Martin Shkreli must give up copies of one-off Wu-Tang album, says judge
Martin Shkreli had to forfeit a one-of-a-kind Wu-Tang Clan album in 2018 — now a judge ordered him to surrender any digital copies until a court case is finalized.
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Is Bitcoin overheated? Some believe the answer is hiding in PEPE
Some crypto market observers believe a rush into memecoin token PEPE could herald an impending Bitcoin dump, but not everyone is convinced. 2475 Total views 4 Total shares Could Bitcoin (BTC) be headed for an imminent pullback? Some crypto market observers believe the answer could be hiding within the price action of a frog-themed memecoin.In

House Republicans demand SEC’s Gensler clarify crypto airdrops stance
US Representatives Tom Emmer and Patrick McHenry gave Gary Gensler until the end of the month to answer questions about the SEC’s approach to crypto airdrops.

Mike Novogratz-backed firm announces $100M crypto investment fund
Cryptology Asset Group wants to invest $100 million into new crypto and blockchain-focused venture funds. 3491 Total views 1 Total shares Cryptology Asset Group, a Malta-based investment outfit co-founded by serial entrepreneurs Mike Novogratz and Christian Angermayer, is set to offer support for crypto VC firms.In a release issued on Thursday, the European holding company…

China: 5 Crypto Exchanges Halt or Shut Services Amid Perceived Crackdown
At least five Chinese cryptocurrency exchanges have halted or chosen to terminate operations this month in response to a perceived redoubling of Beijing’s anti-crypto stance.Exchange operator Bitsoda informed the public on Nov. 23 of its decision to terminate services; Akdex followed suit, announcing its decision to shut down on Nov. 24. Also on Nov. 24, Idax…

Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers. 2802 Total views 14 Total shares Facebook-backed digital currency project Diem could yet launch its first stablecoin in 2021 as a small-scale pilot, according to an anonymous source. Cited in a CNBC report published on April 20, the…

Washington state passes bill aiming to expand local blockchain adoption
The northwest pacific state’s governor has finally passed a bill into law to form a working group to explore the opportunities for industry and commerce to benefit from blockchain. Three years and one veto after it was first proposed, Washington state Governor Jay Inslee has signed a bill into law today that aims to expand…

‘Pretty ordinary stuff’ — Traders seem unfazed by Bitcoin correction
Crypto traders are stressing that the Bitcoin price correction is “exactly what the cycle needs” right now.

Bitcoin Stolen in Binance Hack Moved to Seven Addresses
Proceedings from yesterday’s hack of cryptocurrency exchange Binance have been moved to seven addresses, crypto news outlet The Block reports on May 9.The breach resulted in about 7,074 bitcoins (BTC) — worth nearly $42.8 million at press time — being stolen from the exchange’s hot wallet. The transaction had 44 outputs, 21 of which were…