Category : EthereumWorldNews

EthereumWorldNews

Former FTX Executive Investigated For Suspected Campaign Funding Crimes

Ex-congressional candidate Michelle Bond received at least $54,000 from Ryan Salame and other former FTX employees during her campaign in 2022.Federal prosecutors are now looking into the money Bond received from boyfriend Salame and up to $880,000...

Arkham’s Exchange Will Not Support Off-Chain Intel Trading, Company Speaks On “Dox-To-Earn” Concerns

Tuesday’s press release is in response to concerns from the community calling Arkham’s new product a “dox-to-earn” exchange.Arkham said its Intel Exchange will not support trading off-chain information like phone numbers, hou...

Aave DAO Floats Proposal To Launch Stablecoin GHO On Ethereum

Aave V3 users will be able to mint GHO tokens on Ethereum’s mainnet if the proposal is approved by the community.The proposal also suggested using staked Aave coins as a way to cut down GHO borrowing costs and incentivize users to mint the sta...

Paradigm Files Amicus Brief In SEC’s Lawsuit Against Bittrex

Paradigm has filed an amicus brief in the SEC’s lawsuit against crypto exchange Bittrex.& The crypto investment firm challenged the securities regulator’s jurisdiction over crypto secondary markets.& Paradigm highlighted previous statements...

Microstrategy Stock Soars 7% After Berenberg Says Bitcoin Halving May Trigger Rally

The share price of software firm Microstrategy increased by 7% following a recent projection by Berenberg.& The investment bank believes that next year’s Bitcoin halving could trigger a rally in Microstategy’s stock (MSTR).& Berenburg’s curr...

Crypto Exchange BitOasis Faces Enforcement Actions From Dubai Regulator

Dubai’s Virtual Assets Regulatory Authority has initiated enforcement action against UAE-based crypto exchange BitOasis.& The local regulator reprimanded the exchange for failure to comply with mandated regulatory conditions.& & VARA has...

Grayscale Writes To US Court Over SEC’s Unequal Treatment Of Bitcoin ETFs

Grayscale Investments has called out the SEC for approving Bitcoin futures ETFs over spot Bitcoin ETFsThe DCG subsidiary recently penned a letter to a Columbia court to highlight the SEC’s unequal treatment of BTC-based ETFs.& Grayscale’s letter...

Former SEC Chair Jay Clayton Bullish on Bitcoin ETF Approval

Former SEC Chair Jay Clayton expressed strong belief in the approval of a Bitcoin ETF.Clayton stated that the Bitcoin market may have matured enough to warrant regulatory approval for an ETF.Clayton suggested that it would be difficult to resist...

Hong Kong Accountant Duped Of $128,000 In Tether, Police After Crypto Syndicate

Hong Kong police are searching for a crypto scammer operation after an account was conned of HK$1 million The 29-year-old victim was duped into accepting fake bank notes in exchange for $127,750 in Tether’s stablecoin USDT.Sources say the sour...

Arkham To Allow Users Buy And Sell Intel About Wallet Addresses

The “intel-to-earn” model will allow on-chain sleuths to monetize their skills and create a liquid market for blockchain information, Arkham said on Monday.Arkham said intel seeks can post bounties for wanted info and sleuths can offer up data throu...

Lawyers For Terra Co-Founder Daniel Shin Ask For More Time In Preliminary Hearing

Summary: Co-Founder of Terraform Labs Daniel Shin needs more time to mount his defense, lawyers told a Seoul Court on Monday.Shin’s April indictment alleges that the former Terra exec and seven other former company employees broke South Korea’s...

Shibarium to Launch in August: What This Means for $SHIB

Shiba Inu enthusiasts are eagerly anticipating the upcoming launch of Shibarium. The Layer 2 solution designed for the Shiba Inu ecosystem. Shibarium is anticipated to have a significant impact on reducing gas fees on the Shiba Inu network ultima...

