key takeaways: Tech billionaire Mark Cuban ended the week on a sour note, reentering the crypto scene only to fall prey to a crypto scam. Despite alert observers in the blockchain community identifying the suspicious activity, Cuban suffered an $870,000…
key takeaways: Franklin Templeton, a global asset management giant overseeing approximately $1.4 trillion in assets, has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a spot Bitcoin ETF. This ETF, known as the Franklin Bitcoin…
key takeaways: The cryptocurrency exchange CoinEx is currently facing suspicion of a security breach due to unusually large withdrawals directed towards an address lacking any prior transaction history. According to estimates from blockchain security platform Cyvers Alerts, the potential losses…
key takeaways: FTX estate engages with over 75 potential bidders for the revival of the failed crypto exchange, as revealed in a recent stakeholder briefing by Fortune Magazine. Participants involved in the ‘FTX 2.0’ process are exploring options such as…
key takeaways: In the ever-evolving landscape of cryptocurrencies and blockchain technology, Binance‘s recent decision to terminate its support for Polygon NFTs and the Sandbox NFT Staking Program has generated significant interest within the industry. Binance NFT, the non-fungible token project…
Key takeaways: Terra Luna Classic is currently discussing a proposal to enhance its minimum deposit requirements as a measure to address spam proposals. This move is being driven by the upcoming core upgrade and the rising trading activity surrounding LUNC…
key takeaways: In a recent court filing, the SEC submitted a reply memorandum supporting its motion for an interlocutory appeal in the ongoing legal battle with Ripple. James Filan, a prominent defense lawyer, criticized the SEC’s argument that Judge Torres…
Key takeaways: The US Commodity Futures Trading Commission (CFTC) has taken regulatory action against three major decentralized finance (DeFi) protocols: Opyn, 0x, and Deridex. CFTC imposed substantial fines, with Opyn facing a $250,000 penalty, 0x receiving a $200,000 fine, and…
Key takeaways: Faruk Fatih Özer, the founder of the now-defunct Turkish cryptocurrency exchange Thodex, has been handed an astounding prison sentence of 11,196 years, 10 months, and 15 days, alongside his sister Serap Özer and brother Güven Özer. Additionally, a…
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