Via Crypto And Other Methods

The class-action lawsuit claims Apple’s restriction of crypto payments may violate anti-trust laws.

Apple Sued for Limiting P2P Payments Via Crypto And Other Methods

Apple has been accused of non-competitive practices regarding payment methods used on their devices several times in the past. The most notable example of the Cupertino electronics man...

10 months ago

Blockchain Association files support in suit to lift Tornado Cash sanctions

The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools.

Blockchain Association files support in suit to lift Tornado Cash sanctions

The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury’s Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer ...

10 months ago

Security firm dWallet Labs flags validator vulnerability that could affect $1B in crypto

Validator service provider InfStones disagreed and told Cointelegraph that “nothing close to $1 billion in assets would be at risk,” even in the worst-case scenario.

Security firm dWallet Labs flags validator vulnerability that could affect $1B in crypto

Blockchain security firm dWallet Labs recently disclosed a vulnerability that it claims could affect up to $1 billion worth of crypto, with assets such as Ether ETH $2,015 Aptos&n...

10 months ago

Bittrex Global to Halt All Trading in December as it Winds Down Operations

Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks.

Bittrex Global to Halt All Trading in December as it Winds Down Operations

Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users will only be able...

10 months ago

Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

Betters on decentralized prediction platform Polymarket really aren't sure if Sam Altman will be coming back as OpenAI's chief executive amidst ongoing corporate drama. On Poly...

10 months ago

Chinese Police Bust $140 Million Crypto Money Laundering Ring

Chinese Police Bust Massive Crypto Money Laundering Gang

Chinese Police Bust $140 Million Crypto Money Laundering Ring

China’s law enforcement agency in Wuhan arrested 27 individuals involved in a sophisticated crypto money laundering and crime operation involving 1 billion yuan, approximately $140 million...

10 months ago

US SEC sues Kraken crypto exchange over failure to register

Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first registering with the regulator.

US SEC sues Kraken crypto exchange over failure to register

The lawsuit in San Francisco federal court is the latest step in SEC Chair Gary Gensler's push to bring cryptocurrency under his agency's purview, by contending that digital assets are i...

10 months ago

Crypto exchange Bullish buys news website CoinDesk

Cryptocurrency exchange Bullish said on Monday it has acquired crypto news website CoinDesk from Barry Silbert's Digital Currency Group (DCG).

Crypto exchange Bullish buys news website CoinDesk

Financial terms of the deal, which was first reported by the Wall Street Journal, weren't disclosed. CoinDesk, which was launched in 2013 and bought by DCG three years later, will ...

10 months ago

Tech firm Republic taps Avalanche for profit-sharing investment note

The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets.

Tech firm Republic taps Avalanche for profit-sharing investment note

Neo-investment and technology firm Republic plans to issue a blockchain-based security token that will pay dividends to retail investors from profits across its broad portfolio of investment hol...

10 months ago

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