Grayscale Adds Lido to DeFi Fund, Signaling Growing Institutional Interest in Liquid Staking

Grayscale Investments, the world’s largest digital asset manager, has added Lido (LDO) to its DeFi Fund (DFX).The addition of LDO to the Grayscale DeFi Fund demonstrates growing interest in liquid staking services.Liquid staking is growing in...

SEC Says Coinbase May Have Knowingly Violated Securities Laws

The United States SEC has filed a response to Coinbase’s motion to dismiss the lawsuit filed against it.& The securities regulator asserted that the crypto exchange may have knowingly violated securities laws.& The SEC said in its latest fil...

JPMorgan: SEC Approval of Spot Bitcoin ETF Unlikely To Be A Game Changer

A JPMorgan strategist believes that SEC approval for a spot Bitcoin ETF won’t be a game changer.& The banking giant has argued that similar products have existed in Canada and Europe.& The strategist pointed out that Bitcoin funds have...

Gemini Sues Barry Silbert And His Company DCG Alleging Fraud Against Earn Users

Summary: Barry Silbert, DCG, and Genesis knowingly committed fraud against Gemini customers, the lawsuit filed today alleges.Gemini insists that Genesis and DCG owe over $700 million to Earn users since late last year.The suit is the latest deve...

SEC Investigating DeFi Protocol BarnBridge, BOND Falls 8%

Summary: BarnBridge DAO was advised to cease all work related to the protocol and halt compensation to individual contributors.Legal counsel Douglas Park also told the team to close existing liquidity pools due to an ongoing investigation by the...

Binance’s CZ Dispels “FUD” Around Leadership Departures

Summary: Several senior executives including CSO Patrick Hillmann, SVP for compliance Steven Christie, and General Counsel Han Ng said they are leaving Binance.Mainstream media reported that these executives made the decision due to CZ’s respons...

Judge Forces Genesis And FTX Back To Negotiation Table Over $2 Billion Claim

The judge overseeing Genesis’ bankruptcy case has ordered the crypto lender and FTX back to the negotiation table.& Manhattan Judge Sean Lane wants both parties to exchange information about the dispute over $2 billion owed to FTX.& Judge La...

FBI Reportedly Raided Kraken CEO Jesse Powell’s Home Over Hacking Accusation

The FBI reportedly carried out a search at the residence of Kraken founder and CEO Jesse Powell.& The March 2023 search was over claims that Powell hacked and stalked a non-profit organization.& The FBI and federal prosecutors in California...

Binance’s Senior Executives Quit Over Changpeng Zhao’s Handling Of Investigations

Several senior executives at Binance have decided to quit the crypto exchange.The executive blamed their decision on CEO Changpeng Zhao’s handling of the investigation by the Justice Department.& The departed executives include CSO Patrick Hillm...

US Homeland Security Helps Bitfinex Recovers $315,000 Lost In 2016 Hack

Crypto exchange Bitfinex has managed to recover $315,000 that was lost in a hack in 2016.& The exchange recovered the funds with help from the U.S. Department of Homeland Security.The recovered funds will be redistributed among the victims of th...

Binance Recommends Coinmerce To Netherlands Users Amid Dutch Exit

Summary: Users in the Netherlands could choose to withdraw their funds from Binance to Coinmerce, Coinmerce CEO Jaap de Bruijn said in a blog post. The company chose Coinmerce as its local partner amid preparations to exit the Dutch market due t...

CFTC Finds Celsius And Alex Mashinsky Guilty Of Breaking US Rules

The United States CFTC has concluded that Celsius Network and its former CEO Alex Mashinsky broke US laws.& Attorneys in CFTC’s enforcement unit have determined that the defunct crypto lender misled investors.& The CFTC could file a federal...

BlackRock CEO Larry Fink Is Pro-Bitcoin, Calls It An International Asset

BlackRock CEO Larry Fink has taken a friendlier stance towards Bitcoin and the broader crypto space.& Fink described Bitcoin as an international asset that he would like to democratize.BlackRock is looking to work closely with regulators in the...

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