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Judge approves taps on SBF’s parents’ phones to meet bail conditions

Surveillance software has been successfully implemented on Sam Bankman-Fried’s parents’ cell phones to ensure he does not breach the conditions of his bail, with a Judge approving of the measure.Bankman-Fried’s lawyers requested an extension on April 19 for the enforcement of the FTX co-founder’s recently revised bail conditions, citing difficulties

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EU approves MiCA, US crypto firms consider relocating amid regulatory uncertainty

This week, the crypto industry was largely dominated by regulatory developments. Industry leaders continued to express concerns about the regulatory climate in the United States, with some firms contemplating migrating in response to the Securities and Exchange Commission’s (SEC)crackdown. In contrast, the European Union had more clarity, as the parliament

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Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M of Circle’s USDC Stablecoin to Coinbase Custody

Maker, one of the largest decentralized lending protocols, is led by a decentralized autonomous organization (DAO), in which holders of its native maker (MKR) token vote on proposals. The protocol also issues the $5 billion DAI stablecoin, backed by some $7 billion worth of assets in Maker’s reserves. Original Source

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Argentina securities regulator approves Bitcoin futures index

The securities regulator of Argentina has approved a Bitcoin-based futures index set to debut on the Matba Rofex exchange. The Bitcoin (BTC) futures contract will start trading in May, with the exchange claiming it would be the first regulated Bitcoin futures index in Latin America.The National Commission of Value (CNV), the country’s

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Crypto Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward with Major Overhaul called ‘Endgame’ Plan

“While there are plenty of imperfections in the Endgame reforms and the constitutional processes, we are better off uniting around the clean slate those reforms provide and working to make the new Maker as dynamic and successful as possible,” delegate platform Frontier Research posted on Maker’s governance forum. Original Source

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Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator

However, as of May 2022, after "it became clear that the [two west Texas] facilities would not receive the anticipated power load," Core Scientific stopped making various payments to Priority Power Management, Bros said. Neither firm immediately replied to CryptoX's request for comment as to why the power was not

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