Coinbase hit with insider trading suit, launches Binance-lite derivatives exchange
The suit alleged that Coinbase directors knew their need to raise additional capital as early as December 2020 but chose to “deprioritize” this action.
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Binance’s Philippines ‘cybercrime’ partnership a disaster in the making
Binance has a well-deserved reputation of undermining local regulators by acting outside the rule of law when doing so improves the company’s bottom line.
Regulation required: Brazen multi-million-dollar hack of Luke Dashjr mirrors that suffered by Satoshi
BTC Core developer Luke Dashjr reported the theft of millions of dollars of BTC from a private server he operated. On new year's eve, four transactions moved 216.9 BTC—valued at $3.6 million.
Crypto Open Patent Alliance is rotten to the core
In the latest charges against COPA members, Kraken was charged by the SEC on November 20 over illegally selling digital asset securities and comingling customer and corporate funds.
Genesis and Gemini hit with SEC charges
The U.S. securities regulator has formally charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities in connection with the Gemini Earn digital asset lending program.
Senate committee digs into the burst FTX bubble
Wednesday's Senate hearing on the FTX debacle saw groups of speakers clash on whether there is a need to regulate the digital asset class or stop governments from interfering with the market.
Barry Silbert sweats as FBI probes Digital Currency Group’s financial transfers
FBI agents interviewed Cameron Winklevoss regarding allegations that Digital Currency Group boss Barry Silbert misrepresented the financial health of DCG’s now-bankrupt lending arm Genesis Global Capital.
CoinDesk sale rumors offer hope for truthful Bitcoin coverage
While Digital Currency Group shareholders were bracing for impact, Wall Street Journal revealed that DCG’s wholly-owned CoinDesk subsidiary was exploring a possible sale.
US taxman seeks $44 billion from what’s left of FTX/Alameda
The $44 billion claims sought by the IRS target the collapsed crypto empire of SBF, including entities such as West Realm Shires, Ledger Holdings, Paper Bird, and North Dimension, among others.
Block plots BTC mining, integrates Lightning, abets Blockstream
According to reports on October 25, Block had tapped Perry Hothi, former chief technology officer for Argo Blockchain PLC, to help spur Block’s BTC mining ambitions.
Oblivious Sam Bankman-Fried seeks access to FTX assets, execs
Prosecutors claim Sam Bankman-Fried's message to Ryne Miller and former FTX staff is "suggestive of an effort to influence" potential testimonies and a clear violation of standard bail conditions.
A glimpse into the future of Bitcoin
2024 rings in new hurdles for Bitcoin, with a new civil war likely erupting, all while giving ample space for silver linings such as the launch of Teranode and the steady fight for Satoshi's vision.