Lawsuits Pile Up at End of Digital Asset Markets’ Rough 2022
https://www.youtube.com/watch?v=lWL-yS0PtdM 2022 was generally a rough year for digital asset markets. In May, the Terra stablecoin depegged, causing the Terraform...
Cryptocurrencies
U.S. Judge Recuses Herself From Sam Bankman-Fried Fraud Case
U.S. District Judge Ronnie Abrams recused herself from the Sam Bankman-Fried fraud case due to a potential conflict of interest....
Visa Promotes Idea of Recurring Payments for Ethereum
https://www.youtube.com/watch?v=Osc_gwNW3Fw In a blog post published on December 19, 2022, Visa described a system for automated Ethereum payments using the...
FTX Attempting to Consolidate Cash Into Approved Bank Accounts
https://www.youtube.com/watch?v=94FNoGipzsk During a recent creditors’ meeting, FTX management revealed that it is working on consolidating about $1.2 billion in cash...
Sam Bankman-Fried Arrested in Bahamas
https://www.youtube.com/watch?v=QrNCA-9sTSg Sam Bankman-Fried was arrested in the Bahamas and is likely to be extradited to the United States, where he...
Ethereum Developers Set Staked Ethereum Withdrawals for March 2023
https://www.youtube.com/watch?v=_shGuDfacVc Even before the Merge activated in September 2022, Ethereum stakers have been asking, "When unstaking?" Now Ethereum developers have...
Ledger Hires iPod Creator Tony Fadell for New Hardware Wallet Model
https://www.youtube.com/watch?v=nNsSO7S8buk Remember the iPod? If you're used to using Apple's mobile devices, Ledger's upcoming hardware wallet is likely to have...
South Korea Drops Arrest Warrant for Terra Co-Founder Daniel Shin
A South Korean court has dropped an arrest warrant for a less well-known Terraform Labs co-founder, Daniel Shin. "Considering the...
CFTC Chairman Calls for Overhaul of Crypto Regulation Bill
https://www.youtube.com/watch?v=OZC_9o0nYww During testimony at a hearing held by the Senate Agriculture Committee, CFTC Chairman Rostin Behnam called for an overhaul...
Ethereum Foundation Begins Shutdown of Ropsten Testnet
The Ethereum Foundation began winding down the Ropsten Testnet and expects to complete the shutdown by the end of December....
Coinbase Foils Extortion Attempt
Coinbase fended off a blackmail attempt from a malicious actor who threatened to expose customer records if the exchange didn’t...
Hodlnaut Faces Investigation Over UST Holdings
https://www.youtube.com/watch?v=8N-2csF2kcs Singapore’s Commercial Affairs Department (CAD) announced an investigation into Hodlnaut’s crypto holdings. It alleges that Hodlnaut downplayed his holdings...
NYAG Opposes Bills to Remove Obstacles to Adding Crypto to Retirement Accounts
https://www.youtube.com/watch?v=HzazKecoHJw The New York Attorney General’s office issued a statement opposing two bills working their way through Congress that would...
Lawsuit Alleges Treasury Falsely Labeled Tornado Cash a Security Risk
Six cryptocurrency users filed a lawsuit against the U.S. Department of the Treasury. The lawsuit alleges that a subdivision of...
New York Governor Signs Two-Year Moratorium on Crypto Mining
https://www.youtube.com/watch?v=M-Phh5U-ylc New York Governor Kathy Hochul signed a bill imposing a two-year moratorium on certain types of cryptocurrency mining, citing...
U.S. State-Level Securities Regulators Probing Genesis Global Capital
https://www.youtube.com/watch?v=VI7JmbZbT7U Alabama Securities Commission Director Joseph Borg indicated that Alabama is participating in a multi-state effort to probe Genesis Global...
