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Hong Kong Central Bank Cautions Crypto Firms on Banking Terminology Use
key takeaways: The world of cryptocurrencies and digital assets is continually evolving, presenting exciting opportunities and unique challenges. Hong Kong has been a hub for crypto-related activities, but recently, the Hong Kong Monetary Authority (HKMA) issued a stern warning about…
Mark Cuban Loses $870K in MetaMask Wallet Hack
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…
CoinCodeCap WeekInFocus: September 17, 2023
Gemini hits out at DCG, Genesis Bankruptcy Plan, calls it ‘Misleading’
Key Takeaways In a significant legal dispute within the cryptocurrency space, lawyers representing Gemini Trust have strongly opposed a bankruptcy recovery plan proposed by Digital Currency Group (DCG) concerning creditors of Genesis Global. Gemini Trust, a well-known cryptocurrency exchange, has…
PolkaWorld Halts Operations Amidst Governance Concerns
Key Takeaways In an unfortunate turn of events, PolkaWorld, a prominent community within the Polkadot ecosystem, has announced the cessation of its operations. This decision follows the rejection of the community’s funding proposal by Polkadot’s treasury. The move has ignited…
Celsius and Core Scientific Agree to $45M Settlement in Ongoing Litigation
Ex-Celsius Executive Pleads Guilty to Criminal Charges in Ongoing Legal Saga
Remitano Exchange Hacked for $2.7M with $1.4M Frozen by Tether
SEC Charges Stoner Cats NFT Project Over Sale of Unregistered Securities
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has taken legal action against the Stoner Cats NFT project, alleging the sale of unregistered securities. Stoner Cats, an NFT-driven cartoon series project, has faced scrutiny from the regulatory authority, marking…