Crypto ‘godfather’ and LA cop plead guilty to tax, civil rights violations

Aave Labs shared a proposal for the next version of its protocol, which included improvements to its stablecoin, GHO.

Another government-backed project in Dubai aims to set up an attractive environment for the crypto industry. 662 Total views 19 Total shares The United Arab Emirates (UAE) continues to emerge as one of the world’s biggest cryptocurrency-friendly jurisdictions as the government of Dubai has a new initiative to support local crypto development and regulation.The Dubai…

Wednesday, July 24 — Most major cryptocurrencies are trading sideways, with a few experiencing minor losses today. Crypto markets are reporting mixed signals as of press time, according to data from Coin360.Market visualization. Source: Coin360The leading cryptocurrency Bitcoin (BTC) has been trading under the $10,000 price mark today, having lost almost 4% over the past…

European startup Revolut reportedly asked employees to leave as part of a cost-cutting effort amid difficult times. 742 Total views 27 Total shares In an effort to trim expenses, European fintech outfit Revolut has allegedly urged employees to leave, according to staff interviewed by Wired."Some of the employees allegedly pressured to leave have been left…

Huobi’s new name HTX stands for exchange, the blockchain project Tron and the company’s 10th anniversary. 287 Total views 14 Total shares Cryptocurrency exchange Huobi is celebrating its 10th anniversary with a controversial marketing move — the firm is rebranding from “Huobi” to “HTX,” echoing the name of the bankrupt exchange FTX.Huobi officially announced its rebranding

Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region. 501 Total views 34 Total shares Uruguay has reportedly installed its first Bitcoin (BTC) ATM, making it the 11th South American country to publicly encourage crypto adoption. Prior to Uruguay’s involvement, South America…

India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets. 301 Total views 27 Total shares India’s Enforcement Directorate (ED), the agency responsible for financial crimes, is looking at cryptocurrency exchanges suspected of processing transactions that sent more than 10 billion…

Beverly Hills-based Playboy Enterprises is suing Canadian firm Global Blockchain Technologies (GBT), claiming that it failed to integrate blockchain technology into Playboy’s online media channels, the Los Angeles Times reported August 14. Playboy Enterprises reportedly filed a lawsuit in Los Angeles County Superior Court, accusing the Canadian company of fraud and breaching a contract, which…