Court: FTX spent $400 million on the acquisition of its European branch
According to the legal team trying to return FTX investor funds through court actions, the failed crypto exchange spent nearly $400 million acquiring Swiss company...
Dapper Labs lays off 51, cites prolonged crypto winter in NFT market
51 Dapper Labs employees have been laid off in the recent layoff. This is the third round of layoffs for Dapper Labs. It made prior...
US industry watchdogs oppose draft bill on crypto market structure
An alliance of industry watchdogs based in the United States has united to express opposition to a proposed draft bill on the crypto market structure...
IRS probes crypto traders using Puerto Rico tax breaks: Report
Prosecutors from the United States and agents from the Internal Revenue Service (IRS) are reportedly investigating wealthy crypto traders and fund managers suspected of illegally...
What to expect from the first Coinbase-SEC hearing
A pre-motion hearing set to take place on July 13 between the Securities and Exchange Commission (SEC) and crypto exchange Coinbase should provide a sense...
US senators reintroduce crypto bill aimed at comprehensive regulation
United States Sens. Cynthia Lummis and Kirsten Gillibrand will reintroduce legislation aimed at establishing a comprehensive regulatory framework for digital assets.The U.S. lawmakers said they...
Kava 14 Accelerates Cosmos Ecosystem Expansion – CoinJournal
Georgetown, Cayman Islands, July 12th, 2023, Chainwire Kava, a Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos...
CFTC case against Digitex futures exchange and CEO results in $16M court order
A United States federal court has ordered Digitex CEO Adam Todd to pay roughly $16 million in disgorgement and penalties related to a Commodity Futures...
European regulator releases consultative paper on MiCA standards for crypto asset service providers
The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Assets (MiCA) mandates on July 12. It...
Conflux (CFX) soaring after Bank of China announced SIM Card NFC payments
At press time, Conflux (CFX) token was trading at $0.1981, up 10% in the last 24 hours. Conflux Network partnered with China Telecom to develop...