Tuesday, April 16, 2024
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Blast’s marketing approach “cheapens the work of a serious team” — Paradigm

Crypto venture capital firm Paradigm criticized Blast’s protocol marketing strategy, claiming the startup “crossed lines in both messaging and execution." The VC firm is a seed investor in Blast.The head of research at Paradigm, Dan Robinson, shared a statement on X (formerly Twitter) expressing disagreement about Blast’s decision to launch

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Crypto analyst blasts Kraken lawsuit as SEC’s money grab, criticizes attacks on ADA

In a YouTube published video yesterday, crypto analyst The Luckside Crypto host reacted strongly to news that the SEC has sued crypto exchange Kraken. The analyst expressed disbelief, stating “I can’t believe we are still having these discussions.” He claims the SEC alleges no fraud, manipulation, customer harm or security issues

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Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains

Argentina has grappled with hyperinflation for several decades due to failed policies that have led to budget deficits. As time marches on, the likelihood of Argentina — home to 47 million people — facing a full-scale currency collapse looms. But what are the prospects for increased adoption of Bitcoin (BTC),

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DOJ Blasts FTX Founder Sam Bankman-Fried’s ‘Intrusive’ Proposed Jury Questions

“The defense requests numerous open-ended questions about what opinions potential jurors have formed about the case, the defendant, and the defendant’s companies, and asks whether potential jurors can ‘completely ignore’ what they have previously seen,” the letter said. “This is unnecessarily intrusive, and goes beyond the purpose of voir dire.” Source

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Crypto Exchange Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’

Earlier this week, Genesis and its parent company, Digital Currency Group, said more than 230,000 retail creditors who used Gemini’s Earn program stand to be made “nearly whole” under a proposed remuneration deal to be voted on later this year. Earn was offered to customers of the Gemini crypto exchange,

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Binance Blasts ‘Desperate’ Reuters Special Report It Commingled Customer and Company Funds

The fund flows Reuters described in Tuesday's report "indicate a lack of internal controls to ensure customer funds were clearly identifiable and segregated from company revenues," according to three former U.S. regulators cited in the article, who also said the "commingling" obscured the whereabouts of customer funds. Source

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