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Bitcoin miner Layer1 Technologies has been dragged into a lawsuit from a co-founder who claims he invested millions of dollars and was then forced out of the firm.In a complaint filed in the District Court in the Western District of Texas Pecos Division, the plaintiff, Jakov Dolic, sets out that
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The Cayman Islands is building a regulatory framework for "virtual asset service providers" with some measures already enacted. Source
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Rep. Soto and Rep. Schweikert call for recognizing blockchain signatures as legal instruments in their new bill. Source
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Binance, Gemini, and Kraken have become the biggest winners since US regulators' charges against BitMEX on Thursday. Source
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Coinbase will offer non-aligned employees a severance package, Kadena looks to cut into the DeFi market with a new decentralized exchange and Sushiswap is hemorrhaging liquidity. Top shelfSeverance offerCoinbase CEO Brian Armstrong sent his employees a letter telling them to get in line with a new company “culture shift,” offering those unwilling
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Joe Exotic, the embattled star of “Tiger King,” is back in the news. This time, it’s because his team has announced that they’re going forward with a bid for a presidential pardon. Haven’t we had enough of horrible people doing horrible things? Joe Exotic wants a pardon — and he’s serious this time. Though
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When Anshul Dhir got a 400% return on bitcoin in 2016, the Noida-based entrepreneur jumped in joy and decided to enter the world of digital currency. He left his government job and incorporated a startup named Qadcore to provide commercial mining facilities. His parents were baffled: ”Is crypto mining legal?
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Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteNew developments in crypto this week are challenging a number of critical boundaries of legal authority. We are, consequently, looking at several cases that promise to set new lines for government
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In the aftermath of the Twitter hack, lawmakers are targeting lax cybersecurity, not Bitcoin. Binance is looking to consolidate bitcoin mining in Russia, ConsenSys is being accused of stealing intellectual property and a celebrated comic book artist will be hawking his wares on the Ethereum blockchain. You’re reading Blockchain Bites, the
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekBitcoin’s price has hardly moved an inch
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