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IBM and Microsoft Joins Forces with Other Entities to Form Post-Quantum Cryptography (PQC) Coalition

The Post-Quantum Cryptography coalition is geared towards providing the architecture and information on how to protect data from decryption by quantum computers. Amid the mainstream adoption of blockchain technology and crypto assets, a new cybersecurity threat has emerged that involves quantum computing. As a result, a group of tech enthusiasts –

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FTX seeks $175M settlement with Genesis entities to resolve dispute

FTX, the troubled cryptocurrency exchange, and its CEO John J. Ray III have filed a motion seeking to reach a settlement of $176 million with Genesis entities. As per a legal document, FTX Trading and related debtors have formally requested a court mandate to resolve their disagreement with Genesis entities, aiming

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FTX’s former law firm hit with lawsuit alleging it set up ‘shadowy entities’

FTX’s former primary counsel Fenwick & West LLP has been hit with a class action suit claiming it aided the crypto exchange’s alleged multi-billion dollar fraud.An Aug. 7 filing by a group of FTX customers in a California District Court alleged the law firm set up several “shadowy entities” allowing

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Australia Acts on De-Banking of Crypto Entities, Supports Some Policy Recommendations

Blockchain Australia's commitment came after hosting a "Stopping Scams Roundtable" involving 28 representatives, as well as observers from the Australian Securities and Investments Commission (ASIC) and Treasury. Earlier this month, the body had denounced the de-banking of cryptocurrency platforms and said it would host a roundtable meeting to discuss the

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Celsius eyes merge of entities as creditors claim distinctions were a ‘sham’

Defunct crypto lender Celsius Network is looking to combine its United Kingdom and United States entities as new court filings allege that any supposed distinction between the two companies was a “sham.”The central point of dispute is focused on a decision made by the crypto lender in June 2021, when

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Bankrupt Crypto Lender Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’

Regular customers, misled by management, didn’t understand the implications of this transfer – but more sophisticated Series B investors were well aware of deficient record keeping, the filing added, arguing that the two entities should be treated as one for bankruptcy purposes. Original Source

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Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition – Regulation Bitcoin News

The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped its opposition to the central bank’s bid after it was accused of seeking to make

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