Reading Time: 2 minutes Soccer icon Cristiano Ronaldo is facing a class-action lawsuit in the US, with plaintiffs seeking over $1 billion in damages Ronaldo is accused of illegally promoting Binance while launching his NFT collection last year The plaintiffs say that his endorsement led to them losing money by buying unregistered securities from the
Posts published by “Mark Hunter”
Reading Time: 2 minutes Bored Ape creator Yuga Labs is facing legal action from an ApeFest attendee in Hong Kong who suffered eye infections and burns due to UV light exposure Asif Kamal, CEO of Artfi, has sent Yuga Labs a legal notice, indicating the first step toward a lawsuit Yuga Labs acknowledged the use
Reading Time: 2 minutes Nouriel Roubini, a prominent crypto critic, is behind a new crypto project – Atlas Climate Token Roubini, who has heavily criticized cryptocurrencies and blockchain technology, is now supporting a blockchain-based token Despite the project’s noble goals, the crypto community has largely focused on the irony of Roubini’s involvement In a move
Reading Time: 2 minutes The SEC now has an eight-day window to potentially approve all 12 pending Bitcoin ETF applications Discussions between the SEC and Grayscale regarding Bitcoin Trust conversion have allegedly been ongoing In the event of approval, the SEC could greenlight a Bitcoin ETF ready for immediate trading...
Reading Time: 2 minutes The lead developer of the Shibarium project has denied reports of a bridge malfunction ShibArmy’s traffic strained the network during launch, necessitating stability efforts Analytics showed significant activity with rapid community deposits The lead developer of the Shiba Inu upgrade, Shibarium, has denied reports that the project suffered a bridge malfunction
Reading Time: 2 minutes Genesis has agreed to pay FTX $175 million to resolve claims related to their ongoing bankruptcies Genesis, the lending arm of Digital Currency Group, will pay FTX’s Alameda Research and waive claims against FTX’s estate, simplifying their complex relationship FTX’s collapse and its subsequent efforts to recover funds have sent ripples
Reading Time: 2 minutes The SEC is set to approve Ethereum futures ETFs two years after allowing permission for Bitcoin futures ETFs The commission’s cautious approach towards cryptocurrency ETFs shifted in 2021 when it permitted the first Bitcoin futures-based ETF Grayscale expects to hear about its lawsuit against the SEC today Institutional Ethereum futures are
Reading Time: 2 minutes This week in the crypto world we saw Bitstamp cull seven alts, PayPal launch its own stablecoin and Worldcoin face regulatory kickback. Anyone shocked? Really? Bitstamp Cuts Seven Alt Coins Bitstamp this week announced that it will permanently halt the trading of seven alt coins in the U.S...
Reading Time: 2 minutes An attacker has manipulated Poly Network’s smart contract and issued non-existent tokens worth roughly $4 billion The attacker issued the tokens on various blockchains such as Ethereum, Metis and Avalanche, with Shiba Inu forming the bulk of the imaginary coins This is the second time the protocol is finding itself in
Reading Time: 2 minutes A man who paid 40 bitcoin to have a child killed was sentenced to six and half years in prison last week John Michael Musbach used a contract killing website to try and eliminate the child before they could testify against him Musbach was facing charges relating to sexual contact with