A group of Italian and international investors have filed a class-action suit against major crypto exchange Binance, alleging the firm violated its own rules on futures trading. In a Tuesday announcement, Italy-based legal and consulting firm Lexia Avvocati said it would be taking legal action against Binance to recover damages […]
Two financial watchdogs in Beijing, the Beijing Local Financial Supervision and Administration Bureau and the Business Management Department of China’s Central Bank (PBoC) are shutting down firms that offer cryptocurrency-related services that enable crypto-trading. According to their joint statement, both regulators are implementing the crackdown on virtual currency transactions as […]
A man in Utah is the latest victim of a crypto scam. Brandon Larsen says that he downloaded what turned out to be a phony crypto application that ultimately cost him close to $400,000 in digital funds. Brandon Larsen Has Lost Quite a Bit to Scammers Larsen says that the […]
Dublin, Ireland, 6th July, 2021, Astra protocol, a revolutionary legal layer that brings unparalleled assurance to public blockchains, is excited to announce that the former European Commissioner for Trade, Phil Hogan, has joined its Advisory Board as an Executive Advisor. Phil has had an exceptionally successful political career. He brings […]
A report from Coindesk has revealed that Brazil’s ‘Bitcoin King’ Claudio Oliveira was arrested for allegedly embezzling $300 million. An official press release showed that the rest had come after law enforcement agents had carried out a three-year-long investigation. Law enforcement had been investigating the alleged fraudulent company founded by […]
Reiterating their stance on privately-issued cryptocurrencies, the Business Administration Department of the PBoC—China’s central bank, has “rectified” Beijing Tongdao Cultural Development Co. Ltd, as per sources on July 6. Beijing-based Software Provider Banned The software provider is suspected of offering services enabling cryptocurrency transactions against the directives of the PBoC, […]
Marshall Wace, a London-based hedge fund giant managing about $55 billion in assets, is reportedly planning a major move into cryptocurrency and blockchain investment. The hedge fund firm is preparing to launch a dedicated portfolio targeting investments in the digital asset industry, the Financial Times reported Tuesday. Citing anonymous people […]
Solrise Finance, a decentralized finance (DeFi) protocol for the Solana network, has successfully concluded a $3.4-million raise for its non-custodial asset management platform, offering further evidence that the venture capital world continues to seek broad exposure to the digital asset market. Some of the biggest venture capital names in blockchain […]
MicroStrategy CEO and Bitcoin evangelist Michael Saylor recently featured in an interview to share his insights into the global macro environment alongside Bitcoin (BTC) and crypto in general. Speaking about the risks related to volatility, Saylor said, “The people that invest in Bitcoin as traders — and they don’t, they […]
6th July 2021, British Columbia, Canada – Musée is an innovative new project by the Canadian company Inverted Studios, which has combined Ethereum blockchain technology with digital art to launch the world’s first NFT-owned marketplace platform. The launch begins Tuesday the 20th of July, 2021, where the 10,000 plots will […]
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