A class action lawsuit was filed on October 2, 2023, in the Northern District of California against cryptocurrency exchange Binance, alleging unfair competition and manipulation of the market leading to the collapse of rival exchange FTX.
The lead plaintiff, Nir Lahav, is a California resident who lost cryptocurrency assets when FTX filed for bankruptcy in November 2022.
On February 22, 2023, the U.S. District Court for the Northern District of California dismissed a class-action lawsuit against DeFi crypto lender Maker that accused the platform of misrepresentation and negligence.
Built on the Ethereum blockchain, the Maker Protocol was designed by a disparate group of developers and is governed by the MakerDAO,
On Wednesday, February 22, 2023, crypto exchange CoinEx was sued by New York Attorney General Letitia James for failing to register as a securities and commodities broker-dealer in the state of New York.
In a 38-page petition filed in the New York Supreme Court,
On Friday, February 24, 2023, NanoLabs filed a lawsuit in the United States District Court for the Northern District of California against crypto exchange Coinbase over the alleged infringement of its trademarks.
NanoLabs is the company behind the cryptocurrency Nano (NANO), which is used globally for an instant,
On Thursday, February 2, 2023, a class-action lawsuit has been filed in the District Court of the Western District of Texas against social media influencer Logan Paul, along with the executives of CryptoZoo (CZ), alleging that they engaged in a “rug pull”
CryptoZoo,
Cryptocurrency adoption quintupled from 2020 to 2021 with total transaction volume growing to $15.8 trillion. Cryptocurrency-based crime likewise had a record year, as criminals drove $14 billion in illicit activity in 2021. Criminals are basking in this regulatory vacuum,
Algo trading might be a confusing process for the majority of novice traders due to its complexity, but keep in mind that with proper knowledge and experience you will be able to familiarize yourself with this concept. It is one of the most important aspects of crypto trading,
This week, blockchain analysis firm Chainalysis revealed in its latest report that $1.9 billion has been stolen in crypto hacks in the first seven months of this year.
Even though top cryptocurrencies saw a sharp decline in value in the first half of this year,
Satellite IM, a novel blockchain-based messaging platform, has announced a successful $10.5 million seed funding round led by Multicoin Venture Fund and Framework Ventures. Prominent institutional venture investors, including Hashed Venture Fund, IDEO CoLab, Solana Ventures, and Pioneer Square Ventures Fund, among others,
Probably the most significant technological advancement in this era is the development of blockchain technology. It has offered many solutions to the challenges of traditional databases, with decentralization, transparency, and a high level of security among its best characteristics. Its existence has been implemented into practically all business sectors and has made a significant impact.
