Bitcoin gains traction in West Africa with educational drive
As anti-French sentiment rides high in West Africa, Bitique opens its doors, the “Bitcoin Mastermind” conference beckons and more nodes come online to verify the Bitcoin blockchain.
SEC v Ripple: attorneys leave SEC side, both groups add new lawyers
Attorneys Pascale Guerrier, Richard Best and Robert MacDonald Moye representing the U.S. SEC in its ongoing lawsuit against Ripple have withdrawn from the case.
UK considers blanket ban on crypto investment cold calls
The U.K. Treasury has released a consultation paper to understand the grassroots-level impact of a blanket ban on cold calls related to financial services and products.
Naver Corp unveils South Korea's answer to ChatGPT and generative AI
South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text.
Tornado Cash indictment fails to show ‘clear violation’ of certain laws: Coin Center
Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter.
Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage
Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches.
Rising interest rates, delayed Bitcoin ETFs, global financial turmoil and other regulatory pressures are contributing to the crypto market’s underperformance.
Tornado Cash co-founders charged with money laundering, sanctions violations
Roman Semenov was placed on OFAC's sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer.
Sam Bankman-Fried can meet with lawyers outside of jail with 48 hours’ notice, says judge
Judge Lewis Kaplan said the order was in line with the accommodations for access to discovery materials the U.S. government proposed for the former FTX CEO on Aug. 18.
The crypto exchange is ending staking services for U.S.-based users on Sep. 25; the decision comes a few weeks after Bitstamp halted trading for seven altcoins in the country.
Sam Bankman-Fried’s lawyers argue previous FTX legal team led him to act 'in good faith'
The filing surrounding the legal strategy followed an all-day session between SBF and his lawyers on Aug. 22 outside of jail, which was granted by a judge on a one-time basis.
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