Network states will one day compete with nation-states — Web3 exec
Dr. Petty told Cointelegraph that blockchain technology is already eating away at small parts of incumbent governance structures.
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‘Crypto Needs Rules’ Says New Gemini Ad Campaign
The Gemini cryptocurrency exchange founded by the Winklevoss twins in 2014 is calling for better regulation of the crypto space in a new ad campaign, the Wall Street Journal (WSJ) reports on Jan. 4.Placards on taxis and in the New York City subway contain slogans like “crypto needs rules” while simultaneously suggesting that Gemini already…

Ernst & Young Argues That Crypto Exchange QuadrigaCX Should Be Placed in Bankruptcy
Big Four audit firm Ernst & Young (EY) has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy instead of being restructured as part of ongoing creditor protection proceedings. EY proposed the course of action in its “Fourth Report of the Monitor” filed with the Supreme Court of Nova Scotia on…

Binance settles with U.S. government: Timeline of US enforcement actions
Binance and its founder Changpeng"CZ" Zhao has admitted to violating United States laws around money laundering and terror financing — agreeing to pay $4.3 billion in fines The Here's what happened.Feb. 15: Binance was under suspicion since 2018Reports emerged that Binance is the target of several United States law enforcement investigations — some dating back

CoinShares revenue surges 110% in Q2, driven by FTX claim sale
CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter.

Buy Bitcoin or start mining? HashWorks CEO points to ‘attractive investment yield’ in BTC mining
Recently, bad news has abounded, and the resulting fear is real. DeFi is looking dead, altcoins completed their lifecycle by returning back to $0 (I guess that’s a joke), and Bitcoin’s (BTC) price fell lower than even the smartest brains in the room expected. A unifying theme of the most recent bull market appears to have…

BlockFills raises $37 million to support global expansion
Since its inception in 2018, the firm has received a total of $44 million from institutional investors in two funding rounds. 107 Total views 3 Total shares BlockFills, a digital asset electronic market making, trading and prime brokerage, has announced the completion of a $37 million Series A funding round.Institutional investors, including Susquehanna Private Equity…

Swiss B2B bank InCore launches new tokenization tool using Tezos
InCore Bank also announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions. 848 Total views 38 Total shares Deutsche Boerse-backed digital asset firm Crypto Finance AG and Swiss business-to-business (B2B) transaction bank InCore are launching a new tokenization tool based on the Tezos blockchain.InCore Bank officially announced Tuesday a new…

FTX announces next repayment round for May
The bankrupted crypto exchange started repaying its creditors on Feb. 18, over two years after its dramatic collapse.