Solana-Based DeFi Protocol Everlend Finance shuts down
The lending app from Everlend Finance has been discontinued. It has been suggested to users to remove their assets.
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UK regulators produce a paper on the crypto framework
The UK's Treasury released a long-awaited consultation paper for future crypto regulation.
India Keeps Old Crypto Tax Regulations in 2023 National Budget
Since it has only been ten months since the tax regulations were adopted in March 2022, experts believe that the Indian government needs more information and time before deciding on strict tax policies.
Bitcoin miner Greenidge Generation restructures debt to escape bankruptcy
Greenidge still owns roughly 10,000 miners, keeping a capacity of 1.1 EH/s despite reorganizing it into a hosting company for Bitcoin mining.
SEC settles on security claim in crypto company LBRY lawsuit
After winning a hearing in November last year, the SEC hoped to obtain affirmation of an unclear injunction, but judges made it plain that the verdict only applied to direct sales.
NYDFS Probes Crypto Exchange Gemini Over FDIC Claims
Gemini Earn, a product of Gemini Trust Company, has come under scrutiny recently after a report indicated users had been misled about FDIC coverage.
North Korean hackers attempt to launder over $27 million in ETH from Harmony’s Horizon Bridge
Six exchanges received 17,278 Ether from three principal addresses, allowing them to freeze the stolen money partially.
White House releases “Roadmap” to Combat Crypto Fraud and Protect the Investors
In a recent statement, the Biden administration praised its comprehensive framework and urged lawmakers and authorities to crack down on cryptocurrency.
Derivatives Body ISDA to release 2 papers addressing crypto risks
Two papers are being worked on by the International Swaps and Derivatives Association to address the underlying legal issues in the cryptocurrency markets.
FTX to Question Sam Bankman-Fried’s Family About Its Wealth:Report
The attorneys for FTX have revealed that to find out whether Bankman-Fried's family got any money from the insolvent cryptocurrency exchange, they would have to interview them under oath.