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 ...

9 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 ...

9 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...

9 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...

9 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...

9 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 ...

9 months ago

Fund Manager WisdomTree Reportedly Refiles Spot Bitcoin ETF to SEC

Asset manager WisdomTree is attempting to resubmit a spot Bitcoin (BTC) exchange-traded fund (ETF) despite previous rejections.

Fund Manager WisdomTree Reportedly Refiles Spot Bitcoin ETF to SEC

The company filed an amendment with the US Securities and Exchange Commission (SEC), according to Bloomberg ETF analyst James Seyffart. “This just means WisdomTree is still plann...

10 months ago

Ukraine officials get training on crypto and virtual assets investigation

The officials from Ukraine were trained in tracing crypto transactions over different blockchains using specialized analytics software.

Ukraine officials get training on crypto and virtual assets investigation

Fourteen Ukrainian officials received advanced training on investigating new-age financial crimes in a training course held from Nov. 14 to Nov. 17 in Vienna. According to a repor...

10 months ago

Aave Rebrands to Avara, Announces Latest Acquisition in Web3

Aave has announced its rebranding to Avara and the acquisition of Los Feliz Engineering, a Los Angeles-based web3 startup.

Aave Rebrands to Avara, Announces Latest Acquisition in Web3

Los Feliz Engineering, the acquired startup, is recognized for its development of the self-custody Ethereum wallet Family and the developer library ConnectKit. This acquisition brings Family and...

10 months ago

Turkey mulls addressing licensing and taxation in new crypto rule

Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse.

Turkey mulls addressing licensing and taxation in new crypto rule

Turkey is reportedly considering regulations for its crypto market, focusing on licensing and taxation. The aim is to remove the country from the “gray list” of an international fina...

10 months ago

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