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“We have been working quietly but diligently to develop the necessary technology to launch a revolutionary decentralized marketplace for digital assets, compliant digital securities, and NFTs while liaising with regulators to provide a highly regulated decentralized financial platform,” said William B. Heyn, co-founder and co-CEO, SOMA.finance and CEO of Tritaurian
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In the lawsuit, Schiermeyer accused co-founder Thurston of moving GALA tokens from wallet under Gala Games’ control to 43 different wallets. Co-founders of blockchain gaming platform Gala Games have engaged in a legal battle over two separate lawsuits filed in the court. One of the co-founders alleged the theft of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin developers responded to a lawsuit initiated by self-proclaimed Bitcoin creator Craig Wright, often mocked with the nickname “faketoshi.” On Aug. 21, Bitcoin Legal Defense Fund (BLDF) filed a preliminary issue application with the UK High Court
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bybit, the world’s third most visited crypto exchange, has partnered with the American University of Sharjah (AUS) to award scholarships of around $272,000 (AED 1 million) to high-achieving students. Bybit partners with AUS The scholarship initiative follows Bybit’s
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Terra users are being urged to exercise caution as a security issue with Terra.money comes to light. The incident occurs against legal turbulence in the crypto world, highlighting the industry’s ongoing struggle for stability. Terra, a
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Two private banks in Uzbekistan — Kapital Bank and Ravnaq Bank — acquired approval from the National Agency for Perspective Projects (NAPP) to participate in the digital sandbox of crypto regulation. The banks will issue plastic crypto cards powered by Mastercard.On August 14, the NAPP reported the approval for Ravnaq Bank
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Grayscale Investments CEO, Michael Sonnenshein, highlighted a potential negative outcome for the United States economy if the Securities and Exchange Commission (SEC) continues to take a one-by-one approach to regulating the cryptocurrency industry.During a recent interview with Fox Business, Sonnenshein expressed that the SEC could drive crypto firms out of
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Kashifu Inuwa Abdullahi, who holds the position of Director-General at the National Information Technology Development Agency (NITDA), has disclosed that blockchain technology will be employed for the generation and validation of National Youth Service Corps (NYSC) certificates within Nigeria.The National Youth Service Corps is a program in Nigeria that requires university
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The PayPal USD will be pegged to U.S. dollars and issued by Paxos Trust. Source
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The issue was first identified on Aug. 2. Crypto developers monitor payments glitches on major platforms partly because a key premise of the blockchain industry is to build infrastructure that improves on the current options. Source
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