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Influencer served settlement demand via NFT, following $7M token presale

A “manipulative launch strategy” was alleged over how the Liquidity Pools were structured and the way that the tokens "trickled out."

Hyperbitcoinization is underway, RFK seeks Bitcoin donations and other news: Hodler’s Digest, May 14-20

Hyperbitcoinization is on the horizon, Bitcoin gets a seat on U.S. presidential candidates agendas and Voyager’s fund recovery plan approved.

Binance provider in Brazil gets payment institution approval

Binance's partner Latam Gateway has been granted a license to operate as a payment institution and electronic money issuer in Brazil.

Ripple vs. SEC: Could newly released documents tip the balance?

The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day.

Blockchain technology platform Bakkt looks toward Europe after MiCA

Bakkt’s chief product officer, Dan O’Prey, expressed his optimism about the future of Bitcoin and the company’s outlook on regulated markets when he chatted with Cointelegraph at Bitcoin 2023.

US Justice Department on the hunt for DeFi hackers and thieves: Finance Redefined

The total value locked in DeFi protocols fell below $50 billion after nearly a month of bullish price action.

Bitcoin cleans up the environment and helps catch criminals: US Senator Cynthia Lummis

U.S. Senator Cynthia Lummis joined Chamber of Digital Commerce CEO Perianne Boring on stage at Bitcoin Miami 2023 for a lengthy discussion on regulation.

Paraspace NFT protocol co-founder resigns after failing to overthrow CEO

The Paraspace CEO and consultants accused each other of mismanaging funds with the Paraspace team asking the CEO to step down publically.

Texas proof-of-reserve bill passes through the Senate

The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.”

Crypto should become a regular part of TradFi within 5-10 years: Exchange CEO

Bittrex Global CEO, Oliver Linch, believes crypto conferences won't exist in 5-10 years as crypto would just become a part of traditional finance.

Australian exchanges dispel debanking fears amid Binance saga, but risks loom

Australian crypto exchanges report no problems with their payment providers but the lack of local laws means more debanking incidents can't be ruled out.

Stablecoin issuers have spent over $1.3M lobbying Congress since 2022

Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins.

Blockchain arms race risks being won by 'adversarial nations' — US crypto lobby group

The Chamber of Digital Commerce has urged Congress to set up a Digital Asset and Blockchain Technology Solarium Commission to develop crypto regulation.

Coin Cafe to repay $4.3M in fees that 'wiped out' investors' Bitcoin accounts

The platform was charging investors ‘exorbitant and undisclosed fees’ with one user being charged recurring fees of $51,000 over a span of 13 months, according to the statement.

FTX pursues $244M clawback from 'wildly inflated' Embed acquisition deal

FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a "wildly inflated" price for the company.

Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express

Mastercard and Visa join Hong Kong’s CBDC pilot, new instalment in Justin Sun’s Huobi soap opera, and a GameFi token pumps on no news.

Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators

Panelists at a discussion on “Fighting the Anti-Crypto Army” sought to dismiss the idea that working with lawmakers to regulate crypto should be framed as a fight.

US House stablecoin hearing focuses on competing bills for regulation

The answer to the question of what level stablecoin issuers are regulated on “need not be binary,” one witness said.

How can legal chatbots enhance access to justice?

Legal chatbots can enhance access to justice by providing affordable and easy-to-access legal assistance to those who cannot afford traditional legal services.

Congressional crypto hearing illustrates political stalemate on digital assets

The hearing was filled with a heavy amount of criticizing the SEC, urging to take matters of regulation into Congress’ hands and empowering the CFTC.

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