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Crypto Fraud Trial Involving Alleged $116M Theft Postponed to April 2024
November 4, 2023
The trial of Avraham Eisenberg, the alleged fraudster behind the $116 million exploit of Mango Markets, has been postponed until April 8, 2024. Originally scheduled to commence in December, lawyers …
Read moreRussian National Sanctioned by US Treasury for Crypto Money Laundering
November 4, 2023
The US Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on Russian national, Ekaterina Zhdanova, who is reportedly involved in money laundering and transferring funds using cryptocurrency on …
Read moreBitcoin Remains Stable Above $34K in Light of Unexpected U.S. Unemployment Uptick
November 4, 2023
Despite Unexpected Employment Data, Bitcoin Holds Steady Contrary to consensus expectations, the latest U.S. jobs data, consisting of unemployment and non-farm payroll figures, has shown a surprise uptick. While the …
Read moreCrypto Industry Reacts as Sam Bankman-Fried Faces Guilty Verdict
November 4, 2023
Following the conclusion of a trial presided over by Judge Kaplan in New York, the jury found Sam Bankman-Fried guilty on all charges. This has sparked a significant reaction within …
Read moreLearn Concept: Decentralized Autonomous Organizations (DAOs) Legalised in Abu Dhabi
November 4, 2023
IntroductionRecently, the Abu Dhabi Global Market (ADGM) created a unique legal framework for digital asset entities, including Decentralized Autonomous Organizations (DAOs). This move demonstrates a huge step towards Abu Dhabi …
Read moreOpenSea Shrinks Workforce by 50% Ahead of 2.0 Launch
November 3, 2023
Leading Nonfungible token (NFT) marketplace, OpenSea, has announced a significant downsizing of its staff in anticipation of its OpenSea 2.0 launch. CEO Devin Finzer, without revealing specifics, stated that approximately …
Read moreBitcoin Magazine Facing Trademark Infringement Allegations from Federal Reserve
November 3, 2023
Bitcoin Magazine, a renowned cryptocurrency-focused publication, is allegedly facing legal action from the United States Federal Reserve over supposed trademark infringements. The core issue lies in the use of the …
Read moreAbu Dhabi Paves Way for DAOs and Web3 with DLT Regulations
November 3, 2023
Abu Dhabi Global Market (ADGM) announced its initiative of a first-of-its-kind legal framework for digital asset entities, including Decentralized Autonomous Organizations (DAOs) with the launch of Distributed Ledger Technology (DLTs) …
Read moreSolana Experiences Price Dip and Rally, Influenced by Exchange Transfers and Coinbase Buyers
November 3, 2023
Solana (SOL), a major player in the crypto realm, has experienced dynamic price activity within a period of two weeks. SOL's price dipped by 5% in the wake of large …
Read moreBlock Witnesses Major Q3 Revenue Growth with Strong Bitcoin Profits
November 3, 2023
Block, the company previously known as Square and led by Jack Dorsey, reported a triumphant third quarter with significant growth in its Bitcoin-related business. As per the recently released earnings …
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