Markets
FTX's $21M Lawsuit Against LayerZero Labs
Bankrupt cryptocurrency exchange FTX has initiated a lawsuit against LayerZero Labs, a cross-chain protocol, aiming to recover $21 million in funds that were allegedly unlawfullySherry CantwellWeeks after it was declared 'dead', friend tech TVL reaches $20 million
The total value locked (TVL) in the decentralized social media platform Friend.tech has experienced a sudden and significant surge, tripling in just four days to surpass $20 million.Barry StidhamEU Banking Watchdog Proposes Rules for Stablecoin Liquidity
The European Banking Authority (EBA), the regulatory body overseeing banking activities in the European Union (EU),James DeanTech Breakthrough: HKEX-Listed Firm Unleashes $15M Bitcoin Fund
Beijing-based gaming and film production company Linekong Interactive, listed on the Hong Kong Stock Exchange (HKEX),Christopher SmithNFT Rug Withdrawal Class Action Cites ZachXBT Research
Canadian class action lawsuit against Boneheads, an NFT project, has allegedly involved a $3.1 million NFT pull, according to findings by independent blockchain investigator ZachXBT.Jerry McNeill
XDC Network Gains Foothold in Japan Through Partnership with SBI Subsidiary
Enterprise hybrid blockchain solution XDC Network (formerly XinFin) has expanded its presence in the Japanese market by partnering with SBI VC Trade, the cryptocurrency exchange subsidiary of Tokyo-based financial holding company SBI.Martha GrizzardBinance to delist privacy tokens in France, Italy, Spain and Poland
Cryptocurrencies will become less private in Europe as major exchange Binance prepares to delist all privacy coins from countries like France and Italy.Craig GreenTop Metaverse Real Estate Investments Suffer Huge Losses
Virtual land prices on some of the top metaverses have fallen sharply from their 2022 peak prices, most by around 90%.Hallie GillWhy is the cryptocurrency market rising? A very important week for the market eye
Cryptocurrency markets rose today, reflecting market participants' expectations that inflation is cooling ahead of U.S. CPI data.Craig GreenCrypto OG Erik Voorhees predicts bull market return
Cryptocurrency veteran Erik Voorhees predicts when Bitcoin (BTC) will enter its next bull run as it looks back to 2022.Sherry CantwellSingapore's National AI Strategy 2.0 Targets 15,000 Experts
The Singaporean government unveiled its updated National Artificial Intelligence Strategy 2.0Sherry CantwellSouth African Regulator May License 36 Crypto Firms in December
South Africa's primary financial regulatory body, the Financial Sector Conduct Authority (FSCA)Cornell RachelInvestor Frenzy: Coinbase, Marathon Surge Over 300% in 2023's 'Fire in the Cauldron
On December 4, publicly traded cryptocurrency companies surged to close the year in the green as Bitcoin hitHallie GillEl Salvador's Bitcoin Holdings Turn Profitable in a Swinging Portfolio
As per a post made by El Salvador’s President Nayib Bukele on December 4,James DeanGemini and Genesis File to Dismiss SEC Lawsuit Against Earn Products
Cryptocurrency exchange Gemini and bankrupt cryptocurrency lender Genesis Global Capital have jointly filed to have a lawsuit filed by the US Securities and Exchange Commission (SEC) dismissed.Jerry McNeillCrypto Influencer Named in FTX Lawsuit Via Tweeting Service
A cryptocurrency YouTuber has been sued over a tweet after a US court allowed the lawsuit, as lawyers claim they couldn't serve him in other ways.Sherry CantwellUK government targets fraudsters with new encrypted phone ban
Britain will ban the marketing of financial products including insurance and cryptocurrencies in a bid to combat fraud. The National Crime Agency estimates that fraud costs the country around £7 billion ($8.7 billion) a year.Jerry McNeillUS lawmakers introduce bipartisan bill that proposes ban on members investing in 'financial instruments'
Lawmakers from both parties in the US House of Representatives have backed a bill that would prohibit members of Congress, their spouses and dependents from trading or owning certain financial instruments — which could expand to investments in digital assets.Martha GrizzardEuropean DeFi startups see 120% growth in VC investment in 2022
2022 will be a tumultuous year for the cryptocurrency space, with an ongoing bear market and high-profile collapses of some of the industry's biggest players like Terra and FTX. Despite setbacks, venture capital (VC) investors continue to show support for crypto startups.Wayne IngramKraken Signs F1 Crypto Sponsorship Deal With Williams Racing
Despite the exodus of crypto sponsorship following last year’s high-profile debacle, Formula 1 teams may once again be keen on crypto advertising. On March 28, American cryptocurrency exchange Kraken announced a new sponsorship and Web3 deal with the Williams Racing F1 team.Christopher Smith
