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Telegram CEO Pavel Durov gave a deposition regarding the company’s alleged violation of United States securities law by conducting $1.7 billion Gram token sale in 2018.In line with a relevant court order, the deposition was held on Jan. 7 and Jan. 8 before a court reporter designated by the
Read MoreThe Supreme Court of India has wrapped up the first three days in a hearing on a landmark case brought against the country’s central bank against its ban on banks’ dealings with cryptocurrency-related businesses.From Jan. 14 through 16, proceedings were focused on arguments presented by Ashim Sood, the legal
Read MoreThe United States Securities and Exchange Commision has charged a group of criminals, who raised over $30 million through a fraudulent initial coin offering (ICO).Per a Jan. 12 press release, the SEC charged convicted Boaz Manor, his business associate, and two companies, CG Blockchain Inc. and BCT Inc. SEZC,
Read MoreAs the SEC lawsuit against Telegram Open Network (TON) forced it to postpone mainnet launch, working blockchain explorers are already available for the testnet. Blockchair announced the creation of a user-friendly alternative to Telegram’s own explorer.A stalled launch has not stopped blockchain explorersIn 2018, TON raised more than $1.7
Read MoreA company that uses smart contracts to manage arbitration and dispute resolution around blockchain transactions announced on Jan. 17 its intention to list on the Main Market of the London Stock Exchange.Proof of Trust Ltd did not give any financial details or timetable for the listing, but CEO Dean
Read MoreAlethea AI is launching a decentralized Synthetic Content Network to track the usage and intellectual property of AI-generated content. The company plans to offer a wide selection of content, including but not limited to face-swapped deepfake videos.Alethea is a production studio for AI-generated content, having previously released a video
Read MoreCanadian authorities have issued new guidance to determine which digital currency trading platforms fall under derivatives law.The Canadian Securities Administration (CSA) explained new provisions in the “Guidance on the Application of Securities Legislation to Entities Facilitating the Trading of Crypto Assets” published on Jan. 16. In general, the agency drew
Read MoreTron (TRX) is set to feature zero knowledge-based privacy through the work of the TRONZ team. A trusted setup ceremony is set to be conducted soon, which Tron claims in a Jan. 17 blog post will “set a new Guinness World Record.”TRONZ is a privacy initiative that is set
Read MoreThe Libra Association — the government body of the eponymous stablecoin introduced by Facebook in late 2019 — has formed a new committee to guide the network’s technical development. According to an announcement on Jan. 16, the Libra Association has voted to establish the five-member Technical Steering Committee which comprises
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