Share to FacebookShare to TwitterShare to LinkedinWhat Happened Earlier this month, crypto lender Celsius Network filed for Chapter 11 bankruptcy protection in federal court the Southern District of New York. The filing was not a surprise to many familiar with the company’s recent news, as
Share to FacebookShare to TwitterShare to LinkedinWhat Happened The Department of Justice (U.S. Attorney’s Office for the Southern District of New York) announced charges yesterday against Ishan Wahi, a former product manager at Coinbase, his brother, Nikhil Wahi, and a friend, Sameer Ramani. They are
Share to FacebookShare to TwitterShare to LinkedinWhat Happened The Department of Justice (U.S. Attorney’s Office for the Southern District of New York) announced charges yesterday against Ishan Wahi, a former product manager at Coinbase, his brother, Nikhil Wahi, and a friend, Sameer Ramani. They are
Share to FacebookShare to TwitterShare to LinkedinWhat Happened Yuga Labs, the creator of the popular Bored Ape Yacht Club (“BAYC”) non-fungible token (NFT) collection, has sued an artist in Los Angeles federal court, accusing him of selling identical NFTs that are confusing potential buyers. Yuga
Share to FacebookShare to TwitterShare to LinkedinWhat Happened Bipartisan crypto legislation titled “the Responsible Financial Innovation Act” was introduced Tuesday by Cynthia Lummis (R-WY) from the Senate Banking Committee and Kirsten Gillibrand (D-NY) from the Senate Agriculture Committee. The bill addresses many thorny issues with
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Imagine the following scenario: Sometime in 2021, financial regulators declare that all stablecoin owners must be verified. What would happen to the cryptocurrency ecosystem? Right now, a large chunk of stablecoin usage is pseudonymous. That is, you or I can hold $20,000 worth of tether
In retrospect, it was inevitable: A team of blockchain developers has forked GitHub and come up with a system for collaborating on open source software. There’s even a decentralized finance (DeFi) twist. Announced Thursday, Radicle, a fully decentralized code repository, has raised $12 million in
