Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded

Jon Cuncliffe, the deputy governor for financial stability of the United Kingdom’s central bank, the Bank of England (BoE), has warned that the emergence of a cryptocurrency economy may weaken or eliminate bank credit issuance.In a speech delivered to the London School of Economics on Feb. 28, Cunliffe predicted that the integration of stablecoins on…

In January 2020, the European Union released its Fifth Anti-Money Laundering Directive to increase transparency while tackling fraud, money laundering and cybercrimes.The 5AMLD extended the scope of customer due diligence checks, introduced domestic and politically exposed persons, extended the creation of central registrars of beneficial ownership, and extended Anti-Money Laundering checks to majority-owned subsidiaries outside…

DAO governance is still a pain and two recent projects have struggled with “raiders” overtaking their organizations.

Blockchain is changing how banks handle debt. 1170 Total views 3 Total shares One of Israel's largest banks, Bank Hapoalim, has joined a blockchain-based platform recently released by IT firm Tata Consultancy Services, or TCS.TCS' platform, dubbed Digital Bank Guarantee, is based on the Quartz blockchain and targets the digital banking industry in Israel. The new…

The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX. Own this piece of history Collect this article as an NFTTribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the…

The United States federal government is expected to raise its blockchain spending to $123.5 million by 2022 — an over 1,000% increase as compared with the $10.7 million it spent in 2017. The forecast was made in a report from IDC Government Insights, published on April 18.IDC states that blockchain spending among state and local…

ShapeShift CEO and crypto industry stalwart, Erik Voorhees, has suggested the launch of Thorchain is arguably the biggest event in crypto this week.And considering all eyes in crypto are on the direct listing of major US exchange Coinbase on the Nasdaq on Wednesday — with a potential valuation of $140 billion according to the FTX…

Piers Ridyard, the CEO of RDX Works said the cuts are part of a “more comprehensive set of changes that need to be made.” 

Mt. Gox founder Jed McCaleb is being sued by two traders who used the doomed exchange, court documents filed on May 19 show.Joseph Jones and Peter Steinmetz have accused the ex-CEO of fraudulently and negligently misrepresenting the exchange.The pair also allege that McCaleb was aware of “serious security risks” back in late 2010 or early…