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A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California alleging various violations of federal and California law on unfair competition for attempting to monopolize the cryptocurrency market by harming its competitor FTX. The suit was brought by
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The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology Source
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Arthur Hayes believes that Bitcoin ETFs from BlackRock, Fidelity, etc. would harm decentralization. Hayes recently stated that ETFs from TradFi giants could interfere with crypto mining firms. The crypto entrepreneur projected that BTC will continue to hover around the $25,000 level in Q3 2023. Hayes added that the U.S. Federal Reserve’s policies would
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“The metaverse is in scope of the bill, which, as noble Lords know, has been designed to be technology neutral and future-proofed to ensure that it keeps pace with emerging technologies,” Lord Stephen Parkinson who is also a minister at the Department for Culture, Media and Sport, said at a
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The ICO’s Regulatory Sandbox aims to support organisations who are creating products and services which utilise personal data in innovative and safe ways. The Betting and Gaming Council entered the Sandbox to explore the gambling industry’s development and trial
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The Information Commissioner’s Office (ICO) has today backed proposals for the financial sector to share data with gambling companies to protect customers from unaffordable losses. In a letter to industry body UK Finance, the ICO has confirmed that data
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The list of around nine million FTX customers is “extraordinarily valuable” and could harm the crypto exchange’s sale value if released, a member of the FTX restructuring team has argued.In a court hearing released June 8, Kevin Cofsky, a partner at the investment bank Parella Weinberg on retainer to FTX,
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Researchers using Twitter’s formerly free Decahose data service will soon be required to pay a fee of $42,000 per month to continue using the service and retain their data.Decahose, a streaming service that gives scientists unfettered access to around 10% of all tweets in real-time, has been a mainstay for
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Jessica Jonas, chief legal officer of the nonprofit Bitcoin Legal Defense Fund, discussed the potential legal ramifications of a high profile lawsuit against Bitcoin core developers during the Bitcoin 2023 event in Miami on May 18.The case in question is a U.K. legal action filed by Craig Wright, the owner/operator
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