Judge Abrams Cites Spouse’s Law Firm’s Advisory to Withdraw from SBF-FTX Case
Michael ScottJudge Abrams conveyed her withdrawal from adjudicating the SBF-FTX proceedings on December 23, stating the essence of eradicating conflict of…
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Marshall Island Officially Recognizes DAO As Domestic Limited Liability Firm
The Decentralized Autonomous Organization Act of 2022 was passed into law by the Republic of the Marshall Islands (RMI). The…
US Court Approves Bitcoin Miner Core Scientific Access to $37.4M Loan
Bitcoin mining company Core Scientific reports the US court approved its motion to access the $37.5M loan advanced by the…
Brazil Crypto Bill Granted Assent by Outgoing President Bolsonaro into Law
Days before exiting the executive office, President Jair Bolsonaro signed the bill passed by the Chamber of Deputies to recognize…
Court Releases SBF Under $250M Bond, but Who Will Pay?
Yesterday, a New York judge released Former FTX boss Sam Bankman-Fried under a $250 million bond agreement. This event led…
Celsius Networks Set for Fierce Bidding War as 30 Potential Acquirers Identified
Bankrupt Celsius Networks admitted receiving multiple bids for its assets scheduled for action in January 2023. Days after the court…
Nasdaq Reports Animoca Brands’ Dominance in the Heavily Funded Metaverse Ecosystem
Nasdaq research portrays the bearish crypto market as a builder window leveraged by leading companies. The recent data analysis by…
Auros Global Restructures to Resume Operations
Auros Global announced a successful restructuring to resume operations following the $20M exposure in the bankrupt FTX. The crypto firm…
Central African Republic Postpones Listing Sango Coin to Q1 2023
The official communication by the Central African Republic (CAR) admitted the delay in the Sango listing, citing the unfavorable market…
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Gate.io’s Users Suffer Slow Deposits and Withdrawal Transactions
The Chinese crypto exchange acknowledged longer processing time for deposits and withdrawals, citing the ongoing node maintenance by the cloud…
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Solidus Labs Reports Creation of 350 Scam Tokens Daily
The annual report by Solidus Labs decries that ballooning rug pulls turned into an epidemic where scam token developers defrauded…
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Nigeria’s Proposed Bill to Facilitate Legal Recognition of Cryptocurrencies and Bitcoin Usage
The Nigerian government proposed a bill to facilitate recognition of Bitcoin and cryptos usage aligned with global practices. The law…
Top US Democrats Set to Refund Donations Advanced by Sam Bankman-Fried
The Democratic members drawn from the party's national and campaign committees acknowledged contact by prosecutors investigating Bankman-Fried. A similar confession…
OKX Outage Prolongs as Alibaba Cloud Encounters Equipment Failure
Seychelles-based crypto exchange OKX acknowledged the intermittent outage citing Alibaba Cloud encountered failure in its Hong Kong Zone. The update…