Tina.Org has called out celebrities for endorsing NFTs without disclosing their material connection with them The team had also sent letters to several celebrities, urging them to disclose their intent behind promoting such NFTs on social media Consumer watchdog/regulator Tina.Org popularly known as Truth In Advertising has recently published a...
Galaxy Digital had earlier terminated its merger agreement with BitGo citing the platform’s inability to show audited financial statements of 2021. BitGo responded to the Galaxy’s decision to terminate the acquisition by stating that it’s suing Galaxy for its actions,followed by seeking $100 million in damages The deal was earlier...
Zipmex has finally been granted a three month creditor protection from the Singapore court Per a Bloomberg report, the court’s decision will be instrumental in guarding the firm against third-party lawsuits and claims, enabling the exchange to come up with a useful funding plan. Asian cryptocurrency exchange Zipmex was granted...
TL;DR According to a U.S judge, the stock trading platform Robinhood Markets Inc should face market manipulation claims. This lawsuit was one of many brought against the platform after it temporarily barred customers from purchasing stocks back in Jan 2021, such as GameStop and AMC. Robinhood prices surged in May...
DyDX has blocked user accounts linked with Tornado Cash DyDX has joined a growing list of platforms who have been actively blocking user accounts of people who had earlier been in contact with sanctioned Tornado Cash app In an updated blog post, derivatives protocol DyDX has confirmed that it has...
Crypto exchange Hotbit has suspended its crypto transactions. Hotbit’s former management employee is undergoing a criminal investigation due to which the exchange had to suspend its transactions temporarily The exchange later added that the exact time of resumptions cannot be determined at the moment. One of Asia’s leading cryptocurrency exchanges,...
Summary: The U.S. SEC could launch a new policy for hedge funds as crypto adoption grows. Hedge funds might soon be required to report on their exposure to cryptocurrencies. Such firms would do so through the so-called Form PF. Gary Gensler said the move could provide more insight into the...
The US bankruptcy court has granted approval to Voyager Digital to pay back $270 million worth of funds to its customers, WSJ reports The firm had filed for chapter 11 bankruptcy in July which rendered the customers incapable of accessing their stored funds. Per a report published by Wall Street...
Celsius network wants to hire its former CFO Rod Bolger at a monthly salary of $92,000 The firm has filed a motion stating that Bolger’s crypto knowledge can help the firm navigate its Chapter 11 bankruptcy proceedings. The troubled crypto lender platform Celsius Network is keeping no stone unturned to...
TPS Capital’s OTC executive Stefan Chu has resigned from the firm. Chu’s resignation has come at a time when TPS is battling accusations that label TPS having a connection with bankrupt firm 3AC Tai Ping Shan, popularly known as TPS capital’s OTC executive Stefan Chu has called it quits amid...
