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” Wyoming lawmakers pass bill to prevent forced disclosure of private keys “ Wyoming lawmakers have passed a bill that will prohibit courts in the state from forcing someone to disclose their digital asset private keys, with one minor exception. The bill was passed through the Wyoming House of Representative in the state’s 67th general…
” SEC proposes tougher rules as part of its crypto custody crackdown “ A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to serve as digital asset custodians in the future. The proposal, which is yet to…
” Sam Bankman-Fried may no longer be allowed to play League of Legends “ Sam Bankman-Fried, the former CEO of crypto exchange FTX, may no longer be able to play League of Legends and other video games if newly proposed changes to his bail conditions from United States prosecutors are approved. In a Feb. 15…
” Celsius chooses NovaWulf’s bid to exit from bankruptcy “ Bankrupt crypto lender Celsius Network has chosen NovaWulf Digital Management as the sponsor for its proposed Chapter 11 restructuring plan which will see the investment advisory firm take over the operations of a new company, and most customers estimated to recover up to 70% of…
” Abu Dhabi to back the growth of Web3 startups with $2B “ Abu Dhabi’s technology ecosystem, Hub71, has announced a new initiative called “Hub71+ Digital Assets,” with a capital backing of over US$2 billion. This project aims to advance Web3-based innovations, such as blockchain technology and metaverse applications. The initiative aspires to provide Web3…
” Zipmex says it may resume 100% of Z wallet withdrawals subject to conditions “ According to a new press release on Feb. 15, Thai cryptocurrency exchange Zipmex stated that it sent a new scheme to all firm’s eligible creditors through its scheme manager KordaMentha. As told by Zipmex, the creditors have until Feb. 21,…
” Conflux partners with China Telecom to develop blockchain SIM card “ According to a Feb. 15 announcement, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, said that it had secured a partnership with China Telecom to develop a blockchain SIM (BSIM) card. As told by Conflux, the BSIM will have a secure…
” Angel investors vs. venture capitalists “ Angel investors and venture capitalists are two types of private investors who provide funding for early-stage and growth-stage companies. However, there are some key differences between them that we will cover in this article. Who are angel investors? High-net-worth individuals who invest in companies at an early stage…
” Korean e-commerce exec accused of accepting LUNA for shilling Terra Labs “ South Korean prosecutors have requested an arrest warrant for the former CEO of Tmon, a Korean e-commerce platform, after taking billions of won in LUNA (LUNA), now known as LUNA Classic (LUNC), for promoting Terra as a simple payment gateway. Seoul prosecutors…
” SBF and FTX fraud ‘aided and abetted’ by Silvergate Bank, alleges lawsuit “ Silvergate Bank and its CEO Alan Lane have been accused of “aiding and abetting” a “multibillion-dollar fraudulent scheme orchestrated by Sam Bankman-Fried (SBF)” and two of his entities, FTX and Alameda Research, in a newly proposed class action lawsuit. The proposed…