UK Court Rules Bitcoin.org Owner Must Unmask to Defend Against Court Case
https://www.youtube.com/watch?v=E_ff4BxbUBU The London High Court ruled that the Bitcoin.org owner, Cøbra, must reveal their identity to contest the legal costs...
Genesis Global Capital Exploring Options Including Bankruptcy
https://www.youtube.com/watch?v=mfQk_cPkc8M Genesis Global Capital hired an investment firm named Moelis & Company to explore options, including a potential bankruptcy. Since...
FTX Bankruptcy Judge Approves Redaction of FTX Creditors
https://www.youtube.com/watch?v=VuEaZSmjCJs The presiding judge in the FTX bankruptcy case, John Dorsey, approved FTX’s request to redact its creditors. A legal...
BlockFi Prepares to File for Bankruptcy Amid FTX Collapse Fallout
BlockFi is currently preparing to lay off employees and file for Chapter 11 bankruptcy as the fallout from FTX's rapid...
Sam Bankman-Fried Steps Down as FTX CEO as FTX Declares Bankruptcy
https://www.youtube.com/watch?v=0h9BTRU_0hM FTX capped a rough week for crypto by filing for Chapter 11 bankruptcy in a United States court. Sam...
Twitter Files Registration for Money Transmitter Business
A new regulatory filing with the U.S. Treasury Department Financial Crimes Enforcement Network (FinCEN) unveiled “Twitter Payments LLC,” a subsidiary...
Binance Walks Away From FTX Acquisition
https://www.youtube.com/watch?v=PWaPHkGzzDs Yesterday, Binance CEO Changpeng Zhao (“CZ”) announced a non-binding letter of intent to acquire FTX. Now he says the...
Binance Signs Letter of Intent to Buy FTX
The day after Binance CEO Changpeng Zhao (“CZ”) announced that the exchange was liquidating its FTT holdings, he announced that...
Department of Justice Scores Big in Dark Web Fraud Case
https://www.youtube.com/watch?v=DIuWx-xwhzg When someone defrauds a Dark Web platform used to buy and sell illegal goods, is he a hero or...
LBRY Loses Case Brought by SEC
https://www.youtube.com/watch?v=R22jyp6e6FA LBRY lost a case brought by the SEC in which the regulatory agency claimed that LBRY's tokens were a...
Binance Plans to Liquidate FTT Tokens
https://www.youtube.com/watch?v=Im3vJNFhxD0 Binance CEO Changpeng Zhao ("CZ") announced plans to liquidate Binance's FTT holdings. He cited "recent revelations that have come...
Circle to Launch Euro-Backed Stablecoin on Solana Network
https://www.youtube.com/watch?v=Js6kJltreb0 Circle already has the U.S. Dollar-backed stablecoin, USD Coin (USDC). Now it plans to launch an European version, the...
SEC Subpoenas Hint at Investigation Into HEX, PulseChain, and PulseX
https://www.youtube.com/watch?v=kfZe31DIeS0 The SEC has issued subpoenas to influencers who may have promoted HEX, PulseChain, and/or PulseX. The subpoenas demand that...
Coinbase Backs Ripple in Legal Defense Against the SEC
https://www.youtube.com/watch?v=-REi7h_wc2k Ripple’s legal team has been fighting the SEC’s allegations that it and its founders conducted illegal security token sales...
MakerDAO Co-Founder Dies in Puerto Rico
MakerDAO co-founder Nikolai Muchgian died in Puerto Rico on the morning of October 28, 2022. According to official reports, he...
Synonym Launches New Bitcoin Wallet App
https://www.youtube.com/watch?v=gJYPfQIaowQ Synonym CEO John Carvalho announced a new bitcoin wallet app at Tether's Plan B conference. Synonym says it is...
Binance Now Owns Stake in Twitter, Will Help With Blockchain Development
https://www.youtube.com/watch?v=uNZWsJIF7kc Twitter has been taken private in a deal led by Elon Musk. Although he really created a lot of...
