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San Francisco’s superior court takes over Fei Protocol’s Discord server

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The San Francisco Superior Court has reportedly taken control of Fei Protocol’s Discord server in a class action settlement. Fei Protocol is a decentralized stablecoin project whose native algorithmic stablecoin, FEI, is backed by diverse coins,

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“They are failing their residents.” – ICO takes action against Croydon Council for failing to respond to Freedom of Information requests

Council hit with enforcement notice for “repeated, systemic” failures on information law “No discernible improvement” after previous concerns raised Council could be found in contempt of court if failures persist The Information Commissioner’s Office (ICO) has issued an enforcement notice to

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Trader takes $4m short position on TrueUSD as issuer halts mints and redemptions

Following the issuer's decision to temporarily halt mints and redemptions through its banking partner, Prime Trust, a trader has taken advantage of the situation by initiating an on-chain short position on the stablecoin TrueUSD (TUSD).According to on-chain data, an Ethereum user utilized Aave's V2 lending platform by depositing 7.5 million

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Bitcoin volatility takes a break as $31K BTC price yearly highs loom

Bitcoin (BTC) denied the market fresh volatility at the June 23 Wall Street open as traders attempted to guess its next targets.BTC/USD 1-hour chart. Source: TradingViewBitcoin lacks “strong confirmation” of new upsideData from Cointelegraph Markets Pro and TradingView showed BTC price action continuing to hover around $30,000.A second day of

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Honk if you love Bitcoin! Lightning takes the wheel of a European rally car adventure

A Bitcoin-mobile (BTC) piloted by the “Bitcoin Ambassadors” team is competing in the 8,000-kilometer Baltic Sea Circle Rally race, orange-pilling competitors and campsites along the way. The car is adorned and sponsored by Bitcoin companies. Source: CercatrovaTwo Bitcoin advocates, Cercatrova, the democratically elected president of German-speaking Bitcoin community Einundzwanzig, and his

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Singapore takes the lead in establishing norms for ‘designated’ digital currency

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Singapore’s central bank, the Monetary Authority of Singapore, has unveiled a proposed common protocol aimed at establishing clear conditions for the utilization of digital currencies. As financial institutions in the city-state embark on trials involving purpose-bound

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Coinbase Takes Preemptive Legal Measures to Navigate Regulatory Storm

In addition to recruiting top-tier lawyers to bolster its defense, Coinbase has also filed “amicus briefs,” commonly known as friend-of-the-court briefs. In the face of intensified regulatory scrutiny within the cryptocurrency industry, Coinbase Global Inc (NASDAQ: COIN), a prominent American digital assets service provider, took a strategic legal approach to proactively

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Mark Cuban takes on SEC, John Reed Stark and ‘crypto derangement syndrome’

Crypto Twitter was witness to a fierce debate this wee, with billionaire investor Mark Cuban accusing SEC’s Gary Gensler of throwing crypto under the bus while a former SEC official was quick to come to the regulator’s defense.In a spirited, back-and-forth exchange on Twitter with former SEC officer John Reed

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