Business

Coin Recovery: UK Court of Appeal hears that blockchain engineers owe legal duties to their users
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8 December, 2022

Coin Recovery: UK Court of Appeal hears that blockchain engineers owe legal duties to their users

The U.K. Court of Appeal heard Tulip Trading’s arguments that blockchain engineers owe fiduciary and tortious duties to those who...
Hero Mining in the Philippines hit with unregistered digital mining firm warning
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8 December, 2022

Hero Mining in the Philippines hit with unregistered digital mining firm warning

The securities regulator said Hero Mining does not have the required license to offer investment contracts, warning members of the...
South Korean energy giant sets up $84 million fund to spur metaverse adoption
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8 December, 2022

South Korean energy giant sets up $84 million fund to spur metaverse adoption

In support of the government's strategic plan, Daesung Group set up a fund focusing on blockchain, AI, and extended reality...
Digital assets may get legal status in Ukraine via new regulatory framework
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8 December, 2022

Digital assets may get legal status in Ukraine via new regulatory framework

Taxation of digital assets was a key area of discussion among attendees, with the consensus being an amendment of the...
Nexo exiting US due to inability to run wild without supervision
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7 December, 2022

Nexo exiting US due to inability to run wild without supervision

Eight U.S. states had joined the existing number of states ineligible to partake of Nexo’s Earn Interest Product.
Silvergate slumps as US senators seek answers on FTX ties
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7 December, 2022

Silvergate slumps as US senators seek answers on FTX ties

Silvergate CEO Alan Lane slams “speculation and misinformation” on his firm's alleged instability following the FTX collapse, insisting that its...
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