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Article by Steve Kaaru

8 states file enforcement actions against digital asset lender Nexo
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29 September, 2022

8 states file enforcement actions against digital asset lender Nexo

The states, among them California, Oklahoma, and New York, ordered Nexo to halt its interest-earning product, which they claim is...
South Korea moves to freeze $61M worth of Do Kwon’s BTC as he denies links
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29 September, 2022

South Korea moves to freeze $61M worth of Do Kwon’s BTC as he denies links

Authorities in South Korea ordered KuCoin and OKX to freeze over 3,300 BTC they claim is owned by the Luna...
SEC settles with Tether’s former auditor for $1.5M over unprofessional accounting
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29 September, 2022

SEC settles with Tether’s former auditor for $1.5M over unprofessional accounting

Friedman LLP practiced improper professional conduct in 2017-18, the same time frame the firm audited Tether, although the U.S. securities...
CoinFLEX creditors vote in restructuring plan giving them 65% ownership
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28 September, 2022

CoinFLEX creditors vote in restructuring plan giving them 65% ownership

The plan, which wipes out Ordinary Series A shareholders, including the founders, was proposed by CEO Mark Lamb, and received...
California governor vetoes state’s ‘BitLicense’ bill, calls it premature
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28 September, 2022

California governor vetoes state’s ‘BitLicense’ bill, calls it premature

Gov. Gavin Newsom nixed the bill, which would have created a licensing regime for VASPs similar to New York’s BitLicense,...
Frobots founder Jerry Chan talks battle robots and NFT utility on CoinGeek Backstage
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27 September, 2022

Frobots founder Jerry Chan talks battle robots and NFT utility on CoinGeek Backstage

The Frobots founder believes that for NFTs to have utility, they have to go beyond representing property and have some...
Terra’s Do Kwon now wanted in 195 countries after Interpol issues Red Notice
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27 September, 2022

Terra’s Do Kwon now wanted in 195 countries after Interpol issues Red Notice

South Korea says that Interpol has acted on its request to add the Terra founder to its Red Notice list...
Blockchain Innovation Program launches to promote Bitcoin development
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27 September, 2022

Blockchain Innovation Program launches to promote Bitcoin development

The course, developed by the Bitcoin Association for BSV, dives into hash functions, Merkle trees, digital signatures, and more over...
CFTC sues decentralized autonomous organization and its token holders
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27 September, 2022

CFTC sues decentralized autonomous organization and its token holders

The U.S. regulator settled with bZx founders for $250,000 for illegal margined and leveraged commodity transactions, while also suing the...
Huobi’s sister company weighs name change
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26 September, 2022

Huobi’s sister company weighs name change

Hong Kong-listed Huobi Technologies wants to change its name to “New Huo Technology Holdings Limited” for a fresh corporate image,...
Compute North files for Chapter 11 bankruptcy with $500M in debt
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26 September, 2022

Compute North files for Chapter 11 bankruptcy with $500M in debt

Compute North operates data centers for miners, including Marathon Digital and Hive Blockchain, but a $300 million loan has made...
Boracay is becoming the Philippines ‘Bitcoin Island’ as adoption soars
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26 September, 2022

Boracay is becoming the Philippines ‘Bitcoin Island’ as adoption soars

Boracay is renowned for its beaches and resorts, but it’s now seeking to become a digital asset island—can it avoid...

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