09-23-2024
Steve Kaaru
Author
Article by Steve Kaaru
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9 February, 2023
Digital assets and DLT have utility, but they must be strictly regulated: Italian central bank
“Crypto-assets with no intrinsic value” must be curtailed while also noting that digital assets can reduce cross-border costs, according to...
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9 February, 2023
Yuga Labs settles BAYC trademark lawsuit, but tougher legal battles await
Yuga Labs settled with Thomas Lehman, whom it had accused of building websites and smart contracts for Ryder Ripps’ offshoot...
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9 February, 2023
Meta lost $14B in 2022 on its metaverse bet, but Zuckerberg wants to invest more
Q4 2022 was Meta’s Reality Labs’ worst one yet, with a $4.3 billion loss; while Zuckerberg laid off 11,000 workers...
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8 February, 2023
No end to Binance operations in Philippines despite SEC, BSP warnings: Infrawatch
Despite not being licensed or registered by the central bank of the Philippines, Binance is still offering “crypto-to-fiat” services and...
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8 February, 2023
Nigeria’s economy grinding to a halt due to cash shortage—is time for Bitcoin?
Nigeria is replacing its paper money with redesigned currency notes, and with people queueing for hours just to get $43,...
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7 February, 2023
Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report
A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR...
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7 February, 2023
BTC scammers make UK their home, exploiting lax company registration laws: report
It costs less than $20 to register a company in the United Kingdom, and no ID is required, which authorities...
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7 February, 2023
Core Scientific to borrow $70M from investment bank B. Riley
Core Scientific will use the funds to replace an existing credit facility from the same bank and to keep running...
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7 February, 2023
BlockFi wins court’s approval to auction BTC mining assets
BlockFi told the court that the current upswing in the BTC mining sector makes it the ideal time to sell,...
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6 February, 2023
US judge rules secondary sales of LBRY’s native token are not securities
While the U.S. securities regulator won the November court ruling, a judge has ruled that investors selling the LBC token...
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6 February, 2023
BTC scammer who paid Steven Seagal for promotion sentenced to 60 months in prison
John DeMarr, founder of B2G and StartOptions, paid actor Steven Seagal to promote that investing in his tokens would yield...
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6 February, 2023
Kraken shuts down Abu Dhabi office less than a year after launch
Kraken also laid off some employees in the MENA region and suspended AED but maintains that clients in the region...
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