Bank of America Downgrades Meta Over Spending on Broken Metaverse
https://www.youtube.com/watch?v=YPThN_wrlJo Bank of America downgraded Meta (NASDAQ:META) from “buy” to “neutral” over ad spending and Meta’s high spending on metaverse...
Hodlnaut Wins Case Against Craig Wright in Norway
https://www.youtube.com/watch?v=dvcYlnO-KMc Craig Wright has been filing lawsuits against many long-standing influential figures in the digital asset space in his quest...
Lawmakers Question Texan Power Grid Manager’s Subsidies for Crypto Miners
https://www.youtube.com/watch?v=3mCfbxa3pBs Politicians and environmental activists seem to absolutely loathe Bitcoin, often citing the energy that gets used for bitcoin mining....
Google Selects Coinbase Commerce to Process Crypto Payments for Cloud Services
https://www.youtube.com/watch?v=QnM1-zus1FY The Internet giant Alphabet, parent company of Google, selected Coinbase Commerce to integrate cryptocurrency payments for Google Cloud. This...
BNB Chain Launches Incubator for Web3 Companies
Binance's BNB Chain will host an incubator for European Web3 companies that are developing decentralized apps (dApps) on its blockchain....
Crypto.com Layoffs Worse than Previously Reported
https://www.youtube.com/watch?v=9hBC5TVdYT8 In February 2022, Crypto.com's "Fortune Favors the Brave" commercial became one of several crypto companies' ads that played during...
Iranian Blockchain Educator Arrested Amid Anti-Morality Police Protests
A friend of popular Iranian blockchain educator Ziya Sadr says he was arrested on the streets on September 19, 2022,...
About Capital Management to Acquire Majority Stake in Huobi Global
https://www.youtube.com/watch?v=8VAMCTLzFcw In August 2022, Huobi Global founder Leon Li was looking to unload his 60% stake for $1 billion. He...
Cooperation Between U.S., Brazil Cracks International Crypto Fraud Ring
An investigation by the United States’ Homeland Security Investigations (HSI) and the Brazilian Federal Police led to arrests in connection...
Attacker Steals $570 Million in BNB Tokens in BNB Chain Exploit
https://www.youtube.com/watch?v=w3Q-_nQGo58 Binance’s token bridge between the BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20 or BSC) became the latest...
Kim Kardashian Fined in Crypto Promotion Case
The SEC fined Kim Kardashian $1.26 million in a settlement of charges related to her promotion of EthereumMax. It alleges...
Governor Gavin Newsom Vetoes Californian Version of BitLicense
https://www.youtube.com/watch?v=yIQNRFALhcg Governor Gavin Newsom vetoed a bill that would have required Californian businesses that facilitate crypto transactions to register as...
U.S. Treasury Calls for Public Comment on Illicit Use of Crypto
https://www.youtube.com/watch?v=gUVn3zMCjxM The United States' Department of the Treasury issued a request for comment on the ways that crypto might be...
Do Kwon Faces Likely Arrest in South Korea
https://www.youtube.com/watch?v=ZvzwpbFSi44 On September 14, a South Korean court issued an arrest warrant for Terraform Labs founder Do Kwon. The South...
Boson Protocol Raises $10m to Enable Decentralized Commerce Ecosystem
London, England — 11 March, 2021 — Boson Protocol, the project pioneering a capture resistant dCommerce ecosystem using NFTs encoded...
Cosmos Launches Special Bug Bounty Program, Doubling Rewards
https://www.youtube.com/watch?v=Eb8xkDi_PUg&feature=youtu.be Baar, Switzerland — 8 October, 2020 — Cosmos, the interoperable blockchain ecosystem, has increased its incentives for their bug bounty program for...
Filecoin Launches Incentivized Testnet with Rewards Totalling Four Million Filecoin Tokens
San Francisco, California — 10 June 2020 — Filecoin, the world’s largest decentralized storage network, has announced the details of...
