Regulation
MicroStrategy Founder Michael Saylor Loses Court Bid to Dismiss DC Tax Evasion Claims
The court did dismiss claims against the company and Saylor that they conspired to violate D.C.’s False Claims Act. Source link
Regulation
Regulation
Binance a ‘Hotbed of Illegal Financial Activity,’ Senators Claim: WSJ
The letter, from Senators Elizabeth Warren (D-Ma), Chris Van Hollen (D-Md) and Roger Marshall (R-Ks) said that Binance and related entities “have purposefully evaded regulators, moved assets to criminals and sanctions evaders and hidden basic […]
Regulation
Xmon Tokens Fall 80% After End of SudoSwap Lock Drop Program
That created a rush for Xmon tokens in mid-February when sudo initially become tradeable. Prices of xmon jumped from $19,000 to lifetime peaks of $43,000 in a single day as traders purchased the tokens, and […]
Regulation
IOST Network’s Token Surges Over 8% on Deal With Amazon Web Services
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Hosts of Bankless Podcast Raising $35M Crypto Venture Fund: Sources
The popular crypto podcast is branching out beyond its media roots to invest in emerging Web3 startups. Source link
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DeFi Protocol StaFi Nearly Halves Commission Fees for Staking
StaFi’s move to slash commission fees comes in the runup to the Ethereum Shanghai Upgrade, a network upgrade that encompasses a collection of improvement proposals, including one to allow investors to collect their staked, or […]
Regulation
More Than Gamers Sold a Breakthrough Web3 Game and Delivered Empty Promises
The mini-game officially launched on Nov. 7, 2022, and remained open until Jan. 2, 2023, though many in the community were disappointed with the finished product. Ben told CoinDesk the game was a “slap in […]
Regulation
Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator Inquiries
The Silvergate filing continued: “There are or will be important factors that could cause the Company’s actual results to differ materially from those indicated in these forward-looking statements, including, but not limited to … restrictions […]
Regulation
Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
“Dozens of folks are still involved though not as employees, and some employees are still in place. Money is a problem, though there is a signed deal which has been very slow in funding,” said […]
Regulation
US SEC Plans to Keep Growing Crypto Unit as Enforcement Ramps Up
The regulator, which has been hammering away at the crypto sector under the direction of Chair Gary Gensler, sent a loud message to the industry in May 2022 by announcing it was adding 20 people […]