United States

US judge concerned Block.one lawsuit ‘motivated by high legal fees’
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10 August, 2020

US judge concerned Block.one lawsuit ‘motivated by high legal fees’

The lead plaintiffs had filed incomplete and inaccurate information with the court, including unsubstantiated accusations against Block.one.
Telegram is not for sale, founder says
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7 August, 2020

Telegram is not for sale, founder says

Founder and CEO Pavel Durov has denied reports that he’s in talks with a Russian tech company to offload the...
Lawmakers urge ‘proactive policy’ for taxing digital currency staking rewards
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7 August, 2020

Lawmakers urge ‘proactive policy’ for taxing digital currency staking rewards

In a letter to the IRS, the lawmakers explain how taxing staking rewards as income could lead to excessive tax...
US securities regulator shopping for a smart contract analysis tool
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7 August, 2020

US securities regulator shopping for a smart contract analysis tool

The smart contract analysis tool will detail and analyze code within blockchain and other distributed ledger technologies.
US authorities seize $6.5M in Banana Fund Ponzi scam
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5 August, 2020

US authorities seize $6.5M in Banana Fund Ponzi scam

Federal investigators found Banana Fund had been siphoning off investor funds to finance the administrator’s digital currency speculation.
Digital currency pivot costs Longfin $223 million
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4 August, 2020

Digital currency pivot costs Longfin $223 million

A New York court has ruled that Longfin Corp. owes its investors over $223 million in a default judgment against...
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