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SEC freezes assets of DEBT Box, alleging $50M node license 'sham'

Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its "node licenses."

How will Bitcoin halving affect BTC price, and is DeFi dead?

Blockware Solutions account executive David Gamble told Market Talks host Ray Salmond that the crypto market will hit a $10 trillion market cap in the next few years.

Individual charged with money laundering admits to hacking Bitfinex in 2016: Report

The identity of the hacker or hackers behind an exploit which removed more than 100,000 Bitcoin from Bitfinex in 2016 had only been the subject of speculation until Aug. 3.

NY Times defends article on Caroline Ellison: the public has a 'legitimate interest'

The media outlet claimed the public and press had a right to receive information on a "central participant in a financial scheme that defrauded investors of billions of dollars".

Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take

Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on Gods Unchained.

FTX files motion to exclude its Dubai unit from bankruptcy proceedings

FTX filed for bankruptcy in November 2022, with 102 of its units worldwide entering Chapter 11 proceedings.

Tel Aviv Stock Exchange to offer crypto services via Fireblocks pact

Israel’s only public stock exchange is preparing to offer new regulated cryptocurrency services through another partnership with Fireblocks.

Hong Kong debuts retail crypto trading with HashKey exchange

HashKey becomes one of the first licensed exchanges to offer cryptocurrency trading for non-professional investors in Hong Kong.

Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’

U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government.

US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report

Officials reportedly speculated an indictment against Binance in the U.S. could cause a run on the exchange similar to what happened with crypto exchange FTX in November 2022.

Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013

A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchanges still largely operate outside this framework.

Deposit risk: What do crypto exchanges really do with your money?

While depositing may be easy, what some crypto exchanges do with your money behind the scenes can range from concerning to criminal.

Mixed signals: Binance denies reports of $90 billion in crypto trades in China

Binance has refuted claims published in the Wall Street Journal that despite China’s crypto ban, the exchange has conducted billions in crypto-related business in the country.

Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk

The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem and many lending protocols are rushing to minimize their exposure.

Ether ETFs pending - Grayscale, VanEck and others file SEC applications

A handful of United States asset managers have filed fresh applications to launch Ethereum Futures ETFs.

India puts forward suggestions for G20 crypto roadmap

The country emphasises the necessity of dealing with digital assets’ risks for developing economies.

Worldcoin cryptocurrency project suspended in Kenya

Kenyan authorities want to make sure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data.

SBF denies witness tampering in effort to avoid jail

Lawyers for Sam Bankman-Fried claim that his alleged sharing of Caroline Ellison's diary with the New York Times does not amount to witness tampering.

FTX creditors unimpressed with exchange's bankruptcy exit plan

FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy.

3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship

As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency.

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