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DCG Objects Settlement Between NY Attorney and Failed Genesis

Crypto VC Digital Currency Group (DCG) has called the settlement between subsidiary Genesis and New York as a “subversive arrangement.” Last week, DCG raised objections to defunct crypto lender Genesis’s plans to sell its assets amounting to around $1.6 billion. The assets...

, by Sujha Sundararajan

Startale Labs Secures $3.5 Million in Extended Seed Funding from Samsung and UOB

Startale Labs, a Singapore-based Web3 firm, has secured an additional $3.5 million in funding from Samsung Next and United Overseas Bank (UOB) Venture Management. According to a recent blog post by Startale, the newly acquired funds are set to fuel the expansion of the company's web3 product...

, by Hongji Feng

Why Finland Could be Europe’s Next Crypto Mining Giant

Finland is emerging fast as an attractive place for crypto mining due to its relatively cool climate, which helps with cooling mining rigs, and its abundant renewable energy sources. Additionally, Finland has a stable political and economic environment, which can be beneficial for long-term...

, by Tanzeel Akhtar

South Korean Province Collects $4.6M in Back Taxes Using Crypto Tracking System

South Korean province of Gyeonggi is utilizing a nuanced tracking system to claw back taxes by tracking individual's crypto holdings. The povince has already recovered a total of $4.6 million in owed taxes from just one group of delinquents who held crypto. Previously, the process of identifying...

, by Jai Pratap

Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks

S&P Global warned on Tuesday that approving proposed Spot Ethereum ETFs in the US could worsen the network's concentration issue by centralizing staked tokens among a few providers. Certain proposed US spot ether ETFs, including applications from Ark Invest and Franklin Templeton, seek to...

, by Shalini Nagarajan

Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board

Layer N, a roll-up network focused on scaling financial applications on Ethereum, has appointed Luc Froehlich, a former executive at Fidelity International based in Hong Kong, to its advisory board.Froehlich previously served as the global head of digital asset solutions at Fidelity International,...

, by Hassan Shittu

STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High

Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20, witnessing a substantial uptake with millions of tokens claimed upon the launch of the provisions portal.The newly released STRK tokens experienced robust demand,...

, by Hassan Shittu

Tom Lee Predicts Bitcoin’s Price Will Hit $150,000 By End Of 2024

Fundstrat analyst Tom Lee believes Bitcoin (BTC)’s price could reach $150,000 by the end of the year, rising 3X from its current value. His bullish prediction is based on two simple factors: rising demand due to Bitcoin ETFs, and falling supply due to the upcoming Bitcoin halving. Tom...

, by Andrew Throuvalas

Sam Bankman-Fried Ditches Legal Team, Moves Forward with Ex Celsius CEO’s Lawyers

Disgraced former FTX founder Sam Bankman-Fried appeared in a Manhattan federal court on Wednesday afternoon with a new legal team that also represents former Celsius CEO Alex Mashinsky. Bankman-Fried Makes His First Court Appearance Following High-Profile Trial During the hearing, Bankman-Fried...

, by Julia Smith

Terra Founder Do Kwon to be Extradited to the US, High Court Decides

Montenegro’s High Court just decided that the founder of the failed Terra crypto blockchain Do Kwon will be extradited to the US, where he is being prosecuted for crypto fraud, a local news outlet reported on Wednesday. Do Kwon Extradited: Terra Founder Faces Fraud Charges in US Kwon faces...

, by Michael Davis

AMD Collaborates With Wormhole Ecosystem to Enhance Blockchain Interoperability with Hardware Accelerators

On February 21, the interoperability platform Wormhole announced a collaboration with Advanced Micro Devices (AMD) to integrate AMD's FPGA hardware accelerators into the Wormhole ecosystem. According to an official blog post, the partnership will involve AMD supplying the zero-knowledge (zk)...

, by Jimmy Aki

Head of SEC’s Crypto Legal Team Exits for Private Firm

The leader of the Securities and Exchange Commission’s (SEC) crypto and cyber litigation legal team has left to join private firm White & Case, according to a February 21 press release. White & Case announced that Ladan Stewart had joined the firm as a partner in its white-collar defense...

, by Brian Yue

FTX Investors Sue Law Firm Sullivan and Cromwell For Involvement in Crypto Fraud

A class action lawsuit by investors of FTX is being brought against law firm Sullivan and Cromwell for its involvement in the $8 billion fraud, according to a February 16 Miami court filing. The extensive filing alleges Sullivan and Cromwell should face a jury trial on five different counts for...

, by Julia Smith

Bitcoin Advocate Fred Krueger Issues Stark Warning About Ethereum – Here’s What You Need to Know

On February 21, popular Bitcoin maximalist Fred Krueger issued a warning about the world's first-ever smart contract network, Ethereum. In a post on X (formerly Twitter), Krueger stated that Ethereum is rapidly losing its essence with growing competition in decentralized finance (DeFi). Ethereum...

, by Jimmy Aki

Australian Interest in Bitcoin Increases After Spot Bitcoin ETF Approval in the US

The approval of spot Bitcoin exchange-traded funds in the United States has led to a rise in Australian interest in Bitcoin according to a February 21 survey. Australian-based crypto exchange Independent Reserve's survey revealed that Bitcoin sentiment in Australia experienced a 25% boost after...

, by Brian Yue

Turkey’s Legislators Meet Stakeholders to Discuss Crypto Regulation, Pledge Security and Innovation in Draft Law

Turkey’s legislators met with digital asset stakeholders in a consultative meeting to discuss incoming crypto regulations on Tuesday. Omer Ileri, the deputy chairman of the ruling party who oversees the Information and Communications Technologies disclosed the meeting with the team of...

, by David Pokima

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