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Judge rules crypto protocols can be money transmitters without control
A judge has ruled on the compliance requirements for a crypto money transmitter — even if they do not control their users’ funds.
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Britannia buys operations of fellow Tether bank Deltec
Deltec Bank and Trust has reportedly sold its lines of business to Brittannia bank and Trust, another Tether bank in the Bahamas.
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Three DeFi hacks net $10 million in 48 hours despite ‘renaissance moment’
While Aave and Maker (now Sky) founders basked in a ‘DeFi renaissance moment,’ some less well-known projects were losing millions.
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Billionaire who introduced Tether to Northern Data leaves UK for Switzerland
Christian Angermayer claimed changes to the non-dom tax system would be “a bigger act of national self-harm than Brexit.”
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No, FTX creditors will not receive $16 billion today
Rumors of a $16 billion payout to victims of the FTX fraud circulated on social media. Some people thought they would receive money...
Former Coinbase employee accused of ‘stealing’ code for PearAI
A creator of PearAI quit his job at Coinbase to start the firm but has since been accused of stealing code and illegal...
Ohio senator re-introduces failed crypto tax plan
A state senator in Ohio has re-introduced a law that would somehow allow payment of taxes in volatile crypto assets.
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Alleged crypto scammer gets a face reveal courtesy of ZachXBT
Crypto sleuth ZachXBT claimed that the alleged crypto scammer stole $650K while in the UK and confirmed his face was exposed in a...
Binance founder CZ made over $25 million per day while in prison, report
Although most of his wealth comes from equity in private companies, Forbes claims that CZ could personally have made billions while in prison.
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Bitcoin mining firm Proton says Swan lawsuit ‘fatally flawed’
Swan Bitcoin claims Proton stole the IP of its bitcoin mining business, but Proton claims that Swan doesn’t even own a majority stake.
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