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Binance Seeks to Throw Out Major Part of $12.8 Billion London Lawsuit
- A London lawsuit accuses Binance, Kraken, and others of anti-competitive behaviour in delisting BSV.
- The suit, with 200,000 BSV owners, alleges delisting hindered BSV from major status, seeking damages up to 9 billion pounds.
Wednesday, 05/06/2024 | 16:51 GMT by
Tareq Sikder
ASIC Fails to Impose Any Penalty on Block Earner for Unlicensed Offerings
- The regulator was seeking a civil penalty of AU$350,000 from the crypto company.
- The court pointed out that Block Earner acted honestly and not carelessly when it offered the Earner product.
Tuesday, 04/06/2024 | 05:57 GMT by
Arnab Shome
Fan Tokens Were a Flop: Can Bitcoin Fill the Gap in Sports Financing?
- Fan tokens were praised as innovative tools for deepening fan engagement through voting rights and exclusive rewards. However, their practical impact has been disappointing.
- The arbitrary pricing of fan tokens, with no underlying value to justify their cost, has led to inevitable market speculation.
Sunday, 02/06/2024 | 07:18 GMT by
George Manolov
Tether Throws Hat in Ring with $100 Million Bitdeer Investment
- The investment includes an option for an additional $50 million in shares within a year.
- The ownership percentage remains undisclosed, with Bitdeer's share value increasing by 6.5% post-announcement.
Friday, 31/05/2024 | 15:34 GMT by
Tareq Sikder
Texas Regulator Halts Alleged Crypto Cloud Mining Scheme
- Payment processor used despite jurisdiction restrictions; account holder located outside the claimed base.
- Manipulated media, including CEO video at conference, were cited; no evidence of presence was found.
Wednesday, 29/05/2024 | 11:01 GMT by
Tareq Sikder
Nigerian Court Clears Binance Executive for Trial in Tax Evasion Case
- The case involves allegations of laundering $35 million and unauthorized financial activities.
- Binance's CEO criticizes the detention of executives during talks, labelling it a dangerous precedent.
Friday, 17/05/2024 | 14:11 GMT by
Tareq Sikder
Interactive Brokers Brings Crypto Trading to UK Customers
- The brokerage is offering trading with four cryptocurrencies in partnership with Paxos.
- It will charge a commission between 0.12 percent and 0.18 percent of the trade value, with a minimum of $1.75 per order.
Wednesday, 15/05/2024 | 11:03 GMT by
Arnab Shome
Crypto Regulations Are Imminent, but Will the Regulators Align?
- Much of the conversation surrounding cryptocurrency regulation in the US has been focused on something called the Howey Test.
- While the IRS claims crypto to be property, other agencies like the FBI see it as a form of currency.
Wednesday, 08/05/2024 | 13:40 GMT by
Brian Nibley
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