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CFTC Wins Lawsuit Against Ooki DAO In A ‘Precedent-Setting’ Ruling
Commodity Futures Trading Commission (CFTC) has won a case against the decentralized autonomous organization (DAO), Ooki DAO, in a landmark ruling that…
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Bybit, Binance Wave Goodbye To Canadian Market Due To Regulatory Shifts
Bybit has announced that the cryptocurrency exchange will halt its business operation in Canada. The decision was made due to recent regulatory…
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Crypto Exchanges Upbit, Bithumb Under Investigation by South Korean Prosecutors
Two of the largest cryptocurrency exchanges in South Korea are facing a probe for alleged links with a former lawmaker. Upbit and…
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LG Electronics Seeks Patent To Bring NFT Trading To Television Sets
LG Electronics is seeking patent protection for a television set that allows users to trade non-fungible tokens (NFTs). The device enables a…
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Jane Street, Jump Trading Cut Down Crypto Operations Amid Regulatory Clampdown In The US
Market makers Jane Street and Jump Trading are pulling back from their cryptocurrency operations due to increasing market scrutiny by the US,…
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Ripple Takes Aim At Dubai Market, CEO Reveals
Ripple announced in a press release that the company plans to expand in Dubai. Ripple CEO Brad Garlinghouse sees Dubai as a…
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Crypto Exchange Bittrex Files For Bankruptcy Weeks After SEC Enforcement Action
Bittrex, a crypto trading platform, has sought Chapter 11 bankruptcy protection in the District of Delaware. Filed May 8 before the U.S.…
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Binance Pauses Bitcoin Withdrawals for the Second Time, Citing ‘Backlog of Pending Withdrawals’
Binance was forced to halt Bitcoin (BTC) withdrawals for the second time Sunday evening U.S. time over a ‘large volume of pending…
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Alibaba Partners With Avalanche For A Metaverse Launchpad Targeting Businesses
Alibaba Group’s digital technology and intelligence division, Alibaba Cloud, has created a launchpad for businesses to deploy metaverses on Avalanche blockchain. Dubbed…
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MicroStrategy Added 7,500 BTC To Its Holdings In Q1, Totaling 140,000 BTC
In a press release, MicroStrategy, the business intelligence and mobile software company, has announced its first-quarter 2023 financial results. The company added…