Category: Crypto News
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Crypto firms could face 2 years jail for breaching UK advertising laws
Crypto firms in the United Kingdom could face some harsh punishments under the FCA’s proposed financial promotions regime.
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Sam Bankman-Fried lawyers reach agreement on use of messaging apps
The agreement comes as a result of federal prosecutors looking to ban SBF from contacting current or former FTX and Alameda employees while on house arrest.
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Genesis entity going up for sale as DCG makes creditor pact
Digital Currency Group (DCG) plans to hand Genesis its stake in the Genesis Global Trading business entity which will then be sold, pending court approval.
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Crypto ad deals for Super Bowl LVII fell apart after FTX collapse: Report
There had reportedly been a few deals for crypto commercials in this year’s Super Bowl that fell apart following the collapse of FTX, but at least one project is giving away NFTs.
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Riot reports 17K miners offline due to Texas weather
The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures.
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Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8
The announcement came without warning two days in advance, but it does not apply to Binance.US users, so only 0.01% of active users will be affected.
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Digital bank Revolut launches crypto staking for UK and EEA customers: Report
Currently, staking is available for DOT, XTZ, ADA, and ETH crypto assets, with yields reportedly ranging from 2.99% to 11.65%%.
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Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets.
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‘Decentralized Infura’ may help prevent Ethereum app crashes: Interview
The initial “Dfura” marketplace, which is currently in development, is expected to include up to 10 Web3 data providers.
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Did dYdX violate the law by changing their tokenomics?
The dYdX Foundation made an abrupt change to its project’s tokenomics, but it may have done so in consultation with its attorneys.