Binance executive collapses during Nigeria trial for money laundering
Gambaryan missed a court appearance on tax evasion charges but managed to attend the money laundering trial on the same day.
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Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm
Decentralized identity solutions might be blockchain’s killer app. 1157 Total views 35 Total shares LG has partnered with United States-based company Evernym to develop blockchain ID technology.Asian financial news outlet Aju Business Daily reported on May 26 that LG CNS — LG’s IT services subsidiary — signed a memorandum of understanding with Evernym. The collaboration…

Australia: Clients File Claim Against Publicly Listed ICO Advisory Firm DigitalX
Crypto firm DigitalX Ltd. has been served with an Originating Application and Statement of Claim. The claim was filed by a group of DigitalX’s clients in Australia’s Federal Court, according to an official announcement published September 28.DigitalX describes itself as a publicly-listed firm that offers Initial Coin Offering (ICO) advisory services, blockchain consulting services and…

Argentina finalizes rules for virtual asset providers
Argentina’s securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions. The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No. 1058. According to a

PayPal CEO calls on crypto industry to work hand in hand with regulators
Compliance is key if you want to play the game, says PayPal CEO Dan Schulman. 955 Total views 8 Total shares There is no other way for the cryptocurrency industry to thrive without working hand in hand with regulators, PayPal CEO Dan Schulman believes.On Dec. 2, Schulman joined the Web Summit online conference to discuss…

Ethereum’s London hard fork sets ETH on a more deflationary path
The London hard fork of Ethereum, which went live on Aug. 5, ushered in a new era for the transition to Ethereum 2.0, a complete proof-of-stake (PoS) blockchain. In fact, the London upgrade is the penultimate step on the way to the final transition to PoS scheduled sometime in 2022. The upgrade got triggered almost…

SafeMoon addresses recent exploits amid SEC charges
SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly. 859 Total views 6 Total shares Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and

7 confusing crypto terms (almost) nobody understands
The crypto world is full of technical terms, some of which are so difficult that almost no one understands them.

DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’
The SEC initially misled a court to freeze DEBT Box’s assets, which has since been reversed, and the firm cited the incident as grounds to dismiss the suit. 55 Total views 1 Total shares DEBT Box and other defendants in a Securities and Exchange Commission lawsuit want the case tossed after the